Industrial production in Hungary declined by 2.5% year-on-year in January 2026, reversing from a 1.8% rise in the previous month, according to preliminary estimates. Production volumes decreased across most manufacturing subsectors. Among the most important sectors, vehicle manufacturing and the production of food, beverages, and tobacco products dropped, while the production of computers, electronics, optical products, and electrical equipment expanded. On a seasonally and working-day adjusted monthly basis, industrial output rose by 1.5% in January, following a 1.0% increase in the previous month.