Consumer prices in Hungary rose by 1.7% year-on-year in June 2026. Relative to the 1.8% observed in May, the annual growth rate of prices was down by 0.1 percentage point. Core inflation, and core inflation excluding indirect tax effects, remained unchanged at 2.0%, the National Bank of Hungary (MNB) states in its latest flash analysis […]
The first official US congressional delegation to visit Hungary since the April 12 elections held "open and candid" discussions with the new Hungarian government about its plans and Hungarian-US relations, Democratic Senator Jeanne Shaheen, the delegation's leader, said in Budapest on Thursday. The delegation, arriving from the NATO summit in Ankara, met Foreign Minister Anita […]
Hungarian lender MBH Bank has decided to issue another EUR 500 million in MREL-eligible bonds as part of its international bond program: Investor interest was high, with the offering nearly two and a half times oversubscribed; the bank ultimately decided to issue bonds with a total face value of EUR 500 million, the financial institution […]
African drum rhythms, French chansons, Moroccan world music, street performances, and culinary delights await visitors on July 11 at the French Institute’s traditional Utcabál [‘Street Party’]. Organized to celebrate France’s National Day, this free event will once again transform the Danube embankment into an all-night cultural festival, the Institute says in a statement. For years, […]
European Union ambassadors visited Pannonia Bio’s organic refinery in Dunaföldvár, central Hungary, as part of the opening program of the Irish EU Presidency. Ireland assumed the rotating presidency of the Council of the European Union on July 1. As part of one of the presidency’s first events in Hungary, nearly twenty EU ambassadors accredited to […]
Hungary's cash flow-based general government deficit reached HUF 3,382.2 billion at the end of June, 80.2% of the full-year target, the Finance Ministry said in a preliminary release of data on Wednesday. As MTI reports, the central budget deficit reached HUF 3,271.4 billion and the social security funds were HUF 214.6 billion in the red, […]
The interim chief executive of Media Services Support and Asset Management Fund (MTVA), András Horváth, arrived at the MTVA headquarters in Budapest on Tuesday morning together with his interim leadership appointees, the MTVA Press and Marketing Office said in a statement on Tuesday. Their task is to review the operations of the public media, ensure […]
A Hungarian consortium will lead SUSTAINCrop, a 36-month international project, studying development opportunities of a bio-based economy in Europe from June, the project's leaders told MTI. The new Horizon Europe project will develop tools to compare different crop production systems and assess the environmental and economic impact of renewable plant-based raw materials, including rapeseed, sugar […]
BMW Group Magyarország increased sales of its BMW models by 18.9% to 3,909 on the Hungarian market in the first half, retaining its leading position in the premium segment, the company told MTI. With sales growth exceeding the 13.3% average of the Hungarian market, BMW took sixth place on the entire market for new cars, […]
Hungary's annualised consumer price index fell to 1.7% to in June from 1.8% in the previous month, data released by the Central Statistical Office (KSH) on Tuesday, and reviewed by MTI, show. Food prices inched up 0.2%, but fell 2.4% excluding the price of eating out. Pork prices fell 10.9% and potato prices dropped 7.6%. […]
Hungary completed a EUR 3 billion issue of euro bonds on Monday, the Government Debt Management Agency (ÁKK) has said in a statement. As MTI reported Tuesday morning, ÁKK sold EUR 1.5 billion of a five-year bond and EUR 1.5 billion of a ten-year bond. The five-year bond had a yield of 3.62% and a […]
The financial and real estate broker DH Group delivered a record second quarter in 2026: despite the forint’s approximately 11% year-on-year appreciation against both the euro and the zloty, intermediated loan volumes grew so strongly that Group-level volumes exceeded HUF 400 billion for the first time in the Group’s history, with all three countries reaching […]
Retail sales in Hungary rose 3.8% year-on-year in May, data released by the Central Statistical Office (KSH) on Monday show. Retail sales rose 4.8% when adjusted for calendar year effects. Adjusted food sales increased 3.2%, non-food sales rose 7.4% and turnover at petrol stations climbed 8.4%. Online and mail-order sales volume, which accounted for 8.6% […]
The Budapest Stock Exchange (BSE) stock index, the BUX, rose 2.35% from last week’s close to reach a record high of 143,072.29 points on Friday. Weekly trading volume rose from HUF 103.0 billion to HUF 137.5 billion; leading stocks posted mixed results, with OTP setting a new all-time high. The stock market index started the […]
Toyota has strengthened its leading position in the Hungarian new car market in the first half of 2026; the Japanese brand increased its market share to 12.9% with sales of 9,929 vehicles, Toyota Central Europe informed MTI in a press release. Its sales grew by 16.1% in the first half of the year, outpacing the […]
