Published on: 13 November 2019

Industrial production increased by 11.1%

In September 2019, the volume of industrial output grew by 11.1% year-on-year. Based on working-day adjusted data, production rose by 9.0%.

In September 2019:

The volume of industrial production increased by 11.1% year-on-year. (Compared to the September data published in the first estimate, the data in the second estimate did not change.)

Industrial output – according to the seasonally and working-day adjusted index – was above the previous month’s level by 3.1%.

The volume of industrial export grew by 16.0% year-on-year. Transport equipment export, representing a 36% weight within export sales in manufacturing, went up by 29%; the export in manufacture of computer, electronic and optical products accounting for an 18% weight rose by 26%.

Industrial domestic sales increased by 7.0%, within it domestic sales in manufacturing were 10.2% higher compared to the same month of the previous year.

Within industry production grew by 11.7% in the decisive weight (96%) representing manufacturing, while it went up by 9.0% in the small weight representing mining and quarrying. The output of energy industry (electricity, gas, steam and air-conditioning supply) fell behind the previous year’s level by 4.7%.

Changes in the production and sales of manufacturing


Period Production Total Domestic Export Share of export in sales at current prices
Volume index, corresponding period of previous year = 100.0
From the beginning of the year106.2107.1108.0106.872.8

The rate of growth accelerated remarkably in the largest weight representing manufacture of transport equipment accounting for 29% of manufacturing: the output exceeded the relatively low production level of the previous year by 22% in September. The volume of motor vehicles manufacturing went up by 32%, at the same time the manufacture of parts and accessories for motor vehicles rose by 13.0%.

The manufacture of computer, electronic and optical products accounting for approximately 14% of manufacturing grew the most, by 26%, among the subsections. Out of the two most significant groups the manufacture of consumer electronics went up by 50%, the manufacture of communication equipment rose by 27%.

The manufacture of food products, beverages and tobacco products providing 11% of manufacturing increased by 10.0% compared to the same month of the previous year, sales grew in both sales directions. Out of the groups the processing and preserving meat and the production of meat products, representing the largest weight (25%) went up by 12.3%, while the manufacture of beverages, the second most significant group rose by 5.8%. The production declined in one group only, in the small weight carrying manufacture of tobacco products (by 9.0%).

The performance of the two medium-weight representing subsections turned out differently: the manufacture of rubber and plastics products, and other non-metallic mineral products grew by 4.0%, at the same time the manufacture of basic metals and fabricated metal products dropped by 1.4%.

Following a decrease in the previous month the manufacture of machinery and equipment n.e.c rose by 5.3%, mainly owing to a remarkable increase in the manufacture of engines and turbines, except aircraft, vehicle and cycle engines having the largest weight among the classes.

The rate of growth slackened in two smaller weight representing subsections, too: the manufacture of electrical equipment went up by 17.6%, while other manufacturing grew by 10.6%.

The manufacture of coke, and refined petroleum products fell at the highest rate, by 9.8%, due to the unfavourable tendency in export sales.

Changes in production in the major subsections of manufacturing, September 2019


Subsections Volume indices of production, corresponding period of the previous year = 100.0 Share of subsection within manufacturing at current prices
code denomination
CAManufacture of food products, beverages and tobacco products110.011.0
CGManufacture of rubber and plastics products, and other non-metallic mineral products104.08.8
CHManufacture of basic metals and fabricated metal products, except machinery and equipment98.67.7
CIManufacture of computer, electronic and optical products126.113.7
CKManufacture of machinery and equipment n.e.c.105.35.4
CLManufacture of transport equipment122.029.3

Industrial production grew in every region compared to the same month of the previous year. The largest volume growth (25%) was recorded in Western Transdanubia; volume increases were measured between 0.9 and 15.7% in the others.

Total new orders volume in the observed divisions of manufacturing grew by 25% compared to the September 2018 data. New domestic orders volume rose by 8.0%, new export orders went up by 28%. The volume of total stock of orders at the end of September was below the previous year’s level by 6.3%.

In January–September 2019, compared to the same period of the previous year:

Industrial production increased by 6.3%. The volume of export sales representing 64% of all sales went up by 7.3%, domestic sales accounting for 36% of all sales grew by 6.5%.

Industrial production rose in every region of Hungary, the largest volume growth was measured in Western Transdanubia (9.4%), the lowest in Northern Hungary (0.4%).