The European Commission (EC) expects Hungary's GDP growth to accelerate to 1.8% in 2026 and 2.1% in 2027 on domestic demand and a recovery in exports, a spring forecast released on Thursday shows. GDP growth is set to pick up from 0.5% in 2025, "underpinned by domestic demand and exports, as well as improved confidence", […]
The leasing market continued to expand in Hungary in the first quarter of 2026, with both the volume of new financing and the number of contracts on the rise, the Hungarian Leasing Association told MTI on Tuesday. The total value of new financing approached HUF 222 billion, representing a 6% year-over-year increase. The number of […]
Meeting the criteria necessary for joining the eurozone is in Hungary's interest, but adopting the common currency should not be seen as "an end in itself," Mihály Varga, the governor of the National Bank of Hungary (MNB), said at a conference in Budapest. Opening the 11th Lámfalussy Conference, Mihály Varga said the time for Hungary […]
General government consolidated gross debt at nominal value was 77,9% of GDP, amounting to HUF 69,012 billion, at the end of 2026 Q1. According to preliminary financial accounts data, general government net lending was equal to -5.6% (HUF -4,964 billion) of Hungary’s GDP in the four quarters to 2026 Q1. General government net lending amounted […]
According to a survey conducted by the GKI Economic Research Co. – with the support of the EU –, public expectations improved significantly, to levels not seen in 5.5 years. The GKI Consumer Confidence Index increased by 16.1 points. Such a positive monthly shift has never been seen in the more than 30-year history of […]
The stock index of the Budapest Stock Exchange (BSE), the BUX, fell 2.12% this week compared to last Friday’s close, MTI reports. Total trading volume for the week fell by HUF several billion to HUF 114.1 billion, down from HUF 120.6 billion the previous week. The BUX started the week weakly, closing in the red […]
The volume of industrial production in Hungary grew by 6.7%, based on working-day adjusted data it rose year-on-year by 3.7% in March 2026, data released by the Central Statistical Office (KSH) shows. A production increase occurred in the great majority of the manufacturing subsections. According to seasonally and working-day adjusted data industrial output was 3.1% […]
Hungary's GDP growth could reach 1.8% in 2026 and accelerate to 2.6% in 2027, CIB Bank chief analyst Mariann Trippon said at a press conference. Mariann Trippon stated that consumption could drive growth, while investments stabilized. She added that the arrival of European Union funding would support investments from the autumn, at the earliest, and […]
The Budapest Stock Exchange (BÉT) share index, the BUX, ended the week at 134,545.20 points, up 0.57% compared to last Friday’s close. Total trading volume rose from HUF 96.26 billion to HUF 120.60 billion on a weekly basis, with leading stocks posting mixed results. Thanks to favorable international sentiment, the BUX closed higher on Monday, […]
Hungary's cash flow-based general government deficit reached HUF 3,849.8 billion at the end of April, 70.7% of the full-year target, the Ministry of National Economy said in a preliminary release of data. As reported by MTI, the central budget deficit reached HUF 3,743.4 billion and the social security funds were HUF 150.3 billion in the […]
Hungary's annualised consumer price index rose to 2.1% in April from 1.8% in the previous month, data released by the Central Statistical Office (KSH) show. Food prices rose 1.5%, but fell 0.9% excluding the price of eating out. Pork prices fell 8.5% and potato prices dropped 11.4%, but fresh fruit prices rose 7.0%. Household energy […]
Output of Hungary's industrial sector rose 6.7% year-on-year in March, a first reading of data released by the Central Statistical Office (KSH) on Wednesday shows. Output climbed 3.7% when adjusted for the number of workdays. Output increased in most branches of manufacturing, KSH said. Among the biggest, output in the computer, electronic and optical products […]
The head of the Hungarian Banking Association, Radovan Jelasity called for "more professional discourse" with economic policy makers at a conference organized by business news portal Portfolio. "The time has come again to become much, much more professional, and to acknowledge that economics also has its laws," he said. With the new government set to […]
Hungary's banking system is capable of boosting its lending to HUF 40,000 billion, National Bank of Hungary (NBH) governor Mihály Varga said at a conference organized by business news portal Portfolio on Tuesday. Local banks' liquidity position is stable and their lending capacity is sufficient, Varga told the conference on lending. The latest data from […]
After a period of relative stability, the Budapest Stock Exchange regained momentum following the parliamentary elections. The BUX index closed April at 133,787.99 points, representing a 10.2% increase compared to March. Stock market activity picked up even further, with trading volume exceeding the previous month’s level. In terms of the most popular stocks, OTP Bank, […]
