FX.co ★ Hungary’s Industrial Output Swings Back into Contraction in January

Hungary’s industrial sector slipped back into decline at the start of the year, with output falling 2.5% year-over-year in January 2026, according to data updated on 13 March 2026. This marks a sharp reversal from the previous reading of 1.8% year-over-year growth, also recorded for January 2026.

The figures are based on a year-over-year comparison, measuring the change in industrial production against the same month a year earlier. The “previous” indicator reflected the prior month’s year-over-year change, while the “current” indicator captures the latest available annual comparison. The move from positive to negative territory suggests renewed pressure on Hungary’s industrial base after a brief period of growth.