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.
Job Growth Achieved despite Economic Challenges According to data from the Hungarian Central Statistical Office (KSH), 4.7 million people were employed in Hungary in November, marking... 2024.01.05.
Forint Surges as Report Shows Record Trade Surplus The forint was trading at 380.5 at 8 a.m. on Thursday morning when the Hungarian Central Statistical Office (KSH) released... 2024.01.04.
Foreign Trade Balance Reaches an All-time Record Hungary's foreign trade balance recorded its largest surplus ever in November last year. The Hungarian Central Statistical Office (KSH) reported... 2024.01.04.
Car Market Performs Relatively Well despite a Downturn Although last year high interest rates and rising prices caused many people to postpone their vehicle purchases, the Hungarian car... 2024.01.04.
From Modest to Carefree: Calculating Hungary’s Living Expenses In the latest quarterly poverty survey of the Equilibrium Institute (Egyensúly Intézet), a net monthly income of HUF 250,000 (EUR... 2024.01.02.
Number of Hungarian Workers Decreasing in Austrian Labor Market The number of Hungarians working in Austria has fallen for the fourth month in a row, reports Világgazdaság. It will... 2023.12.19.
