Hungary Records Largest Wage Increase in the Last Decade A recent study shows that Hungary has seen the biggest wage increase in the last ten years, reports Világgazdaság. In... 2024.03.14.
OECD Report Confirms Hungary’s Sustainable Growth Prospects Secretary-General of OECD, Mathias Cormann The Hungarian economy is poised to return to a sustainable growth trajectory this year, the... 2024.03.07.
Tourism Sector’s Growth Fuels Economic Recovery In January 2024, the tourism accommodation sector experienced remarkable growth, with turnover increasing by 11%. This performance exceeded the pre-war... 2024.02.28.
Economy Outperforms EU Average by 5% Minister of Finance Mihály Varga announced on his Facebook page that despite the negative external effects, the Hungarian economy grew... 2024.02.14.
Economic Analyst Warns against Austerity Measures It would be a mistake to reintroduce austerity measures that have already failed miserably and proven to be ineffective, as... 2024.02.06.
Hungary’s Economic Growth Could Lead the EU Ranking, Says Finance Minister According to the European Commission's latest assessment, Hungary could be at the top of the EU's economic growth ranking this... 2024.01.17.
The Construction Sector is Close to Recovery in 2024 Amid increased credit activity and the unlocking of EU funds, the construction sector appears poised for a potential resurgence in... 2024.01.15.
Government to Focus On Fortifying the Pillars of Economic Growth The Hungarian government is committed to achieving economic growth exceeding four percent in the current year, with a focus on... 2024.01.11.
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.
Minister of National Economy Forecasts Inflation between 5-6% in 2024 Economic growth could be around four percent this year after the recovery from the recession began last year, Minister of... 2024.01.04.
Outgoing President of the Fiscal Council Describes 2023 as a Weak Year Adjusting this year's deficit target to 5.2 percent was inevitable, and it is possible that the budget deficit will end... 2023.12.28.
Hungarian Economy Forecasts Growth in 2024 In a recent statement, László Parragh, President of the Hungarian Chamber of Commerce and Industry (MKIK), expressed optimism about the... 2023.12.27.
Türkiye is an Important Strategic Partner in the Defense Industry Hungarian Defense Minister Kristóf Szalay-Bobrovniczky and Turkish Industry and Technology Minister Mehmet Fatih Kacır Continuing to build and strengthen the... 2023.11.24.
Cooperation with China Is a Great Opportunity, Says Minister Szijjártó The European Union should choose the path of civilized cooperation with China instead of hostility, said Minister of Foreign Affairs... 2023.11.17.
Economic Growth Could Reach 3-4 Percent in 2024 The outlook for the Hungarian economy is favorable, returning to dynamic growth next year, the Minister of Finance said at an... 2023.11.17.
Nearly HUF 3 Billion Automotive Supplier Development Program Launched A nearly HUF 3 billion (EUR 8 million) automotive supplier development program is being launched to increase the share of domestic suppliers,... 2023.11.16.
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.
Fitch Ratings Forecasts Stable Economic Growth in Hungary Next Year Fitch projects that the Hungarian economy will grow steadily from next year, expecting it to help reduce the public debt... 2023.10.09.
Economic Outlook for the Future Is Positive due to Automotive Sector Based on a report by the European Bank for Reconstruction and Development (EBRD), Oeconomus points out in its analysis that... 2023.10.05.
Europe Pays Seven Times as Much for Natural Gas as the U.S. “Hungary's economic outlook is positive despite the negative European environment. Hungary has benefited a lot from the strategy that has... 2023.10.04.
Inflation Expected to Slow to 7-8 Percent by the End of the Year The consumer price index will fall to 7-8 percent by the end of the year, and the disinflationary impact will... 2023.09.29.
