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.
IMF Expects Best GDP Growth in Region for Hungary and Poland As recently as January, the International Monetary Fund (IMF) had assumed that the global economy would recover from the second... 2022.04.21.
Central Bank Points to ‘Strong’ Influence of War on Economic Activity in Inflation Report The National Bank of Hungary (NBH) acknowledged the country's "dynamic" economic growth early in the year, following a record expansion... 2022.03.26.
Hungarians’ Consumer Confidence Plummets Over War in Ukraine After three months of growth, the consumer confidence of Hungarians plummeted to 2021 levels this March, hvg.hu reports in accordance... 2022.03.17.
World Bank Forecasts 5% Hungary Growth in 2022 Hungary's economy is forecast to grow by 5 percent this year, according to the World Bank, which raised its June... 2022.01.12.
Finance Minister: Credit Rating Agencies Upbeat on Hungary’s Economy Hungary ended 2021 with investment grade status from all three major credit rating agencies, Finance Minister Mihály Varga said on... 2022.01.03.
Finance Ministry Targets 5.9% Economic Growth Next Year The finance ministry says it expects the economy will grow by 5.9 percent next year. The 2022 budget law targets... 2021.12.29.
Central Bank Lifts Inflation Forecast for 2021, Lowers GDP Growth Estimate The National Bank of Hungary (MNB) raised its forecast for inflation for this year to 5.1 percent and lowered its... 2021.12.15.
Hungary Marks 25 Years as OECD Member Hungary celebrated the 25th anniversary of its accession to the Organisation for Economic Co-operation and Development (OECD) at an event... 2021.12.01.
Moody’s Upgrades Hungary to Baa2, Outlook Stable Moody's Investors Service upgraded Hungary's sovereign rating to Baa2 from Baa3, with a stable outlook, at a scheduled review on... 2021.09.25.
Finance Ministry Welcomes S+P’s Affirmation of Hungary’s ‘BBB’ Rating The finance ministry has welcomed S+P Global Ratings' affirmation of Hungary's 'BBB' sovereign rating with a stable outlook, calling it... 2021.08.14.
S+P Affirms Hungary ‘BBB’ Rating with Stable Outlook S+P Global Ratings affirmed Hungary's 'BBB' sovereign rating with a stable outlook at a scheduled review on Friday. S+P's analysts... 2021.08.14.
Fitch Affirms Hungary ‘BBB’ Rating; Outlook Stable Fitch Ratings affirmed Hungary's 'BBB' sovereign rating with a stable outlook at a scheduled review on Friday. "The 'BBB' ratings... 2021.07.31.
OECD: Hungary Showing Signs of Strong Growth Speaking at an online press conference presenting the Economic Survey of Hungary 2021, Alvaro Pereira, the OECD's director of country... 2021.07.31.
Finance Minister: Hungary’s Economy Relaunching Faster than in Other EU Countries Brussels has recognised that Hungary's economic relaunch is happening at a faster pace than in the EU countries, Mihály Varga,... 2021.07.14.
Hungarian Forint Hits 10 Month Record, Huge GDP Growth Expected The Hungarian Forint reached a ten month record of 346 to the euro on Tuesday after its value suddenly began... 2021.06.02.
FM Szijjártó at Nanushka London Opening: Hungarian Businesses Crucial The Hungarian fashion label Nanushka opened a store in London on Friday. Speaking at the opening, Péter Szijjártó, the minister... 2021.05.29.
Gov’t Planning Large Deficit for 2022 Election Year Faces Criticism The government submitted the 2022 budget draft on Tuesday with the plan to reduce the budget deficit to 5.9% of... 2021.05.05.
Kopint-Tárki Raises GDP Forecast to 4.5% in 2021 Economic research institute Kopint-Tárki on Wednesday raised its forecast for Hungary's economic growth in 2021 to 4.5 percent from its... 2021.04.07.
Central Bank Head Matolcsy: Hungary Should Follow Estonia’s Example The head of the National Bank of Hungary, György Matolcsy, recently criticized the government's approach towards economic policy, claiming that... 2021.02.23.
Finance Minister Projects 4-5% Economic Growth in 2021 The government projects 4-5 percent economic growth in 2021 thanks to support to be paid for economic recovery this year,... 2021.02.08.
