Positive Forecasts for the Hungarian Economy The European Commission expects Hungarian inflation to fall to 4 percent next year, and the European Bank for Reconstruction and... 2023.05.16.
Economy Will Avoid Recession This Year According to Ministry of Finance Report The Hungarian economy will avoid a recession even in the dangerous international environment, and its performance could increase by 1.5... 2023.05.03.
Think Tank Expects Growth to Accelerate to 3.4 Percent Next Year The economy of Hungary is expected to expand by 0.6 percent this year and by 3.4 percent next year, following... 2023.03.23.
Hungarian Banking System Is Strong, Says Finance Minister The Finance Minister spoke in Cluj-Napoca (Kolozsvár, Romania) on the state and future of the Hungarian economy and banking system.... 2023.03.16.
United States Draining the EU’s Business Potential, Says Expert "The trade war between the European Union and the United States has reached a new level. Joe Biden has said... 2023.03.08.
1.5 Percent Economic Growth Expected This Year The government expects the Hungarian economy to grow by 1.5 percent this year, Finance Minister Mihály Varga said during a... 2023.03.03.
European Union Is Interfering in Economic Competition, Claims Finance Minister EU Commissioner Vera Jourová has been at the center of the political attacks against the Hungarian government recently and is... 2023.02.27.
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.
Government Manages to Decrease Public Debt in Times of Financial Stress According to the latest data from the Central Bank of Hungary (Magyar Nemzeti Bank, MNB), the ratio of public debt... 2023.02.21.
We Will Avoid Recession in 2023, Says Economy Minister Despite the intensified economic challenges, recession should be avoided, and the Hungarian government aims to achieve 1.5 percent growth in... 2023.01.25.
Government to Fund Erasmus Scholarships if No Agreement with EU If the Erasmus scholarship negotiations with the European Union do not lead to a result, the government will pay the... 2023.01.13.
Hungary One of Europe’s Fastest Growing Economies, Says Economy Minister The government will do everything to protect the Hungarian economy and businesses, Economic Development Minister Márton Nagy said in a... 2023.01.03.
OECD Improves Growth Forecast for Hungarian Economy The Organization for Economic Co-operation and Development (OECD) raised Hungary's economic growth forecast for this year to 6.0 percent from... 2022.11.23.
Hungarian Economy Strengthens amid War and Sanctions The Hungarian economy is resisting the adverse effects of war and sanctions, as it grew by 4.1 percent in the... 2022.11.16.
Increase in Industrial Production by 14.4 percent in August Industrial production in August was 14.4 percent higher than a year earlier, and adjusted for working days, output rose by... 2022.10.13.
Finance Minister Hails GDP Growth International media outlets and experts call Hungary’s GDP growth "better than expected." According to Finance Minister Mihály Varga, the country’s... 2022.08.18.
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.
