Hungary's industrial production declined for the third consecutive month in May, but at a slower pace, final data released by the Central Statistical Office showed Friday.
Gross industrial output fell 0.4 percent year-on-year, after dropping 3.1 percent in April and 1.6 percent in March. In the January-May period, production declined 0.7 percent from a year ago.
On a working-day adjusted basis, industrial production increased 1.9 percent, after falling 3.1 percent in the previous month.
Month-on-month, industrial output grew a seasonal-and-working day adjusted 3.2 percent in May. That followed a 2.3 percent decline in April.
All the figures were left unchanged from their initial estimates released on July 6.
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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.