In April 2026, the volume of retail trade was 1.7% higher according to raw data, or 3.6% higher in calendar (and Easter effects) adjusted terms, than in the same month of the previous year, the Central Statistical Office (KSH) reports. Adjusted food sales increased 3.4%, non-food sales rose 2.6% and turnover at petrol stations climbed […]
The European Commission said Hungary continues to face vulnerabilities related to high government debt and government financing needs, competitiveness, and home prices in a package of policy guidance for member states adopted on Wednesday. An in-depth look at of the Hungarian economy conducted by the EC earlier in 2026 showed an increase in state debt […]
Architects, contractors and developers from all over Europe have gathered in Budapest for the Baumit Life Challenge 2026 awards gala. The Hungarian capital proved to be the perfect venue. Just as the Danube connects many of Europe’s cities, the Baumit Life Challenge brought together the continent’s most outstanding façades, the organizers said in a statement. […]
The Organization for Economic Co-operation and Development (OECD) forecasts Hungary's GDP growth will accelerate to 1.6% in 2026 and 2.0% in 2027 in its latest Economic Outlook published on Wednesday. "A stronger than expected energy shock may deteriorate growth and fiscal prospects, but progress in the discussions around blocked EU funds may boost confidence and […]
German car maker BMW will probably add shifts at its new factory in Hungary to meet "enormous demand", the head of BMW Group Plant Debrecen has said at an international press conference, MTI reports. Hans-Peter Kemser said the plant was operating with two shifts at present, turning out 30 cars an hour. He added that […]
Hungary had a EUR 2.463 billion surplus in trade of services in the first quarter, according to data released by the Central Statistical Office (KSH) and reviewed by MTI. Exports of services rose 4.5% year-on-year to EUR 8.753 billion. Imports of services climbed 4.8% to EUR 6.290 billion. The tourism surplus reached EUR 659 million, […]
The Central European University (CEU) will hold its Liveable World Festival in Budapest on June 12-13, featuring lectures, film screenings and exhibitions. The events at the university’s downtown Nádor Street building are free, though some require prior registration, MTI reports. The festival will include a discussion with clinical psychologist Annamaria Tari and HaverVagy community founder […]
Nearly one hundred seniors participated in the joint Senior Academy program organized by Provident Financial Ltd. and Semmelweis University in Szolnok. The goal of the event was once again to provide the older generation with practical knowledge to help them manage financial, health, and digital challenges, thereby contributing to their sense of security and independence […]
GLS Hungary’s nationwide network expansion has reached another important milestone: the company has put its 3,000th parcel locker into operation in the southeastern Hungarian city of Szeged. The company says this development clearly illustrates the rapid transformation of the domestic parcel logistics market and the strategic direction in which GLS is continuously expanding the number […]
Hungary's GDP rose 1.7% in the first quarter from the same period a year earlier, the Central Statistical Office (KSH) confirmed in a second reading of data released on Tuesday. Growth was the same when adjusted for seasonal and calendar year effects. Services lifted headline GDP growth by 1.4 percentage points, including a 0.5 percentage […]
The Zsolnay Cultural Quarter in Pécs, S Hungary will hold a series of events on June 6 to mark World Art Nouveau Day, focusing on eosin glazing, influential women of the era, turn-of-the-century fashion, and the Zsolnay family, the operator, Zsolnay Heritage Management Nonprofit (ZSOK) said in a statement. The events, held ahead of the […]
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 50.2 points in May, edging down from 50.4 in the previous month, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) is quoted by MTI. The PMI remained over the 50-point threshold, signalling expansion in the manufacturing sector. Among the PMI sub-indices, the new orders index […]
The risk of higher inflation (on the back of energy prices) pushing up mortgage costs, worsening affordability and weighing on transaction volumes, is meaningful across Europe, the real estate goup says in an annual report on the website of the Budapest Stock Exchange. DH’s diversified geographical footprint could offer som eprotection in the case of […]
Net sales revenue of DIY chain Praktiker rose 12% to HUF 98.5 billion in 2025, the Hungarian-owned business said on Monday. The new stores accounted for nearly half of the total revenue growth, while the remainder was driven by organic growth. The number of the DIY chain’s stores grew to 23, with a total floor […]
The Budapest Stock Exchange (BSE) closed the month of May with balanced trading activity; spot stock market turnover amounted to HUF 511.6 billion, representing a daily average trading volume of HUF 26.9 billion, the BSE told MTI. Turnover declined compared to April: in the previous month, the market picked up significantly following the April 12 […]
