Hungary Industry


Hungary: Industrial production rebounds in June

August 6, 2013

According to preliminary estimates released by the statistical institute (KSH) on 6 August, industrial output expanded a working-day adjusted 1.7% over the same month last year in June, overshooting market expectations of a 0.5% increase. The print contrasted the 2.1% fall seen in May.

Compared to the previous month, industrial production rose a seasonally and working-day adjusted 1.2% in June, which contrasted the 1.3% drop seen in May. As a result of the annual rise, the trend improved slightly, with annual average growth in industrial production increasing from minus 1.1% in May to minus 1.0% in June.

FocusEconomics Consensus Forecast panellists expect industrial production to grow 1.0% this year, which is down 0.4 percentage points from last month's projection. For next year, the panel expects industrial output to climb to a stronger 3.7%.


Sample Report

Looking for forecasts related to Industry in Hungary? Download a sample report now.


Hungary Industry Chart

Hungary Industry June 2013

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Hungarian Central Statistics Office and FocusEconomics calculations.

Hungary Economic News

More news

Search form