Financial News: Hungary Industrial Production Shrinks 2.6%

Hungary Industrial Production Shrinks 2.6%

07/04/2025 - 07:19:00 (RTTNews)

(RTTNews) - Hungary's industrial output continued to decline in May, preliminary figures from the Hungarian Central Statistical Office showed on Friday.

The volume of industrial production fell a working-day-adjusted 2.6 percent annually in May, following a 2.3 percent decrease a month ago. Prices have been falling since March 2024.

Among subsectors, the largest negative contribution came from the electrical equipment segment, as well as in the manufacture of food products, beverages, and tobacco products. Meanwhile, the manufacture of transport equipment, as well as the manufacture of computer, electronic, and optical products, expanded.

On an unadjusted basis, industrial output also fell 2.6 percent versus a 5.0 percent plunge in the prior month.

On a monthly basis, industrial production dropped 1.3 percent, reversing a 1.5 percent growth in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Luxembourg Inflation Rises To 1-Year High (07 hr(s), 01 min(s), 53 sec(s) ago)
(RTTNews) - Consumer price inflation in Luxembourg accelerated in June to the highest level in one ...Full Story»

Denmark Industrial Production Rises 0.1% (08 hr(s), 13 min(s), 53 sec(s) ago)
(RTTNews) - Denmark's industrial production increased for the second straight month in May, th ...Full Story»

Eurozone Retail Sales Drop For First Time In 5 Months; Services Output Fall (08 hr(s), 34 min(s), 53 sec(s) ago)
(RTTNews) - Euro area retail sales decreased for the first time in five months and services produc ...Full Story»

Iceland Trade Deficit Narrows In June (09 hr(s), 04 min(s), 53 sec(s) ago)
(RTTNews) - Iceland's foreign trade deficit decreased in June from a year ago, figures from St ...Full Story»

Czech Industrial Output Growth Improves; Trade Surplus Rises (09 hr(s), 39 min(s), 53 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in nearly ...Full Story»

Eurozone Investor Confidence Strongest In More Than 3 Years (10 hr(s), 22 min(s), 53 sec(s) ago)
(RTTNews) - Eurozone investor confidence rose to the highest level in more than three years in Jul ...Full Story»

German Industrial Production Rebounds In May (10 hr(s), 49 min(s), 53 sec(s) ago)
(RTTNews) - Germany's industrial production rebounded in May driven by robust demand for autom ...Full Story»

Romania Retail Sales Growth Eases To 2.7% (12 hr(s), 05 min(s), 53 sec(s) ago)
(RTTNews) - Romania's retail sales growth eased for the eighth straight month in May, though m ...Full Story»