FX.co ★ Hungary’s Industrial Output Swings Back to Growth in December, Breaking Months-Long Slump

Hungary’s industrial sector returned to growth in December 2025, with output rising 1.8% year-over-year, according to data updated on 6 February 2026. This marks a sharp turnaround from November 2025, when industrial production contracted by 5.4% compared with a year earlier.

The figures are calculated on a year-over-year basis, comparing each month’s performance with the same month a year before. After posting a steep decline in November, the December rebound suggests a notable improvement in industrial activity at the end of 2025, potentially signaling early signs of stabilization in Hungary’s manufacturing and production base.

While the data confirm only a single month of growth following a significant drop, the swing from -5.4% to 1.8% underscores a marked shift in momentum as the country closed out the year. Investors and policymakers will now watch incoming data closely to gauge whether December’s positive reading can be sustained in the months ahead.