Volume change in industrial production in the Member States of the European Union, February 2025
Released: 17 April 2025
Industrial production volume, based on calendar adjusted data, increased by 0.6% in February 2025 in the member states of the European Union, year-on-year. Industrial output was higher in about half of the member states compared to a year earlier, the highest growth being registered in Ireland (38.8%).
Industrial production volume, based on calendar adjusted data was 8.0% lower in Hungary in February 2025 compared to the same period of the previous year.1 Considering the Visegrad countries’ group, industrial production increased by 1.6% in Czechia, by 1.2% in Poland, and lessened by 1.4% in Slovakia.
Industrial output decreased by 1.3% in Hungary compared to the previous month, while grew in the EU as a whole by 1.0%. Our country is in the mid-third among the member states with decreasing industrial output.
The volume of industrial production in Hungary, according to unadjusted data, lagged behind the one year earlier level by 8.7% in February 2025. Production volume fell in all manufacturing subsections, in the largest degree, by 24%, in the manufacture of electrical equipment. Output in the largest weigh representing manufacture of transport equipment was 10.4% lower year-on-year. Among the larges weight carrying subsections the performance of food industry lessened by 5.8%, that of the electronics industry fell least of all, by 0.6%. Volume decreases between 2.5% – 15.8% occurred in the other subsections.
According to the prognosis of Trading Economics Hungary’s industrial production will increase in the 2nd–4th quarters of 2025, quarterly by 2.8%–3.8%, year-on-year.
Table 1
Volume of industrial production in the member states of the European Union, February 2025
Territorial units
% change compared with
year 2021a)
the previous montha)
the same month of the previous yearb)
European Union average
–0.8
1.0
0.6
Euro area
–2.1
1.1
1.2
Belgium
–8.5
7.4
3.1
Bulgaria
–4.2
–0.7
–4.7
Czechia
1.1
1.7
1.6
Denmark
26.5
5.4
–3.5
Germany
–8.8
–0.9
–3.7
Estonia
–9.1
5.7
2.4
Ireland
20.1
10.8
38.8
Greece
8.4
–3.6
–0.2
Spain
1.3
0.9
–1.7
France
1.0
0.7
–0.3
Croatia
1.6
–3.9
5.4
Italy
–6.9
–0.9
–2.7
Cyprus
11.3
0.8
6.6
Latvia
–4.2
1.2
3.1
Lithuania
10.6
–1.6
9.1
Luxembourg
–2.6
6.3
6.6
Hungary
–7.1
–1.3
–8.0
Malta
14.2
3.8
5.8
Netherlands
2.3
1.6
2.1
Austria
3.0
–0.3
1.0
Poland
10.7
0.0
1.2
Portugal
1.4
4.8
0.6
Romania
–4.2
–2.1
–3.4
Slovenia
–5.3
–1.6
–2.4
Slovakia
–1.6
5.2
–1.4
Finland
–0.3
–0.9
–2.3
Sweden
0.4
–0.4
–1.4
a) Calendar and seasonally adjusted.
b) Calendar adjusted.
Source: Euro indicators – Industrial production, February 2025 (15 April 2025)
Figure 1
Figure 2
Footnotes
-
Due to methodological differences data on industrial production volume change in the First release of the Hungarian Central Statistical Office entitled Industry (second estimate) may differ from those published by Eurostat. In Hungary according to the Hungarian methodology in February the calendar adjusted volume of industrial production decreased by 8.0% compared to the same month of the previous year, by 1.3% seasonally and calendar adjusted compared to the previous month, in both cases in line with the data published by Eurostat. ↩
Released: 17 April 2025
Industrial production volume, based on calendar adjusted data, increased by 0.6% in February 2025 in the member states of the European Union, year-on-year. Industrial output was higher in about half of the member states compared to a year earlier, the highest growth being registered in Ireland (38.8%).
Industrial production volume, based on calendar adjusted data was 8.0% lower in Hungary in February 2025 compared to the same period of the previous year.1 Considering the Visegrad countries’ group, industrial production increased by 1.6% in Czechia, by 1.2% in Poland, and lessened by 1.4% in Slovakia.
Industrial output decreased by 1.3% in Hungary compared to the previous month, while grew in the EU as a whole by 1.0%. Our country is in the mid-third among the member states with decreasing industrial output.
The volume of industrial production in Hungary, according to unadjusted data, lagged behind the one year earlier level by 8.7% in February 2025. Production volume fell in all manufacturing subsections, in the largest degree, by 24%, in the manufacture of electrical equipment. Output in the largest weigh representing manufacture of transport equipment was 10.4% lower year-on-year. Among the larges weight carrying subsections the performance of food industry lessened by 5.8%, that of the electronics industry fell least of all, by 0.6%. Volume decreases between 2.5% – 15.8% occurred in the other subsections.
According to the prognosis of Trading Economics Hungary’s industrial production will increase in the 2nd–4th quarters of 2025, quarterly by 2.8%–3.8%, year-on-year.
Volume of industrial production in the member states of the European Union, February 2025
| Territorial units | % change compared with | ||
|---|---|---|---|
| year 2021a) | the previous montha) | the same month of the previous yearb) | |
| European Union average | –0.8 | 1.0 | 0.6 |
| Euro area | –2.1 | 1.1 | 1.2 |
| Belgium | –8.5 | 7.4 | 3.1 |
| Bulgaria | –4.2 | –0.7 | –4.7 |
| Czechia | 1.1 | 1.7 | 1.6 |
| Denmark | 26.5 | 5.4 | –3.5 |
| Germany | –8.8 | –0.9 | –3.7 |
| Estonia | –9.1 | 5.7 | 2.4 |
| Ireland | 20.1 | 10.8 | 38.8 |
| Greece | 8.4 | –3.6 | –0.2 |
| Spain | 1.3 | 0.9 | –1.7 |
| France | 1.0 | 0.7 | –0.3 |
| Croatia | 1.6 | –3.9 | 5.4 |
| Italy | –6.9 | –0.9 | –2.7 |
| Cyprus | 11.3 | 0.8 | 6.6 |
| Latvia | –4.2 | 1.2 | 3.1 |
| Lithuania | 10.6 | –1.6 | 9.1 |
| Luxembourg | –2.6 | 6.3 | 6.6 |
| Hungary | –7.1 | –1.3 | –8.0 |
| Malta | 14.2 | 3.8 | 5.8 |
| Netherlands | 2.3 | 1.6 | 2.1 |
| Austria | 3.0 | –0.3 | 1.0 |
| Poland | 10.7 | 0.0 | 1.2 |
| Portugal | 1.4 | 4.8 | 0.6 |
| Romania | –4.2 | –2.1 | –3.4 |
| Slovenia | –5.3 | –1.6 | –2.4 |
| Slovakia | –1.6 | 5.2 | –1.4 |
| Finland | –0.3 | –0.9 | –2.3 |
| Sweden | 0.4 | –0.4 | –1.4 |
b) Calendar adjusted.
Source: Euro indicators – Industrial production, February 2025 (15 April 2025)
Footnotes
-
Due to methodological differences data on industrial production volume change in the First release of the Hungarian Central Statistical Office entitled Industry (second estimate) may differ from those published by Eurostat. In Hungary according to the Hungarian methodology in February the calendar adjusted volume of industrial production decreased by 8.0% compared to the same month of the previous year, by 1.3% seasonally and calendar adjusted compared to the previous month, in both cases in line with the data published by Eurostat. ↩