As the world races to decarbonize, a new report from the global research firm Wood Mackenzie delivers a sobering message: the goal of reaching net-zero emissions by 2050 is slipping out of reach. Surging power demand, driven by artificial intelligence, electrification, and industrial recovery, combined with geopolitical instability, is pushing global warming toward 2.6°C by […]

The surplus was EUR 589 million, the balance decreased by EUR 297 million, year-on-year. The volume of export increased by 0.5% compared to the same period of the previous year, that of import grew by 8.4%, the Central Statistical Office (KSH) reports. The seasonally and working-day adjusted export volume decreased by 2.4% compared to August […]

The Budapest Stock Exchange (BSE) share index rose over the past three working days, with the BUX closing at 104,182.83 points on Wednesday, up 1,214.16 points or 1.18% compared to the previous Friday. Weekly turnover reached HUF 56.86 billion in three days, compared to HUF 75.29 billion in the previous week, with leading shares rising. […]

The Hungarian Government Debt Management Agency (AKK) sold HUF 68.0 billion of securities at auction on Wednesday, HUF 18.0 billion more than planned. As MTI reports, AKK sold HUF 8.0 billion of discount twelve-month T-bills, cutting its original HUF 30.0 billion offer after primary dealers bid for just HUF 12.0 billion of the securities. Average […]

In September 2025, the average number of employed persons aged 15–74 in Hungary was 4,669,000. The number of unemployed persons was 218,000 and the unemployment rate was 4.5%, according to the country's Central Statistical Office (KSH). In the period July–September 2025, the average number of employed persons aged 15–74 was 4,679,000, 29,000 fewer than a […]

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.50% at a monthly policy meeting on Tuesday. The Council also left the O/N deposit rate at 5.50% and the O/N collateralised loan rate at 7.50%. The rates mark the ends of the central bank's […]

The Budapest Stock Exchange (BÉT) share index strengthened amid rising turnover this week, with the BUX closing at 102,968.67 points on Friday, up 977.91 points, or 0.96%, from a week earlier, according to MTI. Weekly turnover was HUF 75.29 billion, following HUF 60.87 billion the previous week, with leading shares declining except for OTP. Equilor […]

Hungarians are increasingly embracing digital payment methods, with 93% of the population now owning a bank card, according to new research by Gránit Bank. The study highlights the growing shift from cash to digital transactions, a trend mirrored across Europe. While traditional card payments remain the dominant method, one in ten Hungarian bank customers already […]

Business confidence measured by the Confederation of Hungarian Business (VOSZ) in Hungary stood at 50% in the third quarter, unchanged from the previous quarter and 2 percentage points down from the same period a year earlier, VOSZ said on Thursday. As MTI reports, the index is based on responses of the some 400 VOSZ member […]

Construction output volume, based on raw data went down by 15.2%, and according to calendar-adjusted data was below the previous year’s level by 13.6% in August 2025, the country's Central Statistical Office reports. Among the main construction groups the construction of buildings lessened by 2.3%, that of civil engineering fell by 34.8%. Based on seasonally […]

The volume of industrial production in Hungary lagged behind the one year earlier level by 7.3%, based on working-day adjusted data it declined by 4.6% in August 2025, year-on-year, the Central Statistical Office (KSH) reports. There was a setback in all but one of the manufacturing subsections. According to seasonally and working-day adjusted data, industrial […]

The Budapest Stock Exchange's share index, the BUX, closed at 101,990.76 points on Friday, up 604.28 points or 0.6% on the previous day. The stock market turnover was HUF 13.8 billion, with leading shares strengthening compared to the previous day's close, with the exception of OTP. Péter Aradványi, chief analyst at Equilor Investment Ltd., said […]

Hungary’s central bank will wait for inflation to decline in a sustainable manner before cutting interest rates. Policy makers are under growing pressure from the government to lower borrowing costs. Hungary’s central bank will wait for inflation to decline in a sustainable manner before cutting interest rates. Policy makers are under growing pressure from the […]

Hungary's general government deficit reached HUF 3,328.7 billion at the end of September, 69.7% of the full-year target, the Ministry of National Economy said in a preliminary release of data on Wednesday. The central budget gap reached HUF 3,267.4 billion and the social insurance funds were HUF 162.6 billion in the red, but separate state […]

Consumer prices were 4.3% higher on average in Hungary in September 2025 than a year earlier. Compared to August, prices were unchanged on average, according to the country's Central Statistical Office. Food prices rose 4.7%, but increased just 3.0% excluding the price of eating out. The price of eggs jumped 18.2% and cooking oil prices […]