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 […]
The Budapest Stock Exchange (BSE) stock index, the BUX, ended the week at 122,107.32 points, up 0.29% from last Friday’s close. Shares of three top companies (Mol, Magyar Telekom and Richter) lost value over the week while the price of OTP Bank shares increased. Commenting on Friday’s events at the stock exchange, András Takács, an […]
The Budapest Stock Exchange (BSE) stock index, the BUX, ended the week at 121,754.84 points, down 0.11% from last Friday’s close. Total trading volume fell from HUF 219.938 billion to HUF 159.641 billion on a weekly basis, with leading stocks posting mixed results. The BUX fluctuated sharply. In its weekly summary sent to MTI, Equilor […]
Output of Hungary's industrial sector fell 2.5% year-on-year in January, a detailed reading of data released by the Central Statistical Office (KSH) shows. Compared to the previous month, output was up 1.5% Output edged 0.3% higher when adjusted for the number of workdays. The detailed data show output of the automotive industry, Hungary's biggest manufacturing […]
Output of Hungary's construction sector dropped 11.4% year-on-year in January, data released by the Central Statistical Office (KSH) on Friday show. Construction sector output slipped 9.6% when adjusted for the number of workdays. Output of the buildings segment dropped 9.6%, while civil engineering output fell 14.5%. In absolute terms, construction sector output reached HUF 396bn […]
Consumer prices in Hungary rose by 1.4% year-on-year in February 2026, according to a new flash analysis by the National Bank of Hungary (MNB) of inflation development. Relative to the 2.1% observed in January, the annual growth rate of prices was down by 0.7 percentage points. Core inflation decreased to 0.6 percentage points and stood […]
Hungary's annualised consumer price index fell to 1.4% in February from 2.1% in the previous month, according to data released by the Central Statistical Office (KSH) on Tuesday show. Food prices edged up 0.2%, but fell 3.2% excluding the price of eating out. Margarine prices dropped 32.3%, the price of milk declined 17.0% and flour […]
Hungary's cash flow based general government deficit reached HUF 2,106.8 billion at the end of February, the Ministry of National Economy said in a preliminary release of data on Monday. 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 […]
The Budapest Stock Exchange (BSE) share index, the BUX, ended the week at 121,907.53 points, down 3.66% from last Friday's close. Turnover increased from HUF 135.24 billion to HUF 219.93 billion, with leading shares weakening, except for Mol. In its weekly summary, Equilor Investment Ltd. explained that energy prices had risen significantly worldwide due to […]
Output of Hungary's industrial sector fell 2.5% year-on-year in January, a first reading of data released by the Central Statistical Office (KSH) on Friday shows. Output edged 0.3% higher when adjusted for the number of workdays. Output fell in most branches of manufacturing, with increases in the computer, electronics and optical equipment and the electrical […]
Hungary's GDP rose 0.8% in the fourth quarter from the same period a year earlier, the Central Statistical Office (KSH) said in a second reading of data on Tuesday. The volume of Hungary’s gross domestic product was 0.8% higher according to raw data and 0.6% higher according to seasonally and calendar adjusted and reconciled data […]
Hungarian exports fell 4.5% year-on-year to EUR 11.468 billion in January but there was a slight EUR 12 million trade surplus with imports climbing 2.0% to EUR 11.456 billion, data released by the Central Statistical Office (KSH) on Monday show. Trade with other European Union member states accounted for 76% of Hungary's exports and 70% […]
The European Bank for Reconstruction and Development (EBRD) forecasts Hungary's GDP will grow by 2.0% in 2026 and 2.5% in 2027 in its latest Regional Economic Prospects report released on Thursday. EBRD left its growth forecast for 2026 unchanged from its previous report published in September. The Bank noted that industrial activity in 2025 remained […]
The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25bp to 6.25% at its policy meeting on Tuesday, MTI reports. The policy makers had not changed the key rate since September 2024. In a statement released after the meeting, the Council said that "favourable developments […]
