Industrial Output Climbs 1.8% in December

Output of Hungary's industrial sector rose 1.8% year-on-year in December, a first reading of data released by the Central Statistical Office (KSH) on Friday morning shows. However, output fell 1.0% when adjusted for the number of workdays.

Output rose in the majority of the manufacturing subsections compared to the same month of the previous year, with "large-scale" increases in the computer, electronics and optical equipment and the electrical equipment segments and "small-scale" growth in the automotive and the food, drinks and tobacco segments, KSH said.

In a month-on-month comparison, output rose a seasonally- and workday-adjusted 0.9%. For the full year, the volume of industrial production was 3.2% below the 2024 level.

KSH will release detailed data for the month on February 13.