Volume change in industrial production in the Member States of the European Union, February 2026
Released: 27 April 2026
In February 2026, the volume of industrial production in the European Union decreased by 0.1% compared to the same period of the previous year, according to calendar adjusted data. The largest decrease (17%) was observed in Luxembourg. However, industrial output was higher in most member states than a year earlier, with the largest increases (7.7% and 7.4%, respectively) occurring in Sweden and Belgium.
In February 2026, the volume of industrial production in Hungary, adjusted for calendar effects, was 1.5% lower than in the same period of the previous year1. Regarding the Visegrad countries, industrial output in the Czechia and Poland increased by 1.3% and 0.3%, respectively, and in Slovakia it decreased by 2.9%.
Compared to the previous month, industrial output in Hungary decreased by 1.8%, while industrial output in the EU as a whole increased by 0.4%. Among the member states, Ireland's performance increased the most (5.7%), while Malta's (6.0%) fell the most.
In Hungary, in February 2026, the volume of industrial production remained 1.5% below the previous year, according to unadjusted data. The volume decreased in most of the manufacturing subsections (by 0.1–41.4%), most notably in the areas of coke production and petroleum processing. The volume of vehicle production, which accounts for 26% of manufacturing production, decreased by 4.0%. Of the other two major sub-sectors, the volume of the food industry also decreased (by 0.4%), while the production of computer, electronic and optical products expanded by 24.3% compared to the same period of the previous year. The production of electrical equipment, which accounts for 10% of manufacturing , exceeded the low base level of February 2025 by 12.1%.
According to Trading Economics' forecast2, industrial production in Hungary will increase by 2.8–3.5% per quarter between the second and fourth quarters of 2026 compared to a year earlier.
Table 1
Volume of industrial production in the member states of the European Union, February 2026
Territorial units
% change compared with
year 2021a)
the previous montha)
the same month of the previous yearb)
European Union average
–0.3
0.4
–0.1
Euro area
–2.1
0.4
–0.6
Belgium
–6.4
1.4
7.4
Bulgaria
–11.6
0.9
–8.0
Czechia
3.2
1.3
1.3
Denmark
31.3
–1.6
5.8
Germany
–8.3
–0.1
0.3
Estonia
–8.0
–0.8
–0.5
Ireland
14.9
5.7
–10.0
Greece
16.0
–2.1
1.8
Spain
0.7
0.0
–1.4
France
2.1
–0.8
–0.5
Croatia
2.9
–0.8
1.2
Italy
–6.4
0.1
0.5
Cyprus
13.0
–1.6
0.8
Latvia
–0.4
–1.3
4.0
Lithuania
12.7
1.0
4.7
Luxembourg
–23.6
–4.6
–17.0
Hungary
–7.8
–1.8
–1.5
Malta
15.1
–6.0
–3.4
Netherlands
1.1
–1.4
0.2
Austria
4.2
–0.2
1.1
Poland
12.3
0.2
0.3
Portugal
–2.2
–0.1
–4.0
Romania
–5.8
–0.3
–1.7
Slovenia
–7.8
–0.1
–2.5
Slovakia
–4.0
0.3
–2.9
Finland
4.5
3.3
5.7
Sweden
8.6
3.2
7.7
a) Calendar and seasonally adjusted.
b) Calendar adjusted.
Source: Euro indicators – Industrial production, February 2026. Download date: 15 April 2026.
Figure 1
Figure 2
Footnotes
-
Due to a methodological difference, the data on the change in the volume of industrial production included in the flash report Industry (second estimate) of the Central Statistical Office may differ from those published by Eurostat. In Hungary, according to the domestic methodology, in February – in line with that published by Eurostat – the volume of industrial production adjusted for calendar effects decreased by 1.5% compared to the same month of the previous year, and adjusted for seasonal and calendar effects by 1.8% compared to the previous month. ↩
-
Trading Economics data are available upon registration. ↩
Released: 27 April 2026
In February 2026, the volume of industrial production in the European Union decreased by 0.1% compared to the same period of the previous year, according to calendar adjusted data. The largest decrease (17%) was observed in Luxembourg. However, industrial output was higher in most member states than a year earlier, with the largest increases (7.7% and 7.4%, respectively) occurring in Sweden and Belgium.
In February 2026, the volume of industrial production in Hungary, adjusted for calendar effects, was 1.5% lower than in the same period of the previous year1. Regarding the Visegrad countries, industrial output in the Czechia and Poland increased by 1.3% and 0.3%, respectively, and in Slovakia it decreased by 2.9%.
Compared to the previous month, industrial output in Hungary decreased by 1.8%, while industrial output in the EU as a whole increased by 0.4%. Among the member states, Ireland's performance increased the most (5.7%), while Malta's (6.0%) fell the most.
In Hungary, in February 2026, the volume of industrial production remained 1.5% below the previous year, according to unadjusted data. The volume decreased in most of the manufacturing subsections (by 0.1–41.4%), most notably in the areas of coke production and petroleum processing. The volume of vehicle production, which accounts for 26% of manufacturing production, decreased by 4.0%. Of the other two major sub-sectors, the volume of the food industry also decreased (by 0.4%), while the production of computer, electronic and optical products expanded by 24.3% compared to the same period of the previous year. The production of electrical equipment, which accounts for 10% of manufacturing , exceeded the low base level of February 2025 by 12.1%.
According to Trading Economics' forecast2, industrial production in Hungary will increase by 2.8–3.5% per quarter between the second and fourth quarters of 2026 compared to a year earlier.
Volume of industrial production in the member states of the European Union, February 2026
| Territorial units | % change compared with | ||
|---|---|---|---|
| year 2021a) | the previous montha) | the same month of the previous yearb) | |
| European Union average | –0.3 | 0.4 | –0.1 |
| Euro area | –2.1 | 0.4 | –0.6 |
| Belgium | –6.4 | 1.4 | 7.4 |
| Bulgaria | –11.6 | 0.9 | –8.0 |
| Czechia | 3.2 | 1.3 | 1.3 |
| Denmark | 31.3 | –1.6 | 5.8 |
| Germany | –8.3 | –0.1 | 0.3 |
| Estonia | –8.0 | –0.8 | –0.5 |
| Ireland | 14.9 | 5.7 | –10.0 |
| Greece | 16.0 | –2.1 | 1.8 |
| Spain | 0.7 | 0.0 | –1.4 |
| France | 2.1 | –0.8 | –0.5 |
| Croatia | 2.9 | –0.8 | 1.2 |
| Italy | –6.4 | 0.1 | 0.5 |
| Cyprus | 13.0 | –1.6 | 0.8 |
| Latvia | –0.4 | –1.3 | 4.0 |
| Lithuania | 12.7 | 1.0 | 4.7 |
| Luxembourg | –23.6 | –4.6 | –17.0 |
| Hungary | –7.8 | –1.8 | –1.5 |
| Malta | 15.1 | –6.0 | –3.4 |
| Netherlands | 1.1 | –1.4 | 0.2 |
| Austria | 4.2 | –0.2 | 1.1 |
| Poland | 12.3 | 0.2 | 0.3 |
| Portugal | –2.2 | –0.1 | –4.0 |
| Romania | –5.8 | –0.3 | –1.7 |
| Slovenia | –7.8 | –0.1 | –2.5 |
| Slovakia | –4.0 | 0.3 | –2.9 |
| Finland | 4.5 | 3.3 | 5.7 |
| Sweden | 8.6 | 3.2 | 7.7 |
b) Calendar adjusted.
Source: Euro indicators – Industrial production, February 2026. Download date: 15 April 2026.
Footnotes
-
Due to a methodological difference, the data on the change in the volume of industrial production included in the flash report Industry (second estimate) of the Central Statistical Office may differ from those published by Eurostat. In Hungary, according to the domestic methodology, in February – in line with that published by Eurostat – the volume of industrial production adjusted for calendar effects decreased by 1.5% compared to the same month of the previous year, and adjusted for seasonal and calendar effects by 1.8% compared to the previous month. ↩
-
Trading Economics data are available upon registration. ↩