FX.co ★ Hungary Industrial Output Confirmed at 1.8%

Industrial production in Hungary grew by 1.8% year-on-year in December 2025, rebounding from an upwardly revised 5.5% contraction in November and in line with preliminary estimates. This was the strongest expansion since April 2024, driven by a recovery in manufacturing output, which rose 3.9% after a 5.8% decline in the previous month.

Within manufacturing, significant gains were recorded in electrical equipment (up 12.5% vs. down 11.3% in November), in other manufacturing and the repair and installation of machinery and equipment (up 8.3% vs. down 4.4%), in rubber and plastics products and other non-metallic mineral products (up 2.1% vs. down 10.1%), and in computer, electronic and optical products (up 38% vs. 6.2% growth previously).

By contrast, output continued to contract in mining and quarrying (down 18.4% vs. 11.8%) and in electricity, gas, steam and air conditioning supply (down 20.8% vs. 1.8%).

On a seasonally adjusted monthly basis, industrial production increased by 0.9% in December, reversing a 2% decline in November. Over the whole of 2025, industrial output was 3.2% lower than in the previous year.