Weekly trading volume on the stock market totaled HUF 130.11 billion, down from HUF 135.5 billion the previous week, with leading stocks on the rise, MTI reports. In its weekly summary, Equilor Investment Ltd. highlighted that Richter announced its dividend payment schedule, according to which the company will pay a dividend of HUF 655.4545 per […]
S&P Global Ratings affirmed its 'BBB-/A-3' long- and short-term foreign and local currency sovereign credit ratings on Hungary in a scheduled review, the outlook remains negative, MTI reports. "The negative outlook reflects our view of risks to Hungary's fiscal and economic stability over the next two years. Large budgetary deficits, high debt, and elevated interest […]
Hungary had a EUR 104 million trade surplus this April, data released by the Central Statisticals Office (KSH) and reviewed by MTI show. Exports rose 6.4% year-on-year to EUR 13.178 billion. Imports climbed 16.4% to EUR 13.074 billion. Trade with other European Union member states accounted for 74% of Hungary's exports and 69% of its […]
Industrial producer prices were 0.3% higher on average in Hungary in April 2026 than in the same period of the previous year. Domestic output prices increased by 2.2%, while non-domestic output prices lessened by 0.5% compared to April 2025, the country's Central Statistical Office (KSH) reports. Compared to the previous month, domestic output prices remained […]
Analyzing the prospects of adopting the euro, along with its potential advantages and disadvantages, a new research study examines the impact that Hungary’s joining the monetary union would have on domestic interest rates. In line with global and European trends, interest rates in Hungary remained low during the second half of the 2010s. The 10-year […]
The economic sentiment index improved in the eurozone and the European Union in May compared to the previous month, while it deteriorated in Hungary, according to final data released Thursday by the European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN). As MTI reports, the Economic Sentiment Indicator (ESI) improved to 93.5 points in […]
The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.25% at a monthly policy meeting on Tuesday, MTI reports. The Council also left the O/N deposit rate at 5.25% and the O/N collateralized loan rate at 7.25%. The rates mark the ends of the […]
According to the latest data from the National Bank of Hungary (MNB), Hungary’s international reserves rose above EUR 60 billion again in April, after foreign exchange holdings increased by more than EUR 2 billion. The reserve level strengthened following the decline in March. The value of gold reserves continues to react sensitively to movements in […]
The Budapest Stock Exchange’s leading index, the BUX, closed the week down, losing nearly 1.5% of its value. Most leading stocks weakened, with Richter and Mol performing particularly poorly. Meanwhile, flash reports from several large companies and a revision of OTP’s target price also moved the market, the business site penzcentrum.hu quotes MTI’s summary. Amid […]
When determining the sovereign ratings, the credit rating agencies also consider the World Bank’s World Governance Indicators (WGI), albeit with different weights. The WGI examines six institutional areas: freedom of speech and accountability, political stability, government effectiveness, regulatory quality, rule of law, and the development of corruption control. GKI Economic Research Institute examined how these […]
In its assessment of the current situation in Hungary, presented in London on Friday, Moody’s Ratings published an overall assessment stating that the affirmed "Baa2" rating is supported by the diversified Hungarian economy, which is delivering moderate growth, as well as Moody's expectation that relations between Hungary and the EU will improve under the new […]
Hungary's cash flow-based general government deficit reached HUF 3,849.8 billion at the end of April, 91.3% of the full-year target, a detailed report released by the Finance Ministry, and reviewed by MTI, on Friday shows. The central budget deficit reached HUF 3,743.4 billion and the social security funds were HUF 150.3 billion in the red, […]
The Hungarian economy is expected to grow by 1.4% this year and 2.2% next year, while average annual inflation could accelerate to 4.5% in 2027 from 3.2% this year, due to rising energy prices and the potential partial phasing out of certain price-capping measures, Erste Bank shared its latest forecast with MTI. The bank’s analysts […]
The volume of investments was 0.5% lower, according to raw data, in the 1st quarter of 2026 than in the same period of the previous year, the Central Statistical Office (KSH) reports. Compared with the previous quarter, the total value of investments – according to seasonally adjusted data – lessened by 0.4% at comparative prices. […]
The domestic wage level and minimum wage in Hungary put the country at the bottom of the European Union rankings – yet another challenge facing the new government that is getting settled. A new study looks at how much of an increase would remain economically sustainable. Between 2010 and 2019, domestic wages were characterized by […]
