FX.co ★ Hungary Industrial Output Contraction Confirmed at 2.7%

Hungary experienced a 2.7% decline in industrial production in October 2025 compared to the same month in the previous year. This figure marks a downturn from the 1.3% growth observed in September and aligns with preliminary forecasts. The manufacturing sector saw a significant contraction, dropping by 2.9% after a 1.5% increase in September. Conversely, production in mining and quarrying bounced back with a 2.0% increase, compared to a 5.6% decrease previously. Additionally, growth accelerated in the electricity, gas, steam supply, and air conditioning sector, registering an 8.5% increase, up from 5.2%. On a month-to-month basis, when seasonally adjusted, industrial activity increased by 0.5%, a slowdown from the 1.3% rise recorded in the prior month. Throughout the January to October timeframe, industrial output was down by 3.3% compared to the same period in the previous year.