Government officials detailed the impact of measures by the former government widening the 2026 budget gap at a press conference on Wednesday. Finance Minister András Kármán put the "legacy" deficit at 8.3% of GDP, well over the former government's 3.7% target. A table released by the government shows campaign measures added the equivalent of 1.3% […]
Hungary's cash flow-based general government deficit reached HUF 3,382.2 billion at the end of June, 80.2% of the full-year target, the Finance Ministry said in a preliminary release of data on Wednesday. As MTI reports, the central budget deficit reached HUF 3,271.4 billion and the social security funds were HUF 214.6 billion in the red, […]
Hungary's annualised consumer price index fell to 1.7% to in June from 1.8% in the previous month, data released by the Central Statistical Office (KSH) on Tuesday, and reviewed by MTI, show. Food prices inched up 0.2%, but fell 2.4% excluding the price of eating out. Pork prices fell 10.9% and potato prices dropped 7.6%. […]
Hungary completed a EUR 3 billion issue of euro bonds on Monday, the Government Debt Management Agency (ÁKK) has said in a statement. As MTI reported Tuesday morning, ÁKK sold EUR 1.5 billion of a five-year bond and EUR 1.5 billion of a ten-year bond. The five-year bond had a yield of 3.62% and a […]
After parliamentary sessions on Monday and Tuesday and a cabinet meeting on Wednesday, the second half of the week will focus on Brussels and ECOFIN, finance minister András Kármán said on social media on Monday. The government will also take the final legal steps required by the European Union "to bring home the funds due […]
Output of Hungary's industrial sector edged down 0.4% year-on-year in May, a first reading of data released by the Central Statistical Office (KSH), and reviewed by MTI, on Monday shows. Output rose 5.4% when adjusted for the number of workdays. Output fell in most branches of manufacturing, KSH said. Among the biggest, output in the […]
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 […]
