Industrial production increased by 6.4%
The volume of industrial production grew in April 2024 by 6.4% year-on-year, while based on working-day adjusted data, production declined by 2.4%. Compared to crude data, the significant difference is due to the fact that there were three more working-days in this month than in April 2023. According to seasonally and working-day adjusted data, industrial output was 0.7% lower than in March 2024.
The majority of the manufacturing subsections contributed to the production growth. Out of the subsections having the largest weight the manufacture of transport equipment, the manufacture of computer, electronic and optical products, as well as the manufacture of food products, beverages and tobacco products increased year-on-year, at the same time the manufacture of electrical equipment products declined.
In the first four months of the year production was 1.7% lower than in the same period of 2023.
Industrial output– according to seasonally and working-day adjusted indices – was 0.7% below the level of the previous month.
Volume index of industrial production
(%)
| Időszak | Non-adjusted (crude) | From the beginning of the year (crude) | Working-day adjusted | Seasonally and working-day adjusted,previous month = 100.0 | |
|---|---|---|---|---|---|
| corresponding period of the previous year = 100.0 | |||||
| 2023 | April | 91.2 | 95.3 | 94.7 | 98.2 |
| May | 93.1 | 94.8 | 95.4 | 101 | |
| June | 96.9 | 95.2 | 94.1 | 99.5 | |
| July | 97.5 | 95.5 | 97.9 | 102.9 | |
| August | 94.7 | 95.4 | 92.9 | 96.5 | |
| September | 92.7 | 95.1 | 93.9 | 101.7 | |
| October | 96.8 | 95.2 | 97.9 | 100.1 | |
| November | 94.5 | 95.2 | 94.8 | 97.3 | |
| December | 86.3 | 94.5 | 92.5 | 100.5 | |
| 2024 | January | 96.8 | 96.8 | 96.4 | 99.2 |
| February | 102.3 | 99.5 | 101.8 | 103.3 | |
| March | 89.6 | 95.9 | 96.9 | 96.9 | |
| April | 106.4 | 98.3 | 97.6 | 99.3 | |