Hungary industrial production


Hungary industrial production: -5.2 (-181.25%)
Last Update: May 31, 2024

Hungary industrial production closed down -5.2 as of May 31, 2024 from 6.4 from the previous month and -6.9 from last year.


Hungary industrial production Analytics & Data




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Hungary industrial production

DateValues
2024-05-31 -5.2
2024-04-30 6.4
2024-03-31 -10.4
2024-02-29 2.3
2024-01-31 -3.2
2023-12-31 -13.7
2023-11-30 -5.5
2023-10-31 -3.2
2023-09-30 -7.3
2023-08-31 -5.3
2023-07-31 -2.5
2023-06-30 -3.1
2023-05-31 -6.9
2023-04-30 -8.8
2023-03-31 -4.1
2023-02-28 -5.3
2023-01-31 -0.7
2022-12-31 3
2022-11-30 1.1
2022-10-31 6.3
2022-09-30 12.3
2022-08-31 13.9
2022-07-31 4.2
2022-06-30 1.1

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Hungary industrial production Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
industrial productionhu.indproduction-5.26.4-181-25DownUP822024-05-31

Hungary industrial production Factors

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Hungary industrial production Historical Data

The MacroVar database offers free access to historical data for the Hungary industrial production, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Hungary industrial production data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Hungary industrial production

Hungary industrial production refers to the output of goods and services in the manufacturing sector of the Hungarian economy. This includes the production of machinery, vehicles, electronics, and other manufactured products. Industrial production is a key driver of economic growth and development in Hungary, as it creates jobs, generates income, and contributes to overall economic output. The performance of the industrial sector is closely monitored by policymakers and economists as an indicator of the country's economic health and competitiveness in the global market. fluctuations in industrial production can have significant impacts on the overall economy, influencing factors such as employment rates, inflation, and investment.