Cars and electronics power industrial rebound

Orbán: Audi is a matter of the heart for us
August 14, 2026

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Cars and electronics power industrial rebound

The volume of industrial production increased by 10.1%, while based on working-day adjusted data, production rose by 4.1%, year-on-year in June 2026. Compared to crude data, the significant difference is due to the fact that there were two more working-days in this month than in June 2025. Production grew in the great majority of the manufacturing subsections. According to seasonally and working-day adjusted data industrial output was 1.4% lower than in May 2026.

The volume of industrial production rose by 10.1% compared to the same period of the previous year. (Compared to the June data published in the first estimate, the data in the second estimate did not change.)

Industrial output – according to seasonally and working-day adjusted indices – was 1.4% below the previous month’s level.

The volume of industrial export was 11.5% higher than a year earlier. The export sales of the manufacture of transport equipment, representing a 32% weight within export sales in manufacturing, grew by 19.6%, while the exports of the manufacture of computer, electronic and optical products, accounting for a 19% weight, went up by 41%.

Domestic sales of industry stagnated, while those of manufacturing declined by 0.6% compared to the same month of the previous year.

Within industry, production increased by 10.8% in the decisive weight (96%) representing manufacturing, grew by 61% in the small weight representing mining and quarrying, and rose by 0.3% in the energy industry (electricity, gas, steam and air-conditioning supply).

Output volume of the manufacture of transport equipment, having the largest weight (27% share) within manufacturing, grew by 21% compared to the same month of the previous year. Motor vehicles manufacturing increased by 41%, the manufacture of parts and accessories for motor vehicles rose by 5.6%.

The manufacture of computer, electronic and optical products, accounting for 15% within manufacturing output, rose – at the highest rate out of the subsections – by 50%. Considering the two largest groups, the manufacture of computers and peripheral equipment went up by 116%, at the same time the manufacture of electronic components and boards declined by 3.2%.

The manufacture of electrical equipment, representing an 8.3% weight in manufacturing, increased by 1.8% year-on-year. Out of the two groups representing the largest weight, production volume in the manufacture of batteries and accumulators declined by 1.3%, while the manufacture of electric motors, generators, transformers and electricity distribution and control grew by 14.6%.

The manufacture of food products, beverages and tobacco products, having a 12% share in manufacturing, was 1.5% lower than in the same month of the previous year; export sales rose, while domestic sales declined. Processing and preserving meat and the production of meat products, representing the largest weight (22%), grew by 1.7% year-on-year. Production increased by between 0.6% and 10.5% in a further six groups, too, least of all in the manufacture of grain mill products, starches and starch products, and to the greatest extent in the manufacture of bakery and farinaceous products. Output decreased by between 2.3% and 29% in the remaining four groups, least of all in the manufacture of dairy products, and most of all in the manufacture of vegetable and animal oils and fats.

Out of the two subsections representing medium weight, the manufacture of rubber and plastics products and other non-metallic mineral products grew by 2.8%, while the manufacture of basic metals and fabricated metal products, except machinery and equipment rose by 8.1% compared to the same month of the previous year.

Contrary to the drop in the previous month the manufacture of machinery and equipment n.e.c. representing a 6.0% weight in manufacturing went up by 26% compared to the same month of 2025. Increases were recorded in the great majority of classes.

Out of the subsections, the manufacture of coke, and refined petroleum products, having a 2.9% share in manufacturing, fell by the largest extent, by 35%, year-on-year; sales fell in both sales directions.

Industrial output increased in six regions and dropped in the remaining two, year-on-year. The highest volume growth was observed in the Northern Great Plain (33%), while the more significant decline (9.6%) was registered in Northern Hungary.

The volume of total new orders in the observed divisions of manufacturing was 23% higher compared to June 2025. New domestic orders increased by 22%, while new export orders grew by 23%. The total stock of orders at the end of June was 48% above the previous year’s level.

In January–June 2026, compared to the same period of the previous year:

Industrial production increased by 2.4%. The volume of export sales, representing 65% of all sales, rose by 2.8%, while domestic sales accounting for 35% of all sales lessened by 2.5%.

Out of the thirteen manufacturing subsections production declined in seven, to the greatest extent, by 27%, in the manufacture of coke, and refined petroleum products. The output in the manufacture of transport equipment, the largest subsection, increased by 3.8%. In the remaining subsections volumes grew by between 2.4% and 29%, at the highest rate in the manufacture of computer, electronic and optical products.

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