The Budapest Stock Exchange (BSE) share index, the BUX, closed the week at 135,725.68 points, up 1.54%, or 2,053 points, from last Friday’s close. Total trading volume on the stock market fell to HUF 101.932 billion from HUF 121.467 billion the previous week, with leading stocks gaining ground, with the exception of Mol. Trading was […]
Output of the automotive industry, Hungary's biggest manufacturing sector, rose 8.0% year-on-year in April, a detailed reading of data released by the Central Statistics Office (KSH) on Friday shows. The automotive segment accounted for 27% of manufacturing output during the month. Output of the computer, electronics and optical equipment segment, which accounted for 13% of […]
Output of Hungary's construction sector rose 2.6% year-on-year in April, data released by the Central Statistical Office (KSH) on Friday show. Construction sector output increased at the same pace when adjusted for the number of workdays. Output of the buildings segment fell 6.2% but civil engineering output climbed 13.9%. In absolute terms, construction sector output […]
Hungary has officially submitted its recovery and resilience plan to the European Commission, a plan to amend certain laws necessary for accessing European Union funds withheld during the previous Hungarian administration. Amending those regulations will be on the agenda of Hungarian Parliament’s extraordinary session next Tuesday. “Bringing home EU funds” was one of the most […]
Despite better-than-expected first-quarter GDP data, growth in the Hungarian economy may be subdued this year, while inflation is likely to remain within the target range, according to the MBH Analysis Center’s Macroeconomic Outlook released on Wednesday. The analysis, reviewed by MTI, states that strong forint and easing inflation may provide room for monetary easing, while […]
Hungary's annualized consumer price index fell to 1.8% to in May from 2.1% in the previous month, according to data released by the Central Statistical Office (KSH) on Tuesday. Food prices inched up 0.5%, but fell 2.1% excluding the price of eating out. Pork prices fell 10.1% and potato prices dropped 2.6%, but fresh fruit […]
Hungary's cash flow-based general government balance showed a HUF 43.5 billion surplus in May, preliminary data released by the Finance Ministry, and reviewed by MTI, show. The surplus narrowed from a HUF 129.5 billion surplus in the same month a year earlier. The general government for the period January-May reached HUF 3,806.3 billion, 90.2% of […]
The Budapest Stock Exchange closed out a volatile week, with the BUX index ending trading down 0.70% at the end of a period marked by geopolitical tensions. While Mol and Magyar Telekom managed to gain ground, OTP and Richter saw their share prices fall in a market with slightly declining trading volume, the financial website […]
Fitch Ratings affirmed Hungary's 'BBB' long-term issuer default ratings with a negative outlook at a scheduled review, MTI reports. "Hungary's 'BBB' rating is supported by strong structural indicators, including GDP per capita well above the peer median. These strengths are balanced against high public debt, a record of unorthodox economic policies, vulnerability to energy prices, […]
According to seasonally and working-day adjusted data, industrial production increased by 0.9% year-on-year and declined by 1.1% compared to the previous month, a first reading of data released by the Central Statistical Office (KSH) on Friday shows. The Office points out that working-day adjusted index is equal to the non-adjusted one. Production volume decreased in […]
The European Commission said Hungary continues to face vulnerabilities related to high government debt and government financing needs, competitiveness, and home prices in a package of policy guidance for member states adopted on Wednesday. An in-depth look at of the Hungarian economy conducted by the EC earlier in 2026 showed an increase in state debt […]
The Organization for Economic Co-operation and Development (OECD) forecasts Hungary's GDP growth will accelerate to 1.6% in 2026 and 2.0% in 2027 in its latest Economic Outlook published on Wednesday. "A stronger than expected energy shock may deteriorate growth and fiscal prospects, but progress in the discussions around blocked EU funds may boost confidence and […]
Hungary had a EUR 2.463 billion surplus in trade of services in the first quarter, according to data released by the Central Statistical Office (KSH) and reviewed by MTI. Exports of services rose 4.5% year-on-year to EUR 8.753 billion. Imports of services climbed 4.8% to EUR 6.290 billion. The tourism surplus reached EUR 659 million, […]
Hungary's GDP rose 1.7% in the first quarter from the same period a year earlier, the Central Statistical Office (KSH) confirmed in a second reading of data released on Tuesday. Growth was the same when adjusted for seasonal and calendar year effects. Services lifted headline GDP growth by 1.4 percentage points, including a 0.5 percentage […]
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 50.2 points in May, edging down from 50.4 in the previous month, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) is quoted by MTI. The PMI remained over the 50-point threshold, signalling expansion in the manufacturing sector. Among the PMI sub-indices, the new orders index […]
