The head of the Hungarian Banking Association, Radovan Jelasity called for "more professional discourse" with economic policy makers at a conference organized by business news portal Portfolio on Tuesday. "The time has come again to become much, much more professional, and to acknowledge that economics also has its laws," he said. With the new government […]

Hungary's banking system is capable of boosting its lending to HUF 40,000 billion, National Bank of Hungary (NBH) governor Mihály Varga said at a conference organized by business news portal Portfolio on Tuesday. Local banks' liquidity position is stable and their lending capacity is sufficient, Varga told the conference on lending. The latest data from […]

After a period of relative stability, the Budapest Stock Exchange regained momentum following the parliamentary elections. The BUX index closed April at 133,787.99 points, representing a 10.2% increase compared to March. Stock market activity picked up even further, with trading volume exceeding the previous month’s level. In terms of the most popular stocks, OTP Bank, […]

Industrial producer prices in Hungary were 1.2% higher on average in March 2026 than in the same period of the previous year, the country's Central Statistical Office reports. Domestic output prices went up by 1.2% and non-domestic ones by 1.3% compared to March 2025. Compared to the previous month, domestic output prices were 3.3% and […]

The Budapest Stock Exchange (BÉT) share index, the BUX, barely changed this week compared to last Friday’s close: it fell by 0.06%, or 84.26 points, to close the week’s final trading day at 133,787.99 points. Total trading volume fell from HUF 142.41 billion to HUF 96.26 billion on a weekly basis, but due to the […]

The incoming minister of economy and energy, István Kapitány said kickstarting economic growth was one of the most important pillars of building a functioning Hungary in a video posted on social media on Saturday. István Kapitány said manoeuvering an economy was more like steering a mother ships than a sailboat. "We cannot promise to correct […]

Hungary had a EUR 924 million trade surplus in March, data released by the Central Statistical Office (KSH) show. Exports rose 3.6% year-on-year to EUR 14.045 billion. Imports climbed 10.6% to EUR 13.121 billion. Trade with other European Union member states accounted for 76% of Hungary's exports and 69% of its imports during the month. […]

Conflicting trends are emerging among the world’s central banks. Several countries are rapidly increasing their gold reserves, while others are forced to sell. Geopolitical risks, pressure in the foreign exchange market and deliberate reserve management decisions are driving this process. Hungary's gold reserves lost a lot of value very quickly. In 2026, emerging economies in […]

Hungary's GDP rose 1.7% in the first quarter from the same period a year earlier, a first reading of data released by the Central Statistics Office (KSH) on Thursday shows. Growth was the same when adjusted for seasonal and calendar year effects. Growth was driven mainly by services, especially professional, scientific, technical and administrative activities, […]

The Monetary Council of the National Bank of Hungary (MNB) left the base rate unchanged at 6.25% after reviewing the latest economic and financial developments. The O/N deposit rate and the O/N lending rate also remained unchanged, at 5.25% and 7.25%, respectively. The central bank will continue to ensure positive real interest rates in order […]

Amid declining trading volume, the Budapest Stock Exchange (BSE) stock index, the BUX, closed at 133,872.25 points on Friday, down 3.56%, or 4,945.78 points, from the previous week’s closing value. Weekly trading volume on the stock market totaled HUF 142.41 billion, down from HUF 336.22 billion the previous week, with leading stocks posting mixed results. […]

According to the latest economic forecast from the Equilibrium Institute, a moderate recovery may follow several years of weak performance, but growth prospects remain subject to significant external and internal risks. Their analysis reviews the expected trends in GDP, inflation, exchange rates, the labor market, consumption and investment. The Institute's spring 2026 forecast predicts that […]

Economic research institute GKI's combined gauge of business and consumer confidence reached a 27-month high in April, chief researcher Raymund Petz said on Thursday. The index rose to -10.7 points in April from -13.9 points in the previous month, data published on GKI's website show. Petz noted that the survey for the gauge was conducted […]

Hungary's cash flow-based general government deficit reached HUF 3,420.4 billion at the end of March, the Ministry of National Economy confirmed in a detailed release of data on Wednesday. The central budget deficit reached HUF 3,242.6 billion and the social security funds were HUF 190.3 billion in the red, but separate state funds had a […]

The European Commission's meetings with the incoming Hungarian government have been "constructive and positive in tone", and a useful starting point "for the work that now needs to happen, particularly to unblock funds for the benefit of the Hungarian people," EC Deputy Chief Spokesperson Olof Gill told a daily press conference in Brussels on Monday. […]