Industrial production in Hungary declined by 2.6% year-on-year in May 2025, matching preliminary estimates and easing from a 5% drop in the previous month. The decrease in production was less severe in manufacturing (-2.7% vs -5.2% in April), particularly in the manufacture of vehicles and computers, electronics, and optical products. Additionally, the decline moderated in mining and quarrying (-7.4% vs -15.5%), while electricity, gas, steam, and air-conditioning supply grew at a faster pace (6.9% vs 6.3%). On a seasonally adjusted monthly basis, industrial activity fell 1.3% in May 2025, reversing a 1.5% gain in the previous month.