Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Hungary
PRINTO01HUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.14
Year-over-Year Change
36.81%
Date Range
1/1/1980 - 1/1/2023
Summary
This economic indicator measures the production volume of the industrial sector in Hungary, excluding construction. It provides insights into the overall level of economic activity within the country's manufacturing and industrial landscape.
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 Volume: Economic Activity: Industry (Except Construction) for Hungary is a key metric used by economists and policymakers to assess the health and performance of the nation's industrial sector. It serves as a barometer for broader economic conditions and can inform decision-making around fiscal and monetary policies.
Methodology
The data is collected through surveys of industrial establishments and compiled by the Hungarian Central Statistical Office.
Historical Context
This production volume index is widely referenced by analysts and institutions to evaluate Hungary's industrial output and its implications for the broader economy.
Key Facts
- Hungary's industrial production accounts for over 25% of its GDP.
- The index has a base year of 2015 = 100.
- Production volume data is released monthly by the Hungarian Central Statistical Office.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the production volume of the industrial sector in Hungary, excluding the construction industry. It provides a gauge of overall economic activity within the country's manufacturing and industrial landscape.
Q: Why is this trend relevant for users or analysts?
A: The production volume index is a crucial metric for assessing the health and performance of Hungary's industrial sector, which is a significant driver of the nation's economy. It informs decision-making by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and compiled by the Hungarian Central Statistical Office.
Q: How is this trend used in economic policy?
A: This industrial production index is widely referenced by analysts and institutions to evaluate Hungary's manufacturing output and its implications for the broader economy, which can inform fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The production volume data is released monthly by the Hungarian Central Statistical Office, with minimal update delays. However, the index may be subject to revisions and can be influenced by seasonal and other economic factors.
Related Trends
Credit to Government and State-Owned Enterprises to GDP for Hungary
DDEI08HUA156NWDB
International Trade: Imports: Value (Goods): Total for Hungary
XTIMVA01HUA188S
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Hungary
LFEMTTFEHUA647S
International Merchandise Trade Statistics: Exports: Commodities for Hungary
HUNXTEXVA01CXMLQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Hungary
HUNCPSDCTGYCTGYM
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Hungary
LFEMTTFEHUQ657S
Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Hungary (PRINTO01HUA661N), retrieved from FRED.