Hungría - Producción industrial

Industrial production in Hungary increased 6.1 percent year-on-year in October of 2019, below an 11.1 percent rise in September which was the strongest since March of 2017. It compares with market expectations of a 6.5 percent rise. The majority of manufacturing subsections contributed to the increase. The rate of growth slowed significantly in the largest sector, vehicle manufacturing, as well as in computer, electronic and optical products, while manufacture of food products, beverages and tobacco rose at a rate above the industrial average. On a seasonally adjusted monthly basis, industrial production fell 0.4 percent.

Hungary's industrial output rose 0.3 percent year-on-year in August 2019, slowing markedly from a 12 percent surge in the prior month and missing market expectations of a 3 percent gain, a preliminary estimate showed. Production rose much less in the manufacture of transport equipment and it decreased for food products, beverages and tobacco. In contrast, output slightly accelerated in the manufacture of computer, electronic and optical products. Considering the first eight months of the year, industrial production grew 5.6 percent over a year ago. On a seasonally adjusted monthly basis, industrial activity decreased 1.2 percent, after rising 1.7 percent in the previous month.

Hungary's industrial output surged 12 percent year-on-year in July of 2018, recovering from a 1.4 percent fall in the previous month and beating market expectations of a 4 percent rise, a preliminary estimate showed. It was the highest gain in industrial activity since March of 2017, as the vast majority of manufacturing subsections contributed to the increase. The manufacture of transport equipment representing the largest weight went up significantly, at the same time the manufacture of computer, electronic and optical products, as well as that of food products, beverages and tobacco products grew at a rate below the industrial average.

Hungary's industrial output decreased 1.4 percent year-on-year in June of 2019, down from an upwardly revised 9.1 percent rise in the previous month and missing market expectations of a 5.3 percent gain, a preliminary estimate showed. It was the first fall in industrial activity since September of 2018. The rate of growth slowed in the largest weight representing manufacture of transport equipment, as well as in that of food products, beverages and tobacco products, while the manufacture of computer, electronic and optical products dropped.

Hungary's industrial output surged 8.7 percent year-on-year in May of 2019, up from a 6.3 percent rise in the previous month and above market expectations of 6.2 percent increase, a preliminary estimate showed. It was the highest gain in industrial activity since May of 2017. The rate of growth accelerated in the largest weight representing manufacture of transport equipment, while the manufacture of computer, electronic and optical products as well as the manufacture of food products, beverages and tobacco rose at a rate below the industrial average.

Hungary's industrial output growth eased to 6.3 percent year-on-year in April 2019 from 8 percent in the previous month and below market expectations of 6.7 percent, a preliminary estimate showed. Production growth in car manufacturing, which has the biggest weight overall, slowed, while the production of computers, electronic and optical goods declined. Food, beverages and tobacco output outpaced the industrial average.