Monetary Aggregates and Their Components: Broad Money and Components: M3 for Hungary
Growth rate same period previous year, Monthly, Seasonally Adjusted
HUNMABMM301GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.29
Year-over-Year Change
29.68%
Date Range
1/1/1991 - 4/1/2025
Summary
This economic trend measures the year-over-year growth rate of Hungary's industrial production on a monthly basis, adjusted for seasonal factors. It provides valuable insights into the pace of the country's manufacturing activity and industrial sector performance.
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 Growth rate same period previous year, Monthly, Seasonally Adjusted metric tracks the annual percent change in Hungary's industrial production index, enabling analysts to assess the broader trends and dynamics within the nation's industrial economy. This indicator is widely used by economists, policymakers, and market participants to gauge the health and trajectory of Hungary's manufacturing sector.
Methodology
The data is collected and calculated by the Hungarian Central Statistical Office based on monthly surveys of industrial enterprises.
Historical Context
This economic indicator is closely monitored by the National Bank of Hungary and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- Hungary's industrial production grew 4.2% year-over-year in June 2022.
- The industrial sector accounts for over 25% of Hungary's GDP.
- This indicator has averaged 3.7% annual growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of Hungary's industrial production on a monthly basis, adjusted for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the pace of Hungary's manufacturing activity and industrial sector performance, which is crucial for assessing the broader health of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Hungarian Central Statistical Office based on monthly surveys of industrial enterprises.
Q: How is this trend used in economic policy?
A: This economic indicator is closely monitored by the National Bank of Hungary and other government agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag of approximately one month and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (HUNMABMM301GYSAM), retrieved from FRED.