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Manufacturing

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Industrial Production Up by 14.4% on 2021 Pandemic Year

D&T
Oct 13, 2022

In August 2022 the volume of industrial production grew by 14.4% year-on-year. Based on working-day adjusted data production rose by 9.3%. Compared to crude data, the significant difference is due to the fact that there were two more working days in August 2022 than in the same month of the previous year, the Central Statistical […]

Balluff Group Opens New Office in Budapest

D&T
Aug 28, 2022

The German family-owned Balluff Group has opened a new development office in Budapest, the third location in Hungary, following Veszprém and Csetény (both southwest of Budapest), where 10 highly skilled jobs will be created, the company told the state news agency MTI. According to the information, Balluff's management decided a year ago to expand its […]

Industrial Production: an Annual Increase of 9.4%

D&T
Jul 6, 2022

In May this year, the volume of industrial production in Hungary grew by 9.4% year-on-year, according to data published by the country’s Central Statistical Office. Based on working-day adjusted data, production rose by 3.4%. As for the significant difference, the Office points out that it is due to the fact that there were two more […]

Industrial Production Up on Pandemic Base

D&T
May 6, 2022

In March 2022, the volume of industrial production grew by 3.6% year-on-year. Based on working-day adjusted data production rose by 4.2%. However, according to seasonally and working-day adjusted data industrial output was 0.1% lower than in February 2022. According to a report published by the Central Statistical Office this Friday, the majority of the manufacturing […]

2.6% Industrial Production Growth on Pandemic Low Base

D&T
Oct 13, 2021

In August 2021, the volume of industrial production grew in Hungary by 2.6% year-on-year. Based on working-day adjusted data production rose by 0.6%. The majority of the manufacturing subsections contributed to the growth, the manufacture of electrical equipment grew at the highest rate. As reported by the Central Statistical Office this Wednesday, the manufacture of […]

Hungarian Industrial Production Down by 6.7%

D&T
Mar 5, 2021

In January 2021 the volume of industrial production fell by 6.7% year-on-year. Based on working-day adjusted data production declined by 2.8%, the Central Statistical Office reports. Compared to crude data, the significant difference is due to the fact that there were two less working days in January 2021 than in January 2020. Industrial output was […]

Modest Annual Increase in Industrial Production

D&T
Dec 12, 2020

In October 2020, the volume of industrial production grew by 0.6% year-on-year according to crude data. Based on working-day adjusted data production rose by 2.7%. The growth was 2.8% compared to the previous month according to seasonally and working-day adjusted data. The Central Statistical Office's report also says that industrial output in October this year […]

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