Hungarian Parliament building

Hungary Industry January 2022

Hungary: Industrial output expands at quickest pace in six months in January

According to a second estimate by the Statistical Institute, industrial output increased 7.1% in year-on-year terms in January, which was above December’s 3.6% increase. January’s rise was largely driven by faster growth in manufacturing output. In contrast, mining and quarrying output weakened.

On a seasonally-adjusted monthly basis, industrial production rebounded, rising 1.9% in January (December: -0.1% mom). Meanwhile, the trend improved sizably, with the annual average growth of industrial production coming in at 22.3%, up from December’s 20.8% reading.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest