Hungary Records Exceptional Q1 GDP Growth but Storm Clouds Already Gathering Hungary's GDP grew by an annual 8.2% in the first quarter of the year, more than most would have expected,... 2022.05.17.
Valley of Arts Festival to Offer over 2,000 Programs near Lake Balaton The Valley of Arts festival organized in the picturesque Kali basin, north of Lake Balaton, will offer more than 2,000... 2022.05.15.
Press Roundup: Birth Rate in Trouble Again A pro-government commentator calls on the government to come up with yet more incentives to boost the birth rate, as... 2022.05.14.
Construction Output Slows to 10.5% in March Hungarian construction sector output grew by an annual 10.5 percent in March, slowing from an increase of 38.5 percent in... 2022.05.14.
Hungary Education Crisis: Growing Shortage of Specialized Teachers The number of teachers teaching subjects which they are not specifically qualified for in schools around Hungary has increased severely... 2022.05.13.
GKI Survey: Hungarians Feel Double the Record-Breaking Inflation Hungarian households felt a 22 percent increase in consumer prices around the country in April, despite real prices increasing by... 2022.05.12.
Hungary Annual Inflation Hits 21-Year Record in April Consumer prices in Hungary grew by an annual 9.5 percent in April, up from 8.5 percent in the previous month,... 2022.05.10.
Hungary Trade Balance Breaks a Two-Decade Deficit Record Hungary's trade balance showed a 503 million euro deficit in March, the Central Statistical Office (KSH) said in a first... 2022.05.09.
Industrial Output Up 3.6% in March Industrial output in Hungary grew by an annual 3.6 percent in March, the Central Statistical Office (KSH) said in a... 2022.05.06.
New Home Building in Hungary Remains Strong in First Quarter The number of home building permits issued in Hungary rose by an annual 15.2 percent to 8,001 in the first... 2022.05.05.
Guest Nights Jump Almost 470% in March from Low Pandemic Base Guest nights at commercial accommodations in Hungary soared 464 percent year-on-year to 1,427,000 in March, rising from a low base... 2022.05.05.
Hungary March Retail Sales up 16.2% Retail sales in March grew by an annual 16.2 percent from a low base, the Central Statistical Office (KSH) said... 2022.05.04.
Average Wage in 87% of Municipalities Fails to Reach Nat’l Average, GKI Says In 2020, the average net wage was only HUF 210,585 (EUR 551), about HUF 58,000 lower than reported by the... 2022.05.03.
Hungary Trade Balance Shows EUR 117 Million Deficit in February Hungary's trade balance showed a 117 million euro deficit in February, the Central Statistical Office (KSH) confirmed in a second... 2022.05.02.
Hungary Close to Full Employment, but with Large Regional Differences Hungary is very close to full employment, ING Bank's senior analyst Péter Virovácz told pro-government economic news site, Világgazdaság. However,... 2022.05.02.
Over 11,000 Deaths, Less Than 7,000 Births in March Preliminary data show that 6,970 children were born and 11,746 people died in March 2022 with the number of live... 2022.04.29.
What is Behind Hungary’s Record Spike in Salaries? Hungarian monthly salaries increased by nearly a third in February compared to the same month of the previous year, according... 2022.04.27.
Average Gross Wages Up Almost 32% in February, says Central Statistical Office The average gross wage of full-time employees in February was 546,000 forints (EUR 1,470), 31.7 percent higher than the same... 2022.04.26.
Hungary Drops on EU List of Net Wage Growth in Euro over Last 12 Years In a euro-based comparison, Hungarian wages did not increase much over the last twelve years. In fact, Hungary slipped further... 2022.04.20.
Park Development in Budapest: Városmajor Is Renewed – Photos! The Városmajor ("City Major"), the huge park in Budapest on the Buda side, which has not been renovated for a... 2022.04.18.
Construction Output up by 42.3%in February, KSH Reports Output of Hungary's construction sector rose by an annual 42.3 percent in February, the highest pace in almost three years,... 2022.04.14.