October Manufacturing Insights: Vehicle Production and Electrical Equipment Grows In October, production volumes witnessed an increase in vehicle manufacturing and the production of electrical equipment. However, several manufacturing sub-sectors... 2023.12.13.
Inflation Falls to 7.9 Percent In November 2023 consumer prices were 7.9% higher on average than a year earlier. Compared with October, prices generally remained... 2023.12.08.
73 Percent of Hungarians Think Joining the EU Was a Good Thing A recent survey, Parlameter 2023, conducted by the European Parliament, reveals ongoing support for the EU among citizens. The upcoming... 2023.12.08.
Monetary Council Cuts Base Interest Rate At their November meeting, the Monetary Council of the Hungarian National Bank (MNB) decided to cut the base rate by... 2023.12.07.
Foreigners’ Propensity to Buy Housing at a Five-Year High Thanks to the opportunities offered by the northern and eastern border regions and Transdanubia - commuting and old-age resettlement -... 2023.12.01.
Positive Changes in the Rate of National Population Decline Based on preliminary data, 7,089 children were born and 10,706 people died in October, reports Magyar Nemzet. Compared to October... 2023.12.01.
Number of Registered Jobseekers at an All-time Low Data from the National Employment Service (NFSZ) shows that in November 2023, despite the difficult economic situation, there were only... 2023.11.30.
Recession Is Over: Economic Performance Improves In the third quarter of 2023, Hungary's GDP declined by 0.4 percent based on raw data and by 0.3 percent... 2023.11.15.
Tourism in Autumn Brings Record-breaking Figures Budapest was among the most popular destinations in Hungary this September. In September, international guests from 226 countries spent 1.8... 2023.11.09.
Hospitality Sector Expected to See the Smallest Price Increase in the Coming Period A long-standing negative trend was broken in October by the Tourism Climate Index (TCI) for accommodation services, showing a significant... 2023.11.09.
Chinese BYD May Set Up Its First European Car Plant in Hungary Market speculation appears to be confirmed that Chinese electric car maker BYD may indeed build its first European car plant... 2023.11.06.
Pest County among the European Leaders in Commuting Cheaper housing attracts people to move, and property prices are rising - a classic pattern that seems to have been... 2023.11.03.
German Economic Recovery Also Good News for Hungary Contrary to expectations, Germany's business sentiment index, measured by the ifo Institute for Economic Research at the University of Munich,... 2023.10.26.
Number of Foreigners Settling in Hungary Has Increased over the Past Decade Lake Balaton is a very popular destination for Germans In ten years, the number of foreigners living in Hungary has... 2023.10.24.
Year-on-year Consumer Prices Increased by 12.2% in September Consumer prices increased by an average of 12.2 percent in September compared to the same month of the previous year,... 2023.10.11.
Tourism Remains the Sector Most Resistant to the Economic Slowdown in September In September 2023, the Tourism Business Cycle Index stood at -3 (on a scale of -100 to +100), indicating that... 2023.10.11.
Hungarian Budget Closes September with a Surplus The protracted war between Russia and Ukraine and the sanctions policy in Brussels have led to an unfavorable global economic... 2023.10.10.
The Latest Employment Statistics Published The number of those unemployed in August 2023, was 195,000, while the unemployment rate was 4.0%, the Hungarian Central Statistical... 2023.10.02.
Shortage of Skilled IT Professionals Reflected in EU Average Hungary ranks 22nd in the EU's Digital Economy and Society Index (DESI), measuring the digital maturity of EU Member States,... 2023.09.21.
Survey Shows Career Starters Plan to Work at Least Five Years at a Job In Hungary, more than 45 percent of 18-25 year-olds plan to work for five or more years in one job,... 2023.07.04.
Hungary to Move Up in EU Innovation Ranking The European Commission's 2023 Innovation Scoreboard has moved us from fourth to third place - with Budapest and its region... 2023.06.28.
