Production: Industry: Total Industry Excluding Construction for Hungary
HUNPRINTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.27
Year-over-Year Change
2.54%
Date Range
2/1/1985 - 5/1/2025
Summary
The 'Production: Industry: Total Industry Excluding Construction for Hungary' series measures the monthly industrial production index in Hungary, excluding the construction sector. This metric is a key indicator of the overall health and performance of the Hungarian economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The industrial production index tracks changes in the volume of industrial output, providing insights into the strength and direction of the manufacturing and mining sectors. Excluding construction helps isolate broader industrial trends, making this series a valuable tool for economic analysis and policymaking.
Methodology
The data is collected and calculated by the Hungarian Central Statistical Office using survey responses from industrial establishments.
Historical Context
Policymakers and analysts use this index to assess the state of the Hungarian economy and inform decisions on fiscal, monetary, and industrial policies.
Key Facts
- Hungary's industrial production index excludes the construction sector.
- The index is published monthly by the Hungarian Central Statistical Office.
- Industrial production is a key driver of economic growth in Hungary.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Industry: Total Industry Excluding Construction for Hungary' series measures the monthly industrial production index in Hungary, excluding the construction sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and performance of the Hungarian economy, providing insights into the strength and direction of the manufacturing and mining sectors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Hungarian Central Statistical Office using survey responses from industrial establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the state of the Hungarian economy and inform decisions on fiscal, monetary, and industrial policies.
Q: Are there update delays or limitations?
A: The index is published monthly, providing timely data on the performance of Hungary's industrial sector.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Hungary (HUNPRINTO01GPSAM), retrieved from FRED.