Hungarian industrial production witnessed a gradual, albeit slight, rebound in January 2025, according to the latest year-over-year figures. Industrial output still suffered a decline, but showed signs of recovery, registering a -3.9% compared to the previous month's -5.3%, which was recorded in December 2024. This data was updated on 06 March 2025.
The moderated decline marks a slowdown in the gradual recovery trajectory of Hungary’s industrial sector, which has been grappling with persistent challenges in the global economic landscape. The improvement from December’s figures may signal positive momentum, though industrial output remains in negative territory for the year-over-year comparison.
Economists and industry experts are now cautiously optimistic, closely monitoring subsequent months to gauge whether this marginal recovery indicates a trend towards economic stabilization or merely a temporary respite in Hungary's industrial downturn. Stakeholders are keenly awaiting further data to better understand the underlying forces affecting output, considering global supply chain dynamics and domestic market conditions.
