Hungary's industrial output decreased 1.4 percent year-on-year in June of 2019, down from an upwardly revised 9.1 percent rise in the previous month and missing market expectations of a 5.3 percent gain, a preliminary estimate showed. It was the first fall in industrial activity since September of 2018. The rate of growth slowed in the largest weight representing manufacture of transport equipment, as well as in that of food products, beverages and tobacco products, while the manufacture of computer, electronic and optical products dropped. Industrial Production in Hungary averaged 4.68 percent from 1991 until 2019, reaching an all time high of 23.50 percent in May of 2000 and a record low of -28.99 percent in February of 2009.

Industrial Production in Hungary is expected to be 6.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Hungary to stand at 4.80 in 12 months time. In the long-term, the Hungary Industrial Production is projected to trend around 4.70 percent in 2020, according to our econometric models.

Hungary Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-08 07:00 AM Industrial Production YoY Mar 8% 6% 6.1% 4.5%
2019-06-06 07:00 AM Industrial Production YoY Apr 6.3% 8% 6.7% 3%
2019-07-05 07:00 AM Industrial Production YoY May 8.7% 6.3% 6.2% 6.7%
2019-08-07 07:00 AM Industrial Production YoY Jun -1.4% 9.1% 5.3% 6.5%
2019-09-06 07:00 AM Industrial Production YoY Jul -1.4% 6.1%
2019-10-07 07:00 AM Industrial Production YoY Aug 6.2%
2019-11-08 08:00 AM Industrial Production YoY Sep 6.3%


Hungary Business Last Previous Highest Lowest Unit
Business Confidence 4.30 5.70 17.30 -37.70 Index Points [+]
Industrial Production -1.40 9.10 23.50 -28.99 percent [+]
Industrial Production Mom -1.10 1.00 16.60 -13.10 percent [+]
Manufacturing Production 6.50 3.70 34.80 -31.40 percent [+]
New Orders 88.10 102.80 266.90 50.30 Index Points [+]
Changes in Inventories 47618.00 258742.00 464766.00 -428674.00 HUF Million [+]
Car Registrations 13577.00 14207.00 21340.00 2425.00 [+]
Internet Speed 14814.21 14300.93 14814.21 2884.96 KBps [+]
IP Addresses 2456014.00 2513970.00 2810081.00 1052005.00 IP [+]
Manufacturing Pmi 51.30 54.10 62.00 37.20 [+]
Mining Production 59.80 16.40 138.30 -50.00 percent [+]
Steel Production 122.00 154.00 272.00 37.00 Thousand Tonnes [+]
Competitiveness Index 64.31 63.43 64.31 4.21 Points [+]
Competitiveness Rank 48.00 48.00 63.00 38.00 [+]
Capacity Utilization 84.00 85.20 87.90 67.80 percent [+]
Ease of Doing Business 53.00 48.00 54.00 40.00 [+]
Electricity Production 2451.00 2328.00 3727.00 1974.00 Gigawatt-hour [+]
Corruption Index 46.00 45.00 55.00 41.20 Points [+]
Corruption Rank 64.00 66.00 66.00 28.00 [+]


Hungary Industrial Production

In Hungary, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Hungary Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Industrial Production - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-1.40 9.10 23.50 -28.99 1991 - 2019 percent Monthly
2010=100, NSA




Country Last Previous
Argentina -6.90 Jun/19
Australia 1.20 Mar/19
Brazil -5.90 Jun/19
Canada 3.14 May/19
China 4.80 Jul/19
Euro Area -2.60 Jun/19
France 0.00 Jun/19
Germany -5.20 Jun/19
India 2.00 Jun/19
Indonesia 3.60 Jun/19
Italy -1.20 Jun/19
Japan -3.80 Jun/19
Mexico -2.91 Jun/19
Netherlands -1.90 Jun/19
Russia 2.80 Jul/19
Saudi Arabia 1.40 Dec/18
Singapore -6.90 Jun/19
South Africa -3.20 Jun/19
South Korea -2.90 Jun/19
Spain 1.80 Jun/19
Switzerland 4.80 Jun/19
Turkey -3.90 Jun/19
United Kingdom -0.60 Jun/19
United States 0.50 Jul/19


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