Hungary's industrial production increased 5.4 percent from a year earlier in December 2018, following a 4 percent growth in the previous month and easily beating market expectations of 2.9 percent, a preliminary estimate showed. Growth was driven by the manufacturing sector, including cars, computers, electronic and optical goods. In 2018 as a whole, output was 3.6 percent higher than in 2017. Industrial Production in Hungary averaged 4.67 percent from 1991 until 2018, reaching an all time high of 23.50 percent in May of 2000 and a record low of -28.99 percent in February of 2009.

Industrial Production in Hungary is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Hungary to stand at 3.60 in 12 months time. In the long-term, the Hungary Industrial Production is projected to trend around 2.10 percent in 2020, according to our econometric models.

Hungary Industrial Production
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-08 08:00 AM Industrial Production YoY -0.6% 1.6% 3.3% 3.2%
2018-12-06 08:00 AM Industrial Production YoY 5.9% -0.6% 3.5% 4.6%
2019-01-08 08:00 AM Industrial Production YoY 4% 5.9% 5.3% 3.3%
2019-02-07 08:00 AM Industrial Production YoY 5.4% 4% 2.9% 4.5%
2019-03-07 08:00 AM Industrial Production YoY 5.4%
2019-04-05 07:00 AM Industrial Production YoY
2019-05-08 07:00 AM Industrial Production YoY 3.5%


Hungary Business Last Previous Highest Lowest Unit
Business Confidence 13.90 15.40 17.30 -37.70 Index Points [+]
Industrial Production 5.40 4.00 23.50 -28.99 percent [+]
Industrial Production Mom 2.50 -1.10 16.60 -13.10 percent [+]
Manufacturing Production 4.00 5.90 34.80 -31.40 percent [+]
New Orders 101.30 102.80 266.90 50.30 Index Points [+]
Changes in Inventories 120766.00 -141025.00 464766.00 -428674.00 HUF Million [+]
Car Registrations 9714.00 9685.00 21340.00 2425.00 [+]
Internet Speed 14814.21 14300.93 14814.21 2884.96 KBps [+]
IP Addresses 2456014.00 2513970.00 2810081.00 1052005.00 IP [+]
Mining Production 36.60 63.20 138.30 -50.00 percent [+]
Manufacturing Pmi 54.00 54.30 61.99 37.19 [+]
Steel Production 160.00 166.00 272.00 37.00 Thousand Tonnes [+]
Competitiveness Index 64.31 63.43 64.31 4.21 Points [+]
Competitiveness Rank 48.00 48.00 63.00 38.00 [+]
Ease of Doing Business 53.00 48.00 54.00 40.00 [+]
Electricity Production 2986.00 2707.00 3727.00 1974.00 Gigawatt-hour [+]
Corruption Index 46.00 45.00 55.00 41.20 Points [+]
Corruption Rank 64.00 66.00 66.00 28.00 [+]


Hungary Industrial Production

In Hungary, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Hungary Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Industrial Production - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.40 4.00 23.50 -28.99 1991 - 2018 percent Monthly
2010=100, NSA




Country Last Previous
Argentina -14.70 Dec/18
Australia 2.80 Sep/18
Brazil -3.60 Dec/18
Canada 4.20 Oct/18
China 5.70 Dec/18
Euro Area -4.20 Dec/18
France -1.40 Dec/18
Germany -3.90 Dec/18
India 2.40 Dec/18
Indonesia 0.60 Oct/18
Italy -5.50 Dec/18
Japan -1.90 Dec/18
Mexico -2.50 Dec/18
Netherlands 0.40 Nov/18
Russia 1.10 Jan/19
Saudi Arabia 5.84 Jun/18
Singapore 2.70 Dec/18
South Africa 0.10 Dec/18
South Korea 1.60 Dec/18
Spain -6.20 Dec/18
Switzerland 1.40 Sep/18
Turkey -9.80 Dec/18
United Kingdom -0.90 Dec/18
United States 3.80 Jan/19


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