FX.co ★ Hungary Industrial Output Contraction Confirmed at 5.0%

Industrial production in Hungary experienced a 5.0% decrease year-on-year in April 2025, as confirmed by initial estimates and consistent with market predictions. This marks a shift from the stagnant performance seen in the previous month. The decline was largely attributed to a reduction in manufacturing output, which fell by 5.2% compared to a modest 0.2% increase in March, with vehicle manufacturing significantly impacted. Additionally, mining and quarrying continued its downward trend, plummeting by 15.5% following a 10.8% decrease. Conversely, there was a notable increase in the production of electricity, gas, steam, and air-conditioning supply, which rose by 6.3% compared to 5% previously. On a seasonally adjusted month-to-month basis, industrial activity saw a 1.5% increase in April, improving upon the 0.1% rise from the prior period.