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.
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.
