The Automotive Industry and Battery Production Recovered a Bit in May, Everything Else in Hungarian Industry Is Falling
6 Articles
6 Articles
The Hungarian Central Statistical Office (KSH) has published more detailed data on industrial production for May. The end of the slump is still not in sight.
Almost the same percentage decline in production was recorded in May in Slovakia and Belgium, by 2.8 and 2.7 percent respectively, according to Eurostat data.
Industrial production decreased by 2.6% compared to a year earlier and by 1.3% compared to the previous month, the Central Statistical Office (KSH) announced.
Industrial production in our southern neighbors has not grown for 13 months in a row
In its second data release on Tuesday, the Central Statistical Office confirmed the previously announced May industrial data: industrial output fell by 2.6 percent year-on-year, by 1.3 percent compared to April. After April, which brought a slight increase, this was another disappointing figure, reaching only 93.3 percent of the monthly average of industrial output in 2021 - we have only seen worse than this twice in the last five years, this in…
Industrial production decreased in the first five months of 2025 by 2.8% on the basis of the industrial losses recorded by the processing industry (minus...
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