Hungary Ranks Fifth in Rail Coverage in the EU Rail infrastructure serves as a cornerstone for economic development and connectivity, akin to the vascular system sustaining the human body,... 2024.02.21.
Statistical Office Develops More Accurate Way to Measure Inflation Inflation calculations play a critical role in understanding the economic landscape of any country, and Hungary is no exception. The... 2024.02.19.
Trust in the Romanian Government Low among Hungarians in Transylvania Sándor Tamás, President of the Democratic Alliance of Hungarians in Romania (RMDSZ) in Háromszék (Covasna), and sociologist Gergő Barna presented... 2024.02.16.
Minister of National Economy Says Slowdown in GDP is Temporary In the last quarter of 2023, the Hungarian economy faced challenges with a modest year-on-year growth of 0.4% and stagnation... 2024.02.14.
Economy Outperforms EU Average by 5% Minister of Finance Mihály Varga announced on his Facebook page that despite the negative external effects, the Hungarian economy grew... 2024.02.14.
Hungary Tops EU Ranking in Marriage Rates Although, in line with European trends, fewer people are married in Hungary than a decade ago, but the number of... 2024.02.14.
Analysts’ Insights on Current Economic Landscape Inflation may have fallen into the National Bank's tolerance band for the first time in almost three years in January,... 2024.02.08.
German Economic Slowdown Impacts Hungarian Exports Hungary's foreign trade is affected by the weakness of the German economy, as exports have been falling for months. New... 2024.02.07.
Employment and Real Incomes Surged in Q4 of 2023 Employment in Hungary saw significant strengthening throughout 2023, marking a turnaround from previous declines in real incomes. This positive trajectory... 2024.02.06.
Record-Breaking Wheat and Soy Production in 2023 "We set a new record last year. The total amount of agricultural subsidies successfully applied for and paid out exceeded... 2024.02.02.
More Hungarians Return to the Country than Leave, Study Finds Although the free movement of workers has been a fundamental principle of the European Union since its foundation, it has... 2024.01.30.
Study Exposes Massive Financial Losses due to Counterfeiting In Hungary, counterfeiting has incurred a cost of EUR 189 million in lost income and has led to the loss... 2024.01.29.
Inflation Could Fall More Sharply than Expected in January Another surprise in the inflation data cannot be ruled out after December. Consumer prices rose by 5.5% in the last... 2024.01.29.
Employment Rate at Historic High at over 4 Million The employment rate in Hungary remains at a historic high, with 4.755 million people employed in the autumn months of... 2024.01.22.
Inflation in Hungary Lowest among Visegrad 4 Countries The end of 2023 was much better than expected in terms of inflation. Not only did domestic inflation end up... 2024.01.18.
Average Hotel Booking Prices Increased by 17% in 2023 According to Szallas.hu statistics, the average per capita booking price per night in 2023 was HUF 13,000 (EUR 34), marking... 2024.01.17.
Fuel Consumption Fell By 15.7 Percent Last Year Last year, 11.1 percent less petrol and 18.4 percent less diesel were consumed in Hungary than in 2022. The fuel... 2024.01.16.
The Construction Sector is Close to Recovery in 2024 Amid increased credit activity and the unlocking of EU funds, the construction sector appears poised for a potential resurgence in... 2024.01.15.
Further Reductions in Deficit and Public Debt Announced In the challenging backdrop of war, energy sanctions, and a volatile global economic scenario, the Hungarian budget faced considerable strain... 2024.01.10.
Number of Jobseekers Reaches Record Low since 1989 The number of registered jobseekers is at its lowest since the 1989 regime change. Last year, the National Employment Service... 2024.01.10.
Signals of Recovery in Hungarian Industrial Production The war and sanctions have inflicted substantial damage on the economy, contributing to a 5.8% year-on-year decline in industrial production... 2024.01.09.
