Due to the change in government resulting from last Sunday’s parliamentary elections in Hungary, market expectations suggest that the new government’s economic policy will become more transparent and predictable in the coming years; measures such as special taxes, margin caps and fuel price controls will be phased out over time. That is according to Raiffeisen […]
András Kármán, the election-winning Tisza Party's expert on budget and tax policy, met National Bank of Hungary Governor Mihály Varga, at the latter's invitation. András Kármán said on Facebook that the parties agreed that the financial markets reacted favorably to Tisza's election win, but added that developments in Iran and the resulting energy price hikes […]
Output of Hungary's industrial sector fell 1.5% year-on-year in February, the Central Statistical Office (KSH) confirmed in a detailed reading of data on Wednesday. Output also fell 1.5% when adjusted for the number of workdays. The detailed data show output of the automotive industry, Hungary's biggest manufacturing sector, fell 4.0%. The segment accounted for 26% […]
Fitch Ratings said Hungary's incoming government faces "significant macroeconomic and public finances challenges" due to low growth, a large fiscal deficit, and high and rising government debt. The Tisza Party's landslide victory in Sunday's election, giving it a two-thirds majority in parliament, should support improved relations with the European Union and ease the risk of […]
According to the monthly balance of payments data released by the National Bank of Hungary (MNB) on Monday, the country’s balance of payments with foreign countries turned positive in February. The combined balance of the current account and the capital account turned to a surplus of EUR 317 million in February, according to preliminary data, […]
Construction output volume, based on both raw and working day adjusted data, was 0.4% lower than a year earlier. Among the main construction groups the construction of buildings increased by 2.2%, that of civil engineering lessened by 6.3%. Based on seasonally and working day adjusted indices construction output was above the January 2026 level by […]
According to data from the first quarter of 2026 household savings survey by the National Bank of Hungary (MNB), both households’ perception of inflation and their inflation expectations have declined significantly. A large proportion of households plan to save in the coming year. The latest round of the central bank’s quarterly data collection program was […]
The Budapest Stock Exchange (BSE) stock index rose amid increasing trading volume during the four-day trading week; on Friday, the BUX closed at 132,888.20 points, which is 7.17% or 8,891.79 points higher than the previous week’s closing value. Weekly trading volume was HUF 174.33 billion, up from HUF 123.81 billion the previous week, with all […]
Hungary's cash flow-based general government deficit reached HUF 3,420.4 billion at the end of March, the Ministry of National Economy said in a preliminary release of data. 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 surplus of […]
Hungary's government sector had a HUF 1,858 billion deficit in the fourth quarter, equivalent to 8.3% of GDP, data released by the Central Statistical Office (KSH) on Wednesday show. Government sector revenue rose 10.8% to HUF 9,955 billion, while expenditures climbed 9.8% to HUF 11,813 billion. For the full year, the government sector had a […]
Industrial producer prices in Hungary dropped 3.3% year-on-year in February, falling for the fourth month in a row, data released by the Central Statistical Office (KSH) reports. Domestic output prices lessened by 3.1% and non-domestic ones by 3.3% compared to February 2025. Compared to the previous month, domestic output prices were 0.3% and non-domestic output […]
Hungary had a EUR 665 million external trade surplus in February, data released by the Central Statistics Office (KSH) on Monday show. Exports rose 2.6% year-on-year to EUR 12.695 billion. Imports climbed 5.9% to EUR 12.030 billion. Trade with other European Union member states accounted for 74% of Hungary's exports and 67% of its imports […]
The Budapest Stock Exchange (BÉT) stock index declined moderately this week; on Friday, the BUX closed at 121,718.1 points, down 0.32%, or 389.2 points, from the previous week. Weekly trading volume was HUF 110.6 billion, up from HUF 109.9 billion the previous week, with leading stocks posting mixed results. Equilor Investment Ltd. noted in its […]
As a result of the war in the Middle East and the resulting surge in energy prices, the National Bank of Hungary (MNB) has significantly revised downward its outlook for the Hungarian economy. According to the latest forecasts, GDP growth will be much lower than previously expected, while inflation will accelerate noticeably. MNB projects that […]
Hungary's cash flow-based general government deficit reached HUF 2,106.8 billion at the end of February, the Ministry of National Economy has confirmed in a detailed release of data. The central budget deficit reached HUF 2,010.1 billion and the social security funds were HUF 129.6 billion in the red, but separate state funds had a surplus […]
