Industry in Hungary

Hungary Industry | Economic News & Forecasts

Hungary - Industry

Industrial production growth eases again in November

Industrial production rose a working-day-adjusted 5.7% year-on-year in November (October: +6.4% year-on-year), according to a second estimate by the Hungarian Central Statistical Office. November’s moderation largely reflected a slowdown in the manufacture of transport equipment compared to the previous month.

In seasonally- and working-day-adjusted terms, industrial output decreased 1.0% month-on-month in November, following October’s 0.4% contraction. Lastly, annual average growth in industrial production rose from 6.1% in October to 6.3% in November.

FocusEconomics Consensus Forecast panelists expect industrial production to grow 3.6% in 2020, which is down 0.1 percentage points from last month’s projection. For 2021, the panel expects industrial output to grow 3.2%.

Hungary - Industry Data

2013   2014   2015   2016   2017  
Industrial Production (annual variation in %)1.1  7.7  7.4  0.9  4.6  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


Hungary Industry Chart

Hungary Industry
Note: Annual variation of industrial production in %.
Source: Hungarian Central Statistical Office (KSH) and FocusEconomics calculations.

Hungary Facts

Value Change Date
Bond Yield2.080.0 %Dec 31
Exchange Rate295.1-0.68 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form