Hungary’s industrial production declined by 0.4% year-on-year in May 2026, a reversal from the 0.9% increase recorded in April and the weakest performance since February, according to preliminary data. Output fell in most manufacturing branches compared with a year earlier. Among key sectors, production decreased in electrical equipment, as well as in food, beverages, and tobacco products. In contrast, output continued to expand in vehicle manufacturing and in the production of computer, electronic, and optical goods. On a seasonally and working-day adjusted basis, industrial production rose by 2.3% in May, rebounding from a 1.1% decline in the previous month. Over the first five months of 2026, industrial output was 0.7% higher than in the same period a year earlier.