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Hungary

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BUX Index Fell This Week on Falling Turnover

D&T
Feb 19, 2023

The Budapest Stock Exchange (BSE) share index fell on a downward trend this week, with the BUX closing at 45,626.92 points on Friday, 380.19 points, 0.83% lower than a week earlier, MTI reported along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 35.72 billion, up from […]

Slight Growth of Economic Performance

D&T
Feb 14, 2023

Hungary’s gross domestic product increased by 0.4% according to raw data and by 0.9% according to seasonally and calendar adjusted and reconciled data in the 4th quarter of 2022 compared to the corresponding period of the previous year, the Central Statistical Office reports. Compared to the previous quarter, the economic performance diminished by 0.4% according […]

Industrial Production Up, Construction Output Down

D&T
Feb 13, 2023

In December 2022, the volume of industrial production grew by 2.0% while construction output volume decreased by 3.9% – both year-on-year – in Hungary, the country Central Statistical Office (KSH) reports. While the annual growth figure of industrial production was 2.0%, based on working-day adjusted data, production rose by 5.7%. As KSH explains, compared to […]

BUX Index Rose on Falling Turnover This Week

D&T
Feb 12, 2023

The Budapest Stock Exchange (BSE) share index rose this week on a declining trading volume, closing at 46,007.11 points on Friday, 610.78 points, 1.35% higher than a week earlier, MTI reported this Sunday morning along with a brief analysis. Weekly turnover on the stock market was HUF 43.91, up from HUF 55.39 billion the previous […]

Energy Consumption Down in Hungary

D&T
Feb 11, 2023

Energy consumption in Hungary decreased in December last year compared to the same month of the previous year, with natural gas consumption falling by 24% and electricity consumption by 8.2%, the Hungarian Energy and Public Utility Regulatory Authority (MEKH) said on the basis of data published on its website. According to the communiqué,  based on […]

27-Year Record Annual Inflation Rate in Hungary: 25,7%

D&T
Feb 10, 2023

Consumer prices were 25.7% higher on average in January 2023 in Hungary than a year earlier. The highest price rises were measured for electricity, gas and other fuels as well as food over the last twelve months, the country's Central Statistical Office reports. In one month, consumer prices increased by 2.3% on average. The annual […]

Improving but Still Large External Trade Deficit

D&T
Feb 9, 2023

The value of exports in EUR terms was 12% and that of imports 9.9% larger in December 2022 than in the same period of the previous year. The balance of the external trade in goods improved by EUR 204 million. Compared to the previous month, the level of export in goods decreased by 16% and […]

Industrial Production in Hungary Up by 2%

D&T
Feb 7, 2023

The volume of industrial production grew in December 2022 by 2.0% year-on-year in Hungary, the country’s Central Statistical Office reports. Based on working-day adjusted data, production rose by 5.7%. Compared to crude data, the significant difference is due to the fact that there were two less working-days in December 2022 than in December 2021, the […]

BUX Index Fell on Rising Turnover This Week

D&T
Feb 5, 2023

The Budapest Stock Exchange (BSE) share index fell in the week, closing at 45,396.33 points on Friday, down 2.68% or 1,249.08 points from a week earlier. The weekly turnover of the stock market was HUF 55.39 billion, up from HUF 38.95 billion the previous week, with the leading stocks ending the week lower, except for […]

Huge Deficit in the External Trade of Goods

D&T
Feb 1, 2023

In November 2022, the volume of export was 9.5% and that of import was 15% higher than in the same period of the previous year. The deficit was EUR 1 billion 415 million, the balance deteriorating by EUR 1 billion 372 million year-on-year, the Central Statistical Office reports. Compared to October, the seasonally and working-day […]

Industrial Producer Prices Increase by 34.9%

D&T
Jan 31, 2023

Industrial producer prices rose by 34.9% on average in December 2022 compared to one year earlier. Domestic output prices were up by 62.9% and non-domestic output prices by 20.7%, the Central Statistical Office reports. The faster growth in domestic output prices was due to the proportion of the energy industry, where a significant price increase […]

Slight Rise in the Economic Sentiment Index

D&T
Jan 31, 2023

In January, GKI’s economic sentiment index rose marginally, but for the third month in a row. According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, the overall improvement in the consumer confidence index during this quarter is still within the statistical margin of error and remains below […]

BUX Index Rose on Falling Turnover This Week

D&T
Jan 29, 2023

The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 46,645.41 points on Friday, 205.27 points, 0.44% higher than a week earlier, MTI reported this Sunday morning along with a brief analysis of the week’s trading. Weekly turnover on the stock market was HUF 38.95 billion, down from […]

BUX Index Rose on Falling Turnover This Week

D&T
Jan 22, 2023

The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 46,440.14 points on Friday, 0.74% higher than a week earlier, MTI reported along with a brief analysis Sunday morning. The weekly turnover of the stock market was HUF 46.19 billion, up from HUF 57.59 billion the previous week, […]

Construction Output Volume Up on Pandemic Base

D&T
Jan 16, 2023

According to raw data, the volume of construction output in Hungary in November 2022 surpassed the previous year’s level by 7.0%, the Central Statistical Office reports. Out of the main groups of construction the output of construction of buildings increased by 18.6%, that of civil engineering decreased by 6.9%. Based on seasonally and working day […]

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