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Industrial production drops 5 percent
The volume of industrial production lagged behind the one year earlier level by 5.0% in April 2025, based on working-day adjusted data, declined by 2.3%. Production dropped in the great majority of manufacturing subsections, at the highest rate in the manufacture of electrical equipment. According to seasonally and working-day adjusted data, industrial output was 1.5% higher than in March 2025.
In April 2025 the volume of industrial production decreased by 5.0% compared to the same period of the previous year. (Compared to the April data published in the first estimate, the data in the second estimate did not change.)
Industrial output in April – according to seasonally and working-day adjusted indices – was 1.5% above the level of the previous month.
The volume of industrial export was 3.7% lower than a year earlier. The manufacture of transport equipment export, representing a 32% weight within export sales in manufacturing declined by 5.9%, the manufacture of computer, electronic and optical products export, accounting for a 15% weight, rose by 15.2%.
Domestic sales of industry decreased by 3.3%, those of manufacturing declined by 2.4% compared to the same month of the previous year.
Within industry, production dropped by 5.2% in the decisive weight (96%) representing manufacturing, it fell by 15.5% in the small weight representing mining and quarrying, at the same time output grew by 6.3% in the energy industry (electricity, gas, steam and air-conditioning supply)
Output volume in the largest weight representing manufacture of transport equipment, having a 27% share in manufacturing, decreased by 4.1% compared to the same month of the previous year. Motor vehicles manufacturing declined by 2.1%, the manufacture of parts and accessories for motor vehicles dropped by 7.7%.
The manufacture of computer, electronic and optical products, accounting for 11% within manufacturing output exceeded the level of April 2024 by 3.5%. Considering the two largest groups, the manufacture of electronic components and boards rose by 6.0%, the manufacture of computers and peripheral equipment declined by 1.0%.
The manufacture of electrical equipment, representing a 9.0% weight in manufacturing lagged behind the most among the subsections, by 16.7%, year-on-year. Out of the two largest weight representing groups production volume in the manufacture of batteries and accumulators fell by 16.7%, in the manufacture of electric motors, generators, transformers and electricity distribution and control apparatus dropped by 19.9%.
The manufacture of food products, beverages and tobacco products, having a 13% share in manufacturing, was 4.0% lower than in the same month of the previous year, export sales fell, while domestic sales increased. Processing and preserving meat and the production of meat products, representing the largest weight (23%), declined by 1.9% compared to April of the previous year. Production decreased between 1.5% and 31% in other four groups, too, most of all in the manufacture of vegetable and animal oils and fats. Output increased in the other six groups, at the highest rate, by 37%, in the small weight representing processing and preserving of fish, crustaceans and molluscs, least of all in the manufacture of dairy products, by 3.4%.
Out of the two medium weight representing subsections the manufacture of rubber and plastics products and other non-metallic mineral products declined by 5.5%, the manufacture of basic metals and fabricated metal products, except machinery and equipment dropped by 11.1% year-on-year.
Out of the three expanding subsections the manufacture of coke, and refined petroleum products, accounting for a 3.7% weight within manufacturing, went up to the greatest extent, by 13.7%, sales rose in both directions.
The growth also continued in the manufacture of wood and paper products, and printing: in April the output grew by 1.1% compared to the one a year earlier level, primarily due to an increase in export sales, domestic sales declined.
Industrial output increased in three regions, declined in five, year-on-year. The highest volume growth was observed in Western Transdanubia (7.5%), the most significant decline (16.5%) was registered in the Southern Great Plain.
The volume of total new orders in the observed divisions of manufacturing was 12.2% lower compared to April 2024. New domestic orders rose by 2.4%, new export orders dropped by 14.4%. The total stock of orders at the end of April was below the previous year’s level by 16.2%.
In January–April 2025, compared to the same period of the previous year industrial production decreased by 4.5%. The volume of export sales, representing 63% of all sales declined by 0.9%, domestic sales, accounting for 37% of all sales, fell by 3.1%.
Out of the thirteen manufacturing subsections production declined in nine, to the greatest extent, by 23%, in the manufacture of electrical equipment. The output of the manufacture of transport equipment, the largest subsection, fell by 3.9%. In the other subsections volumes rose between 1.0% and 8.1%, at the highest rate in the manufacture of computer, electronic and optical products.
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