Hungary’s industrial production declined by 0.4% year-on-year in May 2026, confirming preliminary data and reversing the 0.9% increase recorded in April. Manufacturing output, which represents 96% of total industrial production, was unchanged after a 0.9% rise in the previous month.
Most manufacturing subsectors remained in contraction. The sharpest declines were registered in food, beverages and tobacco (-4.5% vs -1.6% in April), rubber, plastics and non-metallic mineral products (-4.9% vs -4.0%), and electrical equipment (-5.3% vs -1.5%).
Elsewhere in industry, output in electricity, gas, steam and air conditioning supply also fell markedly (-9.6% vs +0.2% in April). By contrast, mining and quarrying continued to expand, though growth slowed significantly (47.0% vs 72.1%).
On a seasonally and working-day adjusted basis, overall industrial output increased by 2.3% in May, rebounding from a 1.1% decline in April.
