Central Bank Head Warns of Looming Global Economic Crisis, Urges Structural Changes in Gov’t A new global economic crisis is increasingly likely and the government should start formulating a vision for catching up with... 2021.08.10.
Guest Nights Jump in June on Eased Restrictions The number of guest nights at commercial accommodations in Hungary rose by an annual 57.4 percent to 1,328,000 in June... 2021.08.09.
Domestic Tourism Restored after Stoppage Caused by Coronavirus, says tourism agency head Domestic tourism has been properly restored since the stoppage caused by coronavirus, while the return of international visitors to Hungary... 2021.08.09.
Industrial Output Climbs 22.0 pc in June Hungary's industrial sector increased by an annual 22.0 percent in June, albeit from a low base, the Central Statistical Office... 2021.08.07.
Same Name, Diff. Quality: Food Products Sold in Hungary Differ in Germany and Austria Hungary’s National Food Safety Authority examined various products in Austria, Germany, and Hungary for years in order to determine any... 2021.08.04.
Retail Sales Growth Accelerates to 6.2 % in June Retail sales in Hungary grew by an annual 6.2 percent in June, increasing for the third month in a row... 2021.08.04.
Finance Minister: Hungary’s High Inflation Rate ‘Temporary’ Hungary's current high level of inflation is temporary and, as long as the central bank makes full use of the... 2021.08.03.
Matolcsy: Crisis Can Be Managed Better with Forint than Euro The National Bank of Hungary observes Hungary's 2004 commitment to introduce the European currency, but such a move should only... 2021.08.02.
Govt Official: Hungary Not to Introduce Property Tax Hungary will not comply with a recommendation by the Organisation for Economic Co-operation and Development (OECD) to introduce a general... 2021.07.31.
Fitch Affirms Hungary ‘BBB’ Rating; Outlook Stable Fitch Ratings affirmed Hungary's 'BBB' sovereign rating with a stable outlook at a scheduled review on Friday. "The 'BBB' ratings... 2021.07.31.
OECD: Hungary Showing Signs of Strong Growth Speaking at an online press conference presenting the Economic Survey of Hungary 2021, Alvaro Pereira, the OECD's director of country... 2021.07.31.
Hungary Wages Up 8.2 % in May, says Central Statistical Office Average wages in Hungary grew by an annual 8.2 percent in May, the Central Statistical Office (KSH) said on Friday.... 2021.07.30.
Home Building Permit Issues Climb 22 % in First Half of 2021 The number of home building permits issued in Hungary rose by an annual 22.4 percent to 15,274 in the first... 2021.07.29.
Pandemic Causes Marked Drop in Tourism-Catering in 2020 The coronavirus pandemic and associated restrictions resulted in a marked drop in nearly all areas of tourism and catering last... 2021.07.29.
Central Bank Once Again Raises Base Rate to Deter Highest EU Inflation from Further Increase The Monetary Council of the National Bank of Hungary (NBH) decided for the second time in just over a month... 2021.07.28.
Hungary Unemployment Rate 4% in June, Employment at Historic High Hungary's jobless rate was 4 percent in June, up from 3.9 percent in the previous month, the Central Statistical Office... 2021.07.28.
Central Bank Head: Govt’s Economic Recovery Strategy Over-reliant on ‘Steel and Concrete’ Hungary's sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector... 2021.07.27.
More Proposals Approved to Speed up Economic Recovery, Péter Szijjártó Says The operative board coordinating Hungary's economic recovery approved eight more measures to help restart the economy, Péter Szijjártó, the minister... 2021.07.24.
Stimulus Lifts Budget Deficit to HUF 1,704.5 Bn in June, Ministry Says Hungary's cash flow-based budget deficit, excluding local councils, reached 1,704.5 billion forints (EUR 4.8bn) at the end of June, widening... 2021.07.24.
Chamber of Commerce Proposes Employer’s Right to Mandate Vaccination Just over a week ago, Prime Minister Viktor Orbán announced that health workers will be required to be fully vaccinated.... 2021.07.23.
Liszt Ferenc Airport Cargo Volume Jumps 35.9% in First Half of Year Cargo volume at Liszt Ferenc International airport reached 86,798 tonnes in the first half of the year, up by 35.9... 2021.07.21.