FX.co ★ Hungary’s Industrial Slump Eases in February as Output Decline Narrows

Hungary’s industrial sector showed signs of stabilisation in February 2026, with the year-over-year decline in output moderating compared to the previous month. Industrial production fell 1.5% in February versus the same month a year earlier, an improvement from January’s 2.5% contraction, according to data updated on 8 April 2026.

The figures, which compare each month’s performance to the corresponding month a year before, indicate that while Hungary’s industry remains in negative territory, the pace of decline is slowing. January 2026 had marked a deeper year-over-year drop, suggesting that some of the pressure on factories and manufacturers may be beginning to ease.

Investors and policymakers will be watching upcoming data closely to see whether February’s softer contraction signals the start of a gradual recovery in Hungarian industrial output or merely a temporary respite in a still-weak manufacturing cycle.