Financial News: Hungary Industrial Output Falls As Estimated

Hungary Industrial Output Falls As Estimated

03/13/2025 - 10:06:00 (RTTNews)

(RTTNews) - Hungary's industrial production continued to decline as initially estimated in January, the latest data from the Hungarian Central Statistical Office showed on Thursday.

The volume of industrial production dropped a working-day-adjusted 3.9 percent yearly in January, much slower than the 7.9 percent fall a month ago. That was in line with the flash data published on March 6.

Among subsectors, the manufacture of electrical equipment declined the most by 30.0 percent, and that of transport equipment dropped by 3.0 percent. On the other hand, production of computers, electronics, and optical products grew sharply by 15.4 percent, which impacted the overall slowdown in the declining trend.

On a monthly basis, industrial production recovered 0.8 percent, following a 2.9 percent decline in the previous month, as estimated.

On an adjusted basis, industrial production also fell the same 3.9 percent in January compared to last year.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Thirty-Year Bond Auction Attracts Below Average Demand (02 hr(s), 11 min(s), 18 sec(s) ago)
(RTTNews) - After reporting above average demand for this month's three-year and ten-year note ...Full Story»

Hungary Industrial Output Falls As Estimated (05 hr(s), 16 min(s), 18 sec(s) ago)
(RTTNews) - Hungary's industrial production continued to decline as initially estimated in Jan ...Full Story»

Irish Inflation Eases Slightly To 1.8% (05 hr(s), 38 min(s), 18 sec(s) ago)
(RTTNews) - Ireland's consumer price inflation eased marginally in February from a 6-month hig ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Edge Down To 220,000 (05 hr(s), 41 min(s), 18 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday unexpectedly showed a modest dec ...Full Story»

U.S. Producer Prices Unexpectedly Flat In February (05 hr(s), 44 min(s), 18 sec(s) ago)
(RTTNews) - With an increase in prices for goods offset by a decrease in prices for services, the ...Full Story»

U.S. Producer Price Index Unexpectedly Unchanged In February (06 hr(s), 41 min(s), 18 sec(s) ago)
(RTTNews) - With an increase in prices for goods offset by a decrease in prices for services, the ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower (06 hr(s), 47 min(s), 18 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday unexpectedly showed a modest dec ...Full Story»

Eurozone Industrial Output Rebounds In January (07 hr(s), 22 min(s), 18 sec(s) ago)
(RTTNews) - Euro area industrial production recovered at a stronger-than-expected pace in January ...Full Story»