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 […]
Hungary's net issuance of state debt stood at 85.0% of the full-year plan at the end of the second quarter, the Government Debt Management Agency (ÁKK) said in a press release. As MTI reports, net issuance came to HUF 4,615 billion, compared to the HUF 5,455 billion target for the whole year. Net retail issuance […]
Spot market turnover on the Budapest Stock Exchange (BSE) totaled HUF 565.7 billion in June, representing an average daily trading volume of HUF 25.7 billion; the exchange’s benchmark stock index, the BUX, rose 3.9%, closing the month at 139,892.19 points, the bourse told MTI. On international stock markets in June, investor sentiment was shaped by […]
The Hungarian currency, the forint strengthened close to 8% against the euro in the first half of this year, taking third place among emerging market currencies after the Brazilian real and the Columbian peso, senior analyst Dávid Németh of K+H Bank said on Wednesday. The forint strengthening is a sign of investor confidence in Hungary, […]
Hungary's government sector had a HUF 2,090 billion deficit in the first quarter, equivalent to 9.0% of GDP, data released by the Central Statistical Office (KSH) on Wednesday show. The deficit was HUF 838 billion higher, or 3.1 percentage points higher as a proportion of GDP compared to the same period of the previous year. […]
Factory gate prices, or industrial producers prices, in Hungary edged down 0.7% year-on-year in May, data released by the Central Statistics Office (KSH) on Tuesday, and reviewed by MTI, show. Prices for domestic sale were up 1.9% while export prices decreased 1.8%. Domestic prices of the manufacturing sector, which have a 67.6% weight in the […]
Hungary's current account had a EUR 251 million surplus in the first quarter of the year, compared to a EUR 353 million surplus in Q4 2025, and a EUR 1.177 billion surplus in Q1 2025, quarterly data released by the National Bank of Hungary (MNB), and reviewed by MTI, on Monday show. The trade surplus […]
The Budapest Stock Exchange (BSE) stock index rose amid declining trading volume this week; on Friday, the BUX closed at 139,790.13 points, a historic high, up 1.57% or 2,164.59 points from the previous week. Weekly trading volume was HUF 137.5 billion, down from HUF 155.1 billion the previous week, with leading stocks posting mixed results. […]
Support for joining the euro zone is exceptionally high, at around 70-75%, in Hungary, Prime Minister Péter Magyar said following talks with Eurogroup president Kyriakos Perrakakis in Budapest on Friday. Among member states outside the euro zone, Hungary has the high level of support for joining, the Prime Minister added. "This has not always been […]
The debt of the central government increased by HUF 2,557 billion to HUF 63,096 billion by the end of May from the end of 2025, the Government Debt Management Agency (ÁKK) said in a monthly report on Wednesday. Quoting from the report, MTI says net forint issuance, financing the deficit of the central government budget, […]
The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25 basis points to 6.00% at a monthly policy meeting on Tuesday. As MTI reports, the Council also lowered the overnight deposit rate by 25 basis points to 5.00% and the O/N collateralized loan rate by […]
At the end of May, Hungary's cash-flow based general government deficit reached HUF 3,806.3 billion, 90.2% of the full-year target, a detailed report released by the Finance Ministry on Monday shows. As MTI reports, the central budget deficit reached HUF 3,694.8 billion and the social security funds were HUF 182.4 billion in the red, but […]
Hungary is committed to adopting the euro and has undertaken to meet the Maastricht criteria by 2030, Finance Minister András Kármán said on a social media site on Monday. The minister said he will meet Kyriakos Pierrakakis, President of the Eurogroup, along with Prime Minister Péter Magyar in Budapest on Friday. András Kármán first held […]
Amid rising trading volume, the Budapest Stock Exchange (BSE) stock index, the BUX, rose this week, closing at 137,625.54 points on Friday – up 1.40%, or 1,900.86 points, from the previous week’s closing level. Weekly trading volume on the stock market was HUF 155.1 billion, up from HUF 101.9 billion the previous week; leading stocks […]
This Wednesday, President Donald Trump of the United States and President Masoud Pezeshkian of Iran signed a memorandum of understanding aimed at ending the military conflict between the two countries. The agreement includes the reopening of the Strait of Hormuz, which could also ease the pressure on the global economy. This development is likely to […]
