FX.co ★ Hungary Industrial Output Eases in September

Hungary’s industrial production rose by 8.2% year-on-year in September 2026, slowing from 8.7% in August. Manufacturing growth eased to 9.0% (down from 10.3%), largely due to weaker expansions in transport equipment (33.3% vs. 43.3%) and in computer, electronic and optical products (11.0% vs. 30.2%).

By contrast, electrical equipment manufacturing returned to growth, expanding by 4.8% after a 9.8% decline, while output of basic metals and fabricated metal products also rebounded, rising 1.5% after a 3.4% drop. Production of food, beverages and tobacco remained in contraction, shrinking 4.3% compared with a 6.8% decline previously, and output of rubber, plastics and other non-metallic mineral products fell by 4.6%.

Outside manufacturing, mining and quarrying activity surged, with growth accelerating to 135.8% from 94.7%. Electricity, gas, steam and air conditioning supply edged up by 0.2%, following a 13.1% fall in the previous month.

On a seasonally and working-day adjusted monthly basis, industrial output increased by 0.9% in September, slightly below August’s 1.0% rise. Over the period January–September, industrial production was up 4.0% year-on-year.