Economy - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Mon, 31 Aug 2026 17:01:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png Economy - Diplomacy & Trade https://dteurope.com 32 32 All Legislative Conditions Met for Accessing RRF Funds https://dteurope.com/economy/all-legislative-conditions-met-for-accessing-rrf-funds/ Mon, 31 Aug 2026 10:56:00 +0000 https://dteurope.com/?p=81399 The government has met all the legislative conditions for accessing the funds of the European Union's Recovery and Resilience Facility, Transportation and Investment Minister Dávid Vitézy said in Budapest on Monday, at a press conference on a HUF 11 billion trolley bus development. "Hungary has met all milestones and super milestones, so we will bring […]

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]]> Factory Gate Prices Climb 1.0% in July https://dteurope.com/economy/factory-gate-prices-climb-1-0-in-july/ Mon, 31 Aug 2026 08:24:00 +0000 https://dteurope.com/?p=81396 Factory gate prices in Hungary climbed 1.0% year-on-year in July, data released by the Central Statistical Office (KSH) on Monday show. Prices for domestic sale were up 2.5% while export prices edged up 0.3%. Domestic prices of the manufacturing sector, which have a 67.6% weight in the PPI, rose 1.7%. Domestic energy prices, which account […]

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]]> The Hungarian Stock Market Has Had a Tough Week https://dteurope.com/economy/the-hungarian-stock-market-has-had-a-tough-week/ Sun, 30 Aug 2026 18:18:00 +0000 https://dteurope.com/?p=81394 The Budapest Stock Exchange (BSE) share index, the BUX, closed the week at 150,666.43 points, up 1.35% from last Wednesday’s close – a gain of 2,006.62 points. Weekly trading volume totaled HUF 107.9 billion, nearly double the previous week’s HUF 58.9 billion, when trading on the Budapest Stock Exchange took place over only three days […]

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]]> Hungary's Trade Surplus Narrows to EUR 69 Mn in July https://dteurope.com/economy/hungarys-trade-surplus-narrows-to-eur-69-mn-in-july/ Fri, 28 Aug 2026 08:18:00 +0000 https://dteurope.com/?p=81347 Hungary had a EUR 69 million trade surplus in July, narrowing from EUR 1.173 billion in the previous month, data released by the Central Statistics Office (KSH) on Friday show. Exports rose 10.8% year-on-year to EUR 13.661 billion. Imports climbed 14.9% to EUR 13.592 billion. Trade with other European Union member states accounted for 75% […]

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]]> Business, Consumer Confidence Ease in August https://dteurope.com/economy/business-consumer-confidence-ease-in-august/ Thu, 27 Aug 2026 07:30:00 +0000 https://dteurope.com/?p=81332 Business and consumer sentiment in Hungary eased in August, a monthly gauge by economic research institute GKI shows. GKI's business confidence index fell to -9.1 points in August from -5.3 in the previous month. Sentiment worsened in the industrial, commerce and construction sectors, but edged up in the business services sector. The survey showed 7% […]

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]]> Investment Volume Falls 9.1% in Q2 in Hungary https://dteurope.com/economy/investment-volume-falls-9-1-in-q2-in-hungary/ Wed, 26 Aug 2026 08:36:00 +0000 https://dteurope.com/?p=81320 Investment volume in Hungary dropped 9.1% year-on-year in the second quarter, data released by the Central Statistical Office (KSH) on Wednesday show. Adjusted for seasonal effects, investment volume declined 7.1%. Investment volume in the manufacturing and logistics sectors contributed the most to the headline decline, KSH said. The fall was mitigated by rising investment volume […]

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]]> Policy Makers Cut Base Rate by 25bp to 5.50% https://dteurope.com/economy/policy-makers-cut-base-rate-by-25bp-to-5-50/ Tue, 25 Aug 2026 13:46:00 +0000 https://dteurope.com/?p=81290 The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25 basis points to 5.50% at a monthly policy meeting on Tuesday. The Council also lowered the central bank's symmetric interest rate corridor by 25 basis points, bringing the O/N deposit rate to 4.50% and the […]

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]]> Government Sets 7.5% Deficit Target for 2026 https://dteurope.com/economy/government-sets-7-5-deficit-target-for-2026/ Mon, 24 Aug 2026 14:40:08 +0000 https://dteurope.com/?p=81284 The government is setting a 7.5% of GDP deficit target in Hungary for 2026 and will submit a legislative proposal on August 31 to modify the budget bill, the Finance Ministry said on Monday. The ministry stated the inherited economic situation, and the costs of the drought and energy crisis do not yet allow for […]

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]]> The BUX Fell Amid Declining Trading Volume This Week https://dteurope.com/economy/the-bux-fell-amid-declining-trading-volume-this-week/ Sun, 23 Aug 2026 07:04:00 +0000 https://dteurope.com/?p=81260 The Budapest Stock Exchange (BÉT) stock index, the BUX, fell amid declining trading volume during the short week; on Wednesday, the last trading day, the BUX closed at 148,659.81 points, down 1.26% or 1,892.89 points from the previous Friday. Over the three trading days, weekly trading volume totaled HUF 58.98 billion, down from HUF 95.04 […]

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]]> Demographic Transition and Human Capital Outflow https://dteurope.com/economy/demographic-transition-and-human-capital-outflow/ Fri, 21 Aug 2026 08:23:00 +0000 https://dteurope.com/?p=81230 Future cohesion policy should focus on retaining human capital, strengthening local innovation capabilities, and restoring territorial equity rather than on building physical infrastructure, notes Csaba Zalai, a professor at the National University of Public Service (NKE), in a study published by the central bank. Csaba Zalai analyzes the macroeconomic and regional consequences of demographic change […]

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]]> Hungary State Debt Ratio Reaches 75.1% at End-Q2 https://dteurope.com/economy/hungary-state-debt-ratio-reaches-75-1-at-end-q2/ Wed, 19 Aug 2026 13:15:00 +0000 https://dteurope.com/?p=81214 Hungary's state debt relative to GDP reached 75.1% at the end of the second quarter, preliminary data released by the National Bank of Hungary (MNB) show. The state debt ratio rose from 74.6% at the end of 2025. In absolute terms, Hungary's state debt stood at HUF 67,815 billion at the end of Q2, up […]

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]]> Strong Week on the Budapest Stock Exchange https://dteurope.com/economy/strong-week-on-the-budapest-stock-exchange/ Sun, 16 Aug 2026 18:21:00 +0000 https://dteurope.com/?p=81186 The Budapest Stock Exchange’s stock index, the BUX closed the week at a historic high, above 150,552 points. The domestic market outperformed international stock exchanges, driven primarily by significant gains in Mol and Richter, while total weekly trading volume declined slightly. Trading in recent days was greatly supported by the fact that several brokerage firms […]

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]]> July Statistical Balance Sheet by the Central Bank https://dteurope.com/economy/july-statistical-balance-sheet-by-the-central-bank/ Sat, 15 Aug 2026 14:52:00 +0000 https://dteurope.com/?p=81181 The average and end-of-month stocks of external assets increased in July, the National Bank of Hungary (MNB) reports. The increase was primarily the result of the EUR-denominated government bond issuance by the Government Debt Management Agency, changes in the forint exchange rate, and the decrease in the stock of swaps providing euro liquidity concluded with […]

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]]> Major Festivals Bring Billions to Hungary https://dteurope.com/economy/major-festivals-bring-billions-to-hungary/ Fri, 14 Aug 2026 04:51:32 +0000 https://dteurope.com/?p=81161 Major domestic festivals generate more economic value for Hungary than they cost. The sector generates tax revenue in the billions, while events attracting international visitors generate foreign demand and tourism export revenue. According to calculations by the economic research institute GKI, a major festival with significant international appeal is clearly a net contributor to the […]

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]]> Construction Sector Output Edges Down 1.2% in June https://dteurope.com/economy/construction-sector-output-edges-down-1-2-in-june/ Thu, 13 Aug 2026 08:06:00 +0000 https://dteurope.com/?p=81158 Output of Hungary's construction sector inched down 1.2% year-on-year in June, according to data released by the Central Statistical Office (KSH) on Thursday. Construction sector output decreased by 5.0% when adjusted for the number of workdays. Output of the buildings segment fell 5.5% but civil engineering output rose 5.6%. In absolute terms, construction sector output […]

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