KSH: industrial production stagnated in March
In March 2025, the volume of industrial production remained at the same level as the same month of the previous year, while adjusted for working day effects, it fell by 5.4 percent from a year earlier – the Central Statistical Office (KSH) reported on Thursday, based on its first estimate.
The significant difference compared to the raw data is caused by the fact that there were two more working days in this month than in March 2024 – the report added.
Based on seasonally and working day adjusted data, industrial output was 0.1 percent higher than in February.
The volume of production decreased in most of the manufacturing sub-sectors compared to the same month of the previous year. Of the sub-sectors with the largest weight, vehicle manufacturing, computer, electronic and optical product manufacturing, and food, beverage and tobacco product manufacturing expanded compared to a year earlier, while the production of electrical equipment declined.
Industrial production in the first three months of the year was 4.4 percent lower than in the same period in 2024.
Related news
KSH: Economic performance stagnated in the first quarter of 2025 compared to the first quarter of 2024
The volume of Hungary’s gross domestic product stagnated in the…
Read more >GKI analysis: Hungarian industrial production decreased further
The volume of Hungarian industrial production declined for the second…
Read more >Green pea foreign trade balance is positive
According to KSH data, the green pea harvest in Hungary…
Read more >Related news
Producer prices in the euro area and the European Union decreased month-on-month and increased year-on-year in April
Producer prices in the eurozone and the European Union (EU)…
Read more >The 2024 FMCG Retailer Ranking is out now
Everything remains the same: Lidl, SPAR and Tesco are the…
Read more >