Hungary's industrial production increased slightly in March, after falling in the previous two months, defying economists' forecast for a decline, preliminary data released by the Central Statistical Office showed Tuesday.
Industrial production advanced a working-day adjusted 0.6 percent year-on-year in March, recovering from February's revised 3.5 percent decrease. In January, industrial output dropped 1.6 percent annually. Economists expected output to edge down by 0.1 percent in March.
On an unadjusted basis, production decreased 1.6 percent in March, after rising 0.8 percent in the previous month, the agency said.
On a monthly basis, industrial output moved up a seasonally adjusted 0.6 percent in March, reversing the previous month's 0.2 percent decline. In the January-March period, Hungary's industrial output dropped 0.1 percent from the corresponding period a year earlier.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.