FX.co ★ Hungary Industrial Output Drops 5.4% in November

Hungary's industrial production experienced a decline of 5.4% year-on-year in November 2025, further worsening from the 2.7% reduction observed in October, and surpassing analysts' projections of a 2.2% decrease. The majority of manufacturing sub-sectors reported reduced production volumes, most notably in the vehicle and electrical equipment industries. However, there were recorded gains in specific sectors, such as the production of computers, electronics, optical products, as well as food, beverages, and tobacco goods. When adjusted for seasonal and working-day variations, industrial output fell by 2% from the previous month, negating the modest 0.4% rise recorded in October. Throughout the first eleven months of the year, industrial production was 3.5% lower than during the same period of the preceding year.