Central Statistical Office Reports Growth in Average Wages In January, the Central Statistical Office (KSH) reported that the average gross wage of full-time employees was HUF 605,100 (EUR... 2024.03.28.
Gedeon Richter Pharma Company Anticipates Double-Digit Growth Gedeon Richter, the renowned pharmaceutical giant, is gearing up for another year of exceptional growth and expansion, building on its... 2024.03.01.
Employment and Real Incomes Surged in Q4 of 2023 Employment in Hungary saw significant strengthening throughout 2023, marking a turnaround from previous declines in real incomes. This positive trajectory... 2024.02.06.
Minister Encourages U.S. Companies to Reinvest Their Profits in Hungary One of the American Coca-Cola plants in Hungary The Minister of National Economy Márton Nagy gave a presentation at the... 2024.02.02.
Inflation Back to Long-Anticipated Single Digit The Minister responsible for the Prime Minister's office Gergely Gulyás had informed at the Government Info regular press conference that... 2023.11.09.
IMF Maintains Its Previous GDP Predictions IMF building at night. Photo: IMF/ Facebook. In its latest quarterly prognosis, the IMF maintains its previous forecast of 3%... 2023.10.11.
Economic Performance Still Weak, but Worst is Behind Us The Hungarian economy will return to growth in the second half of the year, and next year it could perform... 2023.08.16.
Central Bank Governor Calls Sustainability the Challenge of the Century The greatest challenge of the 21st century is to create environmental sustainability, and to achieve a sustainable growth path we... 2023.03.30.
Poland Remains EU’s Third Largest Exporter to Russia According to a report by Polish news portal Forsal.pl, in the second half of 2022, Poland's exports to Russia had... 2023.03.23.
Prospects for Hungary’s Economy Stable Hungary's economy is expected to maintain its position in the top third of the World Economic League Table over the next... 2022.12.27.
Single-digit Inflation Towards the End of 2023 Global inflation has started to decline, inflation is past its peak and consumer price growth in Hungary could return to... 2022.12.21.
Hungarian Real Wages Fall the Least Among Visegrad Countries Real wages in the Czech Republic will fall by 8.3 percent this year due to high inflation. Of the four... 2022.11.21.
Base Rate Rises Again in Hungary amid Turbulent Global Economy The Hungarian National Bank (Magyar Nemzeti Bank, MNB) is significantly tightening monetary liquidity, announced Vice President Barnabás Virág. He said... 2022.08.31.
No War-Economy: Hungarian Industry’s Performance Better than Expected On Friday, the Hungarian Central Statistical Office (KSH) published that the volume of industrial production in June 2022 was 1.5... 2022.08.05.
Finance Minister: Growth to Exceed 5% in 2022 Hungary's economy was one of the fastest to recover from the fallout of the coronavirus pandemic, with its output surpassing... 2021.11.29.