12 June 2026, 10:10 Hungary: Industrial Output Growth Slows in April.
Industrial production in Hungary grew by 0.9% year-on-year in April 2026, confirming initial estimates and slowing from a 6.7% increase in the previous month. This marked the second consecutive month of growth in industrial activity, albeit at a softer pace, driven largely by a slower increase in manufacturing output (0.9% vs 7.0% in March), which accounts for 96% of total industrial production. Most manufacturing sub-sectors recorded a decline, mainly food, beverages and tobacco products (-1.6% vs 9.2%), electrical equipment (-1.5% vs 11.4%), and rubber, plastics and non-metallic mineral products (-4.0% vs 2.8%). In addition, output growth in electricity, gas, steam, and air conditioning supply softened (0.2% vs 2.3%). Meanwhile, mining production surged by 72.1%, accelerating from a 7.5% gain in March. On a seasonally and working-day-adjusted basis, industrial output declined by 1.1% in April, slipping from a 3.1% rise in the preceding period.
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