Hungary Annual Inflation Hits 21-Year Record in April Consumer prices in Hungary grew by an annual 9.5 percent in April, up from 8.5 percent in the previous month,... 2022.05.10.
Steep Price Increase: Inflation of Groceries around 20% The inflation rate of groceries is certainly surpassing the official inflation data. Two recent analyses detected an inflation rate exceeding... 2022.05.09.
Budget Deficit Reaches Record Level at End-April Hungary's cash flow-based budget deficit, excluding local councils, reached 2,635.6 billion forints (EUR 6.9bn) at the end of April, the... 2022.05.09.
Hungary Trade Balance Breaks a Two-Decade Deficit Record Hungary's trade balance showed a 503 million euro deficit in March, the Central Statistical Office (KSH) said in a first... 2022.05.09.
Trade Min: Govt Ready to Protect Economic Achievements The coming decade is expected to bring further crises, as did the past twelve years, and the government is ready... 2022.05.09.
How Viable Would a Russian Oil Embargo Be in Hungary? Analysts differ in their answers regarding how manageable an embargo on Hungary’s supply of Russian oil would be in the... 2022.05.06.
Industrial Output Up 3.6% in March Industrial output in Hungary grew by an annual 3.6 percent in March, the Central Statistical Office (KSH) said in a... 2022.05.06.
OTP Bank CEO Csányi: Relations with EU Should Be Restored "I would try to restore the relationship with the European Union. Hungary is in great need of these funds, which... 2022.05.05.
New Home Building in Hungary Remains Strong in First Quarter The number of home building permits issued in Hungary rose by an annual 15.2 percent to 8,001 in the first... 2022.05.05.
Hundreds of Hungarian Bakeries May Close Due to Production Costs Rising production costs must be built into the consumer prices of Hungary's bakeries, otherwise up to 400-500 may be forced... 2022.05.05.
Guest Nights Jump Almost 470% in March from Low Pandemic Base Guest nights at commercial accommodations in Hungary soared 464 percent year-on-year to 1,427,000 in March, rising from a low base... 2022.05.05.
CoE: Further Regulations Needed for Virtual Currencies in Hungary Moneyval, the Council of Europe's expert body against money laundering, called for stricter regulations for virtual currencies in a report... 2022.05.04.
Hungary March Retail Sales up 16.2% Retail sales in March grew by an annual 16.2 percent from a low base, the Central Statistical Office (KSH) said... 2022.05.04.
Average Wage in 87% of Municipalities Fails to Reach Nat’l Average, GKI Says In 2020, the average net wage was only HUF 210,585 (EUR 551), about HUF 58,000 lower than reported by the... 2022.05.03.
Small Gas Stations Sue Hungary in Strasbourg over Price Freeze The extended price cap could lead to the mass closure of smaller, mostly family-run gas stations that have been operating... 2022.05.03.
Survey: Inflation to Take Away Most Wage Gains This Year While some 61% of Hungarian workers received a pay hike this year, most received a maximum of 10%, meaning that... 2022.05.02.
Hungary Trade Balance Shows EUR 117 Million Deficit in February Hungary's trade balance showed a 117 million euro deficit in February, the Central Statistical Office (KSH) confirmed in a second... 2022.05.02.
Hungary Close to Full Employment, but with Large Regional Differences Hungary is very close to full employment, ING Bank's senior analyst Péter Virovácz told pro-government economic news site, Világgazdaság. However,... 2022.05.02.
FinMin: Economy Still on Growth Path, With Deficit, Debt Shrinking The next four years are likely to see high growth coupled with a gradual tapering in public debt and budget... 2022.04.30.
Last Stretch of Metro 3 Reconstruction Gets Under Way in May Another three refurbished stations of Budapest's Metro 3 will open on May 14, the Budapest Public Transport Centre (BKK) said... 2022.04.29.
Hungary’s Lightning Company Tungsram Announces Mass Layoffs Renowned Hungarian lighting company Tungsram will lay off 1,600 people – more than half of its total workforce- by year's... 2022.04.28.
