Annual Inflation Hits a New Low In September, consumer prices were on average 3.0% higher than a year earlier, while they fell by 0.1% on average... 2024.10.10.
Year-on-year Increase in Trade Surplus Brought EUR 167 Million in July In July, the volume of exports increased by 4.9% and that of imports by 7.1% compared to the same period... 2024.10.01.
Fuel Prices Fall Below the Psychological Threshold Hungarian fuel wholesalers announced a drop in fuel prices again on Thursday, according to a recent data release by Holtankoljak.hu.... 2024.09.12.
“Not Great, Not Terrible Either” – Average Earnings for June Published In June 2024, the average gross earnings of full-time employees were 642 000 HUF (EUR 1620), while the average net... 2024.08.26.
Capital’s 6th District to Hold Decisive Vote on Banning Airbnbs A decisive vote will be held in September in District 6 of Budapest (Terézváros) on the short-term renting of apartments,... 2024.08.02.
Economy Minister Summons Fuel Retailers over “Unacceptable Prices” Minister for National Economy Márton Nagy summoned representatives of Hungarian fuel retailers, i.e. representatives of the Hungarian Petroleum Association, including... 2024.07.09.
First Quarter 2024 Deficit-to-GDP Ratio Stands at 5.4 Percent According to preliminary data released by the Hungarian Central Statistical Office (KSH) on Tuesday, the government sector recorded a deficit... 2024.07.02.
Prices Have Started to Fall on a Monthly Basis Inflation in Hungary has fallen on a monthly basis. Consumer prices fell by 0.1% from April to May. The data... 2024.06.10.
Record Volume of Foreign Trade Surprises Analysts Foreign trade data is improving spectacularly month on month, and this time even analysts are surprised. The balance showed a... 2024.06.06.
Central Statistical Office Launches Pilot Fuel Price Monitoring System The Central Statistical Office (KSH) is set to release new pilot statistics on Friday, April 19, aimed at monitoring and... 2024.04.17.
New Monitoring System to Ensure Fair Mid-Range Fuel Prices Minister for National Economy Márton Nagy has summoned representatives of the Hungarian Petroleum Association, including MOL (Hungarian multinational oil and... 2024.04.12.
Statistics Show Public Debt and Budget Deficit Shrinking According to data published by the Central Statistical Office (KSH), the public debt ratio is projected to decrease to 73.5... 2024.04.02.
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.
Statistical Office Develops More Accurate Way to Measure Inflation Inflation calculations play a critical role in understanding the economic landscape of any country, and Hungary is no exception. The... 2024.02.19.
Inflation in Hungary Lowest among Visegrad 4 Countries The end of 2023 was much better than expected in terms of inflation. Not only did domestic inflation end up... 2024.01.18.
Domestic Gas Consumption Has Fallen Sharply in the Last Two Years Last year, the amount of natural gas and electricity used in Hungary continued to fall. In 2023, about 8.5 billion... 2024.01.08.
Forint Surges as Report Shows Record Trade Surplus The forint was trading at 380.5 at 8 a.m. on Thursday morning when the Hungarian Central Statistical Office (KSH) released... 2024.01.04.
Foreign Trade Balance Reaches an All-time Record Hungary's foreign trade balance recorded its largest surplus ever in November last year. The Hungarian Central Statistical Office (KSH) reported... 2024.01.04.
Year-on-year Consumer Prices Increased by 12.2% in September Consumer prices increased by an average of 12.2 percent in September compared to the same month of the previous year,... 2023.10.11.
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.
Central Statistical Office: Number of Employed Persons over Four Million in June In June, the average number of employed persons aged 15-74 was 4,739,000. This is 53,000 more than in the previous... 2022.07.29.