The value of exports in EUR terms was 28% and that of imports 33% larger in September 2022 than in the same period of the previous year. The balance of the external trade in goods deteriorated by EUR 570 million. Compared to the previous month, the level of export in goods increased by 15% and […]
Consumer prices were 21.1% higher on average in October 2022 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. In one month, consumer prices increased by 2.0% on average, the Central Statistical Office reports. In 12 months, compared to […]
In August 2022, the volume of export was 18% and that of import was 14% higher than in the same period of the previous year. The deficit was EUR 1.6 billion, the balance deteriorating by EUR 863 million year-on-year, the Central Statistical Office reports. Compared to July, the seasonally and working-day adjusted volume of export […]
The Budapest Stock Exchange (BSE) share index rose in falling turnover this week, closing at 41,053.71 points on Friday, 621.74 points, 1.54% higher than a week ago. The weekly turnover of the stock market was HUF 26.33 billion, compared to HUF 41.94 billion the previous week, with leading shares gaining. In a summary sent to […]
Industrial producer prices rose by 42.7% on average in September 2022 in Hungary, compared to one year earlier. Domestic output prices were 66.2% and non-domestic output prices 30.7% higher, the Central Statistical Office reports. The higher rate of increase in domestic output prices was owing to the larger proportion of the energy industry there, where […]
The Budapest Stock Exchange (BSE) share index rose this week, with the BUX closing at 39,603.36 points on Friday, up 65.73 points or 0.17% on the previous week, the state news agency MTI reported this Sunday morning along with a brief analysis. Weekly turnover on the stock market was HUF 31.11 billion, up from HUF […]
In August 2022 the volume of industrial production grew by 14.4% year-on-year. Based on working-day adjusted data production rose by 9.3%. Compared to crude data, the significant difference is due to the fact that there were two more working days in August 2022 than in the same month of the previous year, the Central Statistical […]
Consumer prices were 20.1% higher on average in September 2022 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. In one month, consumer prices increased by 4.1% on average, the Central Statistical Office reported this Tuesday. In 12 months, […]
The value of Hungarian exports in EUR terms was 37% and that of Hungarian imports 41% larger in August 2022 than in the same period of the previous, pandemic year, the country’s Central Statistical Office reported this Monday. The balance of the external trade in goods deteriorated by EUR 582 million. Compared to the previous […]
The stock index of the Budapest Stock Exchange (BSE) rose this week amid falling turnover, closing at 39,537.63 points on Friday, up 4.49% on the previous week, or 1,699.33 points, the state news agency MTI reported this Sunday morning along with a brief analysis. The weekly turnover on the stock market was HUF 30.3 billion, […]
In July 2022, the volume of Hungarian exports was 1.3% lower while that of import was 1.5% higher than in the same period of the previous year. The deficit was EUR 1.3 billion, the balance deteriorating by EUR 1.1 billion compared to a year earlier, the Central Statistical Office (KSH) reports. Compared to June, the […]
The Budapest Stock Exchange's (BSE) share index, the BUX, closed Friday at 37,838.30 points, 819.11 points or 2.12% lower than the previous week, the state news agency MTI reported this Sunday morning along with a brief analysis. Weekly turnover on the stock market was HUF 47.5 billion, down from HUF 47.9 billion the previous week, […]
According to preliminary data, the deficit of the general government sector in the 1st half of 2022 was HUF 893 billion, 2.8% of GDP. The balance improved by HUF 627 billion, or by 2.9 percentage points as a proportion of GDP compared to the same period of the previous year. In the 1st half of […]
At its meeting this week, the Monetary Council of the National Bank of Hungary (MNB) reviewed the latest economic and financial developments and decided to raise the central bank base rate with 125 basis points to 13.00% with effect from September 28, 2022. Experts recall that the last time the base rate was this high […]
Business and consumer expectations in Hungary deteriorated for the fourth month in a row in August. In the case of consumer expectations, this continued in September, whereas the business confidence index slightly increased, although it was noticeably below its July level. According to the empirical survey conducted by GKI Economic Research Co. with the support […]
