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Hungary

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The BUX Index Rose in October

D&T
Nov 2, 2023

The stock index of the Budapest Stock Exchange (BSE) closed October at 56,035.15 points, up 0.4% compared to the end of September, the BSE announced on Thursday. The BUX reached its highest monthly value on 18 October with 57 075.3 points. Share turnover fell from HUF 263.7 billion in September to HUF 168 billion, with […]

BUX Index Slightly Down This Week Amid Falling Turnover

D&T
Oct 29, 2023

The Budapest Stock Exchange (BSE) share index weakened slightly this week, with the BUX closing at 56,314.97 points on Friday, 0.04%, 23.53 points lower than a week earlier, MTI reported on Sunday morning along with a brief analysis. In the four-day trading week, the turnover of the stock market was HUF 35.84 billion, down from […]

National Bank Cuts Base Rate by 75 Basis Points

D&T
Oct 24, 2023

The Monetary Council of the National Bank of Hungary (MNB) cut the base rate by 75 basis points to 12.25% at its interest rate decision meeting on Tuesday, and lowered the two sides of the interest rate corridor by the same amount. The Hungarian currency, the forint, immediately started to weaken. The MNB last raised […]

BUX Index Up on Rising Turnover This Week

D&T
Oct 22, 2023

The stock index of the Budapest Stock Exchange (BSE) rose on the week, closing at 56,338.50 points on Friday, up 0.73% to 408.81 points from a week earlier, MTI reported this Sunday morning, along a brief analysis of the week’s trading. The stock market's weekly turnover was HUF 47.32 billion, up from HUF 39.33 billion […]

BUX Strengthened This Week on Rising Turnover

D&T
Oct 15, 2023

The stock index of the Budapest Stock Exchange (BSE) strengthened this week, closing at 55,929.69 points on Friday, 1.53% higher than a week earlier., MTI reported Sunday morning along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 39.33 billion, up from HUF 33.58 billion the previous […]

Industrial Production Down in Hungary by 5.3%

D&T
Oct 13, 2023

Industrial production in Hungary decreased by 5.3% in August this year according to this Friday's report by the country's Central Statistical Office (KSH) that also strikes a positive note by stating that the manufacture of transport equipment actually grew by 4.6%. The volume of industrial production declined in August 2023 by 5.3%, year-on-year. Based on […]

Latest Official Inflation Rate in Hungary: 12.2%

D&T
Oct 10, 2023

Consumer prices increased by 12.2% on average compared to same month of the previous year, prices of motor fuels rose significantly, food prices decreased compared to August, the Hungarian Central Statistical Office (KSH) reported this Tuesday. Consumer prices were 12.2% higher on average in September 2023 than a year earlier. In one month, consumer prices […]

Surplus in Hungary's External Trade in Goods

D&T
Oct 9, 2023

The surplus of the external trade in goods amounted to EUR 708 million, while the level of the external trade turnover increased by 0.5% on the export side, and decreased by 0.9% on the import one, month-on-month, the Central Statistical Office reports. The value of export declined by 1.5%, and that of import was 19% […]

BUX Index Fell on Falling Turnover This Week

D&T
Oct 8, 2023

The Budapest Stock Exchange's (BSE) share index fell on a downward trend this week, closing at 55,087.04 points on Friday, 1.35% lower than a week earlier. The weekly turnover of the stock market was HUF 33.58 billion, down from HUF 57.78 billion the previous week, with the leading stocks, with the exception of Magyar Telekom, […]

Online Retail Gross Sales Up 8.8% in H1 2023

D&T
Oct 6, 2023

Online retailing achieved a gross turnover of HUF 631 billion in the first half of this year, 8.8% more than in the same period last year, according to the digital retailing survey by market research company GKID and Mastercard. The summary, says web sales grew 7.7% in the first quarter and 9.8% in the second […]

Hungarian Government Deficit 6.3% of GDP in H1 2023

D&T
Oct 3, 2023

According to preliminary data, the deficit of the general government sector in the 1st half of 2023 was HUF 2,296 billion, 6.3% of GDP. The deficit of the 2nd quarter was HUF 570 billion, 3.1% of GDP, the Central Statistical Office (KSH) reports. In the 1st half of 2023:The general government sector’s revenues were HUF […]

The Hungarian Stock Exchange Performed Well in September

D&T
Oct 2, 2023

After the outstanding close of the previous month, the BUX index held its form in September: the BSE's primary share index ended the month at 55,838.5 points, just over 55,000 points above the 55,000 mark, which represents an increase of just 0.1% compared to August, the financial portal portfolio.hu reports. The turnover of the spot […]

SME Sector Plans Slight Growth in Turnover and Profits

D&T
Oct 2, 2023

The domestic SME sector is planning slightly higher revenue and profit growth compared to the beginning of the year: on average, they expect an 8.6% revenue and 4.4% profit growth in the next year, according to the K&H SME Confidence Index 2023 second quarter survey, the results of which were released to MTI on Monday. […]

Surplus of the External Trade in Goods: EUR 559 million

D&T
Oct 2, 2023

The volume of export increased by 3.2% in July 2023, while that of import decreased by 5.4% compared to the same period of the previous year. The surplus was EUR 559 million, the balance improved by EUR 1.9 billion year-on-year, the Central Statistical Office reports. Compared to June, the seasonally and working-day adjusted volume of […]

BUX Index Rose on Falling Turnover This Week

D&T
Oct 1, 2023

The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 55,838.55 points on Friday, 0.84% higher than a week earlier. The weekly turnover of the stock market was HUF 57.78 billion, up from HUF 89.73 billion the previous week, with the leading stocks, with the exception of Richter, […]

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