The working day–adjusted index matched the raw figure, indicating the drop was not due to calendar effects. On a monthly basis, output fell 1.2% compared to May, based on seasonally and working day–adjusted data.
The contraction affected most manufacturing subsectors, with some notable exceptions. Modest increases were recorded in the production of food products, beverages, and tobacco; computer, electronic, and optical products; and electrical equipment.
However, these gains were offset by a significant decline in the manufacture of transport equipment, one of the largest contributors to industrial output.
In the January–June period, overall industrial production was down 3.9% compared to the first half of 2024.
According to KSH, industrial output—based on seasonally and working day–adjusted indices—was 1.2% lower in June than in the previous month.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
