Hungary's industrial production increased 5.9 percent from a year earlier in February 2019, following a 4.4 percent growth in the previous month and beating market consensus of 5.1 percent, a preliminary estimate showed. Car manufacturing output growth accelerated, as well as the production of computers, electronic and optical goods. On a seasonally adjusted monthly basis, industrial output rose 1 percent in February, after a 0.6 percent gain in January. Industrial Production in Hungary averaged 4.67 percent from 1991 until 2019, 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 3.20 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 2.90 in 12 months time. In the long-term, the Hungary Industrial Production is projected to trend around 2.70 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
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 4.4% 5.4% 3.2% 3.2%
2019-04-05 07:00 AM Industrial Production YoY 5.9% 4.4% 5.1% 3.6%
2019-05-08 07:00 AM Industrial Production YoY 5.9% 4.5%
2019-06-06 07:00 AM Industrial Production YoY 3%
2019-07-05 07:00 AM Industrial Production YoY 2.9%


Hungary Business Last Previous Highest Lowest Unit
Business Confidence 12.10 12.90 17.30 -37.70 Index Points [+]
Industrial Production 5.90 4.40 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 105.50 104.60 266.90 50.30 Index Points [+]
Changes in Inventories 258742.00 295548.00 464766.00 -428674.00 HUF Million [+]
Car Registrations 11227.00 9714.00 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 52.40 55.51 62.01 37.20 [+]
Steel Production 156.00 156.00 272.00 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 2378.00 3318.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.90 4.40 23.50 -28.99 1991 - 2019 percent Monthly
2010=100, NSA




Country Last Previous
Argentina -8.50 Feb/19
Australia 2.80 Sep/18
Brazil 2.00 Feb/19
Canada 1.19 Jan/19
China 8.50 Mar/19
Euro Area -0.30 Feb/19
France 0.60 Feb/19
Germany -0.40 Feb/19
India 0.10 Feb/19
Indonesia 5.20 Jan/19
Italy 0.90 Feb/19
Japan -1.10 Feb/19
Mexico -0.80 Feb/19
Netherlands -0.30 Feb/19
Russia 1.20 Mar/19
Saudi Arabia 2.34 Sep/18
Singapore 0.70 Feb/19
South Africa 0.60 Feb/19
South Korea -2.70 Feb/19
Spain -0.30 Feb/19
Switzerland 5.10 Dec/18
Turkey -5.10 Feb/19
United Kingdom 0.10 Feb/19
United States 2.80 Mar/19


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