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.
Significant Decline in Poverty among Hungarians According to the latest Eurostat data, 18.4 percent of the population in Hungary was at risk of poverty or social... 2023.06.16.
Starting One’s Own Business Still Popular among Hungarians Entrepreneurship is considered an attractive and socially valued career path in Hungary, and the number of businesses has started to... 2023.06.08.
Monetary Policy Normalization by Central Bank of Hungary in Progress Managing the transition from rate hikes to rate cuts without market shocks is usually a tricky task for central banks.... 2023.05.25.
Healthcare to be a Driving Sector of the Economy GDP data came as a rather pleasant surprise, but were basically close to market expectations. In services, growth was mainly... 2023.05.17.
Inflation to Accelerate Its Decline in Coming Months Inflation in Hungary may have eased for the third consecutive month, according to analysts interviewed by news site Világgazdaság (VG), saying... 2023.05.09.
Record Low in Number of Job Seekers Hungary is a hair's breadth away from full employment - the Ministry of Economic Development said in a statement. According... 2023.05.05.
Hungary Can Meet Conditions for Adopting Euro President of the Fiscal Council Árpád Kovács said on Thursday at the 53rd meeting of delegates of the Fejér County... 2023.05.05.
Prices at Petrol Stations Will Plummet on Friday Fuel prices will fall significantly on Friday. Petrol will cost 10 forints less per litre gross and diesel 18 forints... 2023.05.04.
Employment Figures Among the Romani Population Show Mixed Results Significant progress has been made in recent years in the employment of the Roma population, reported the economy news portal... 2023.03.28.
High Inflation in January Hungarian inflation was 26.2 percent in January, two and a half times higher than the EU average, 24.hu news portal... 2023.02.24.
Despite Inflation, Real Wages Increased in 2022 According to data from the Central Statistics Office, the average gross salary in Hungary was HUF 515,800 (EUR 1,355) in... 2023.02.24.
Hungarian Electricity and Gas Tariffs Still the Lowest in EU Although the gap between Hungarian and European residential electricity and gas prices continued to narrow in January, Hungarian electricity and... 2023.02.17.
Europeans Blame the EU for Energy Crisis by Large Majority, Poll Shows The proportion of Europeans who believe that the energy crisis in the EU is partly the result of the European... 2023.01.12.
Hungarian Public Debt Down More than Expected Public debt has fallen more than expected, and last year's deficit target has been met, Finance Minister Mihály Varga announced... 2023.01.04.
Hungarian Workers’ Wages Are Unequally Rising The economic situation is not easy around the world, but especially in Europe, and Hungary is feeling the effects. An... 2022.12.29.