National Bank Revises Inflation Outlook The Hungarian National Bank (MNB) anticipates inflation at 3.1% in September, with a gradual increase expected for the rest of... 2024.09.27.
Average Earnings for Full-Time Employees Rise in July 2024 In July 2024, the average gross earnings of full-time employees were HUF 636,700 (EUR 1,750), while the average net earnings... 2024.09.24.
Rising Demand for Heated Tobacco as Traditional Cigarette Sales Decline In recent years, Hungary has seen a significant shift in tobacco consumption trends, with heated tobacco products rapidly gaining popularity... 2024.09.23.
Price Monitoring System Saves Households Millions The Hungarian Competition Authority (GVH) launched an online price monitoring system in July 2023 to help combat food price inflation.... 2024.09.05.
June’s Trade Surplus Hits EUR 1.1B In June 2024, Hungary's exports fell by 8.1% and imports by 5.2% compared to the same period last year, resulting... 2024.09.02.
Tourism Sector Hits Record Highs with July Surge In July tourism saw unprecedented success, with nearly 2.4 million visitors utilizing accommodation services, marking a 4.1% increase from last... 2024.08.29.
Domestic Wages Are Catching up with Czech Salaries The Hungarian wage situation is not as tragic as it is regularly portrayed in the Hungarian press, at least not... 2024.08.16.
Major Sport Events Boost Participation in Physical Activities Major international sporting events like the Olympics can significantly boost sports engagement, not just in the host country but internationally,... 2024.08.13.
July Budgetary Surplus Marks Significant Improvement in Public Finances The Government is enhancing public finances despite external challenges, showing notable progress in budget management and fiscal balance. According to... 2024.08.09.
Food and Service Prices Rise as Energy Costs Fall In July, consumer prices were on average 4.1 percent higher than a year earlier, as reported by the Hungarian Central... 2024.08.08.
Inflation Remains Steady in July, Economic Outlook is Positive In July 2024, the inflation was 4.1 percent annually, matching market expectations and remaining low, according to the Hungarian Central... 2024.08.08.
Effective Minimum Wage in Hungary among the EU Average The Hungarian effective minimum wage is in the midfield in the European Union, the Ministry for National Economy announced. According... 2024.08.07.
1B Export Surplus Despite Trade Slowdown In May, Hungary's trade surplus in goods was EUR 1.0 billion, down EUR 218M from last year, according to the... 2024.08.01.
Statistical Office Reports Surging Salaries in May In May this year, the average gross earnings of full-time employees were HUF 652,000 (EUR 1,657), with average net earnings,... 2024.07.25.
Heatwave Slashes Expected Crop Yields Across Southeastern Europe The European Commission's Joint Research Center (JRC) has issued its July analysis of arable crops, highlighting significant impacts from the... 2024.07.24.
Viktor Orbán Most Suitable PM By a Large Margin – Survey Shows According to a recent Nézőpont Institute survey conducted between July 15 and 17, national conservative Fidesz-KDNP remains the leading party... 2024.07.24.
Hungary Leads EU in Employment Rates for Young Graduates In 2023, the European Union witnessed a significant milestone in the employment landscape for young graduates aged 20-34. With an... 2024.07.11.
Unexpected Fall in Inflation Rate Surprises Analysts Despite analysts' expectations of stagnating inflation, Hungary saw a surprising decrease in the rate of monetary deflation in June, following... 2024.07.10.
Public Opinion Supports EU Focus on Demographic Decline A recent survey by the Mária Kopp Institute for Demography and Families (KINCS) reveals that Hungarians are deeply concerned about... 2024.07.02.
First Quarter 2024 Deficit-to-GDP Ratio Stands at 5.4 Percent According to preliminary data released by the Hungarian Central Statistical Office (KSH) on Tuesday, the government sector recorded a deficit... 2024.07.02.
Central Statistical Office: 6,284 Children Born, 9,501 People Died in May In May 2024, Hungary saw 6,284 births and 9,501 deaths, reflecting an 11 percent decrease in births and a 6.2... 2024.06.27.
