Production: Industry: Total Industry Excluding Construction for Hungary
PRINTO01HUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.85
Year-over-Year Change
-209.30%
Date Range
1/1/1986 - 1/1/2025
Summary
This economic trend measures total industrial production in Hungary, excluding the construction sector. It 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 Production: Industry: Total Industry Excluding Construction for Hungary metric tracks changes in the volume of industrial output for the country, providing insight into the broader manufacturing and industrial landscape. This data series is closely monitored by economists and policymakers to assess economic conditions and inform decision-making.
Methodology
The data is collected through surveys of industrial firms and production facilities across Hungary.
Historical Context
Trends in this metric are used to evaluate the state of the Hungarian economy and inform economic and monetary policy decisions.
Key Facts
- Hungary is a major industrial economy in Central Europe.
- The industrial sector accounts for over 25% of Hungary's GDP.
- This metric excludes the construction industry, which is tracked separately.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of industrial production in Hungary, excluding the construction sector. It provides an indicator of the overall health and performance of the Hungarian manufacturing and industrial economy.
Q: Why is this trend relevant for users or analysts?
A: Trends in Hungarian industrial production are closely watched by economists, policymakers, and investors as a key signal of the country's economic conditions and outlook.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and production facilities across Hungary.
Q: How is this trend used in economic policy?
A: Fluctuations in this metric are used by the Hungarian government and central bank to evaluate the state of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting or revisions due to the complexities of surveying a large industrial sector.
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Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Hungary (PRINTO01HUQ659S), retrieved from FRED.