FX.co ★ Hungary Industrial Output Rises for 1st Time in Almost 2 Years

According to preliminary estimates, Hungary's industrial production saw a 1.8% year-on-year increase in December 2025, recovering from a 5.4% drop recorded in November. This marks the first instance of industrial growth since February 2024, with most manufacturing sub-sectors contributing to the upturn. Notably, the sub-sectors of vehicle manufacturing, along with food, beverage, and tobacco product sectors, experienced slight increases. In contrast, the sectors involving computer, electronic, and optical product manufacturing, as well as electrical equipment manufacturing, witnessed substantial growth. On a month-to-month basis, after adjusting for seasonal and working-day variations, industrial output improved by 0.9% compared to the previous month, rebounding from a 2% decline in November. However, looking at the entire year of 2025, the total volume of industrial production was 3.2% lower than in 2024.