LOGO
LOGO

European Economic News

Decline In Hungarian Industrial Output Eases As Estimated

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Hungary's industrial production decreased at a slower rate in February, in line with the preliminary estimates, data released by the Central Statistical Office showed Friday.

Industrial production, on a working-day adjusted basis, decreased 1.1 percent year-on-year in February, which matched the flash estimates. The rate of fall was, however, slower than the 1.4 percent contraction seen in January.

Month-on-month industrial production edged up 0.3 percent in February, after growing 2.9 percent in the previous month. Output fell by 3.4 percent in the first two months of the year.

On an unadjusted basis, industrial production plunged 5.4 percent annually in February, following February's 1.4 percent decline.

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.

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.