BMW will start serial production of its fully-electric BMW iX4 model this fall, the German carmaker announced. With the unveiling of the new BMW iX4, the BMW Group is further expanding its Neue Klasse model family. This is the second all-new Neue Klasse model to be manufactured at the BMW Group plant in Debrecen. Following […]
Hungary's annualized consumer price index (CPI)rose to 1.6% in September from 1.3% in the previous month. The figure was a pleasant surprise for analysts who had expected 1.8%. In the inflation data, the rise in fuel prices was offset by a further decline in food prices – rather than the expected increase – and a […]
International Monetary Fund (IMF) staff said Hungary has a "uniquely favorable window of opportunity" to revitalize its economy, supported by the new government's commitment to deeper European integration and swift measures to unlock European Union funding, in a statement released after regular bilateral consultations on Thursday. "The new government's agenda — to deepen integration with […]
Commissions revenue of listed real estate broker DH Group's franchise network edged down around half a percent to HUF 5.1 billion in the third quarter from the same period a year earlier, the Group said on the website of the Budapest Stock Exchange. In the third quarter of 2026, intermediated loan volumes amounted to HUF […]
At the Global Five 2026 conference, organized by ESSCA Budapest on October 5, 2026, at the French Institute, participants analyzed the challenges faced by women in senior leadership positions, how growing inequalities affect women’s roles and opportunities, and to what extent they can incorporate the impacts of environmental change into their strategies and day-to-day activities. […]
International reserves of the National Bank of Hungary (MNB) stood at EUR 62.061 billion at the end of September, down EUR 1.441 billion from a month earlier, data released by the central bank on Wednesday show. Stock of cash, deposits and securities in the reserves slipped EUR 270 million to EUR 45.524 billion, while stock […]
Consumer prices were 1.6% higher on average in September 2026 than in same month of previous year. Compared to August, prices were up by 0.2%. In 12 months, compared to September 2025: Food prices decreased by 1.3% (and by 4.6% excluding food and beverage serving services), within which the price of potatoes went up by […]
Sales of the German BMW brand rose by 3.4% in the Hungarian new-car market during the first nine months of 2026, and BMW Group Hungary closed out its strongest three-quarter period to date with 5,465 vehicles sold. During the same period last year, the importer reported sales of 5,283 units—which was also a record at […]
Retail sales in Hungary rose 2.4% year-on-year in August, data released by the Central Statistical Office (KSH) on Tuesday show. Retail sales rose at the same pace when adjusted for calendar year effects. Adjusted food sales edged up 0.5%, non-food sales rose 5.0% and turnover at petrol stations increased 3.1%. Online and mail-order sales volume, […]
The number of new passenger cars registered in Hungary rose 13.0% year-on-year to 108,422 in the first three quarters of this year, the Hungarian Association of Vehicle Importers (MGE) announced. Excluding re-exports, new passenger car registrations increased 12.6% to 93,130. Sales of all-electric passenger cars rose by 30.2% to 10,445 units, and their market share […]
Corvinus University of Budapest has secured EQUIS accreditation for three years, becoming the first Hungarian institution to enter the top 1% of business schools worldwide that hold all three major international accreditations, the university's website reports. Corvinus University of Budapest was awarded EQUIS accreditation for three years, completing the University’s Triple Crown alongside its AACSB […]
Opel sales gained momentum in the Hungarian new-car market during the third quarter of this year. According to a statement released by Opel Hungary on Monday, the brand’s market share rose to 4.64% with 1,774 cars sold between July and September 2026. In the first nine months of the year, Opel sales grew 13.87% year-over-year […]
Financial services provider Provident Hungary is celebrating its 25th anniversary this year. In connection with this milestone year, the company has launched a new conservation partnership with the Hungarian Ornithological and Nature Conservation Society (MME). In the first year of the partnership, Provident employees have, among other things, built nesting boxes for barn owls, participated […]
Hungary's general government deficit reached HUF 5,261.9 billion at the end of September, widening by HUF 92.8 billion in September alone, a preliminary release of data by the Finance Ministry on Monday shows. The ministry noted that pre-financing in August related to funding from the European Union's Recovery and Resilience Facility (RRF) had added HUF […]
Amid rising trading volume, the Budapest Stock Exchange (BSE) stock index fell this week; on Friday, the BUX closed at 140,050.08 points, down 7.42%, or 11,221.99 points, from the previous week. Weekly trading volume totaled HUF 259.7 billion, up from HUF 99.8 billion the previous week, while the prices of leading stocks declined. On Monday, […]
