In April 2023, the volume of sales in retail trade – along with a significant base effect - decreased by 13.6% according to raw data and by 12.6% when adjusted for calendar effects compared to the same period of the previous years. It is reported to be largest decrease in Europe. Calendar-adjusted sales volumes decreased […]
The stock index of the Budapest Stock Exchange (BSE) rose on rising turnover, closing at 47,869.61 points on Friday, up 296.26 points or 0.62% from a week earlier, MTI reported Sunday morning along with a brief analysis of the week’s trading. Weekly turnover on the stock market was HUF 69.1 billion, up from HUF 37.3 […]
In March 2023, the volume of Hungarian exports grew by 10% and that of imports by 1,6% compared to the same period of the previous year, the Central Statistical Office (KSH) has reported. The surplus of the external trade in goods was EUR 886 million, the balance improved by EUR 1.7 billion year-on-year. Compared to […]
In the 1st quarter of 2023, the volume of investments decreased by 2.8% compared to the same period of the previous year, and increased by 1.0% compared to the previous quarter (seasonally adjusted), the Hungarian Central Statistical Office reported. As noted by MTI, the investment volume has been shaped by a decrease in business activity. […]
The Budapest Stock Exchange's (BSE) share index, the BUX, ended the week at 47,573.35 points, up 2.12% to 985.96 points compared to last Friday's close, MTI reported this morning along with a brief analysis of the week’s trading. Turnover on the stock market rose from HUF 32.078 billion last week to HUF 37.376 billion, with […]
Although GKI’s economic sentiment index rose in May compared to April, it still did not reach its March level. Business expectations also remained worse than in March, despite an improvement in May. Consumer expectations deteriorated in May compared to April. However, according to the empirical survey conducted by GKI Economic Research Co. with the support […]
The Budapest Stock Exchange (BSE) share index, the BUX, closed Friday at 46,587.39 points, up 1.18% or 543.36 points, MTI reported Sunday morning along with a brief analysis of the weeks trading. The turnover of the stock market fell from HUF 39.022 billion to HUF 32.078 billion in a week, with the leading shares, except […]
Hungary’s gross domestic product (GDP) decreased by 0.9% according to raw data and by 1.1% according to seasonally and calendar adjusted and reconciled data in the 1st quarter of 2023 compared to the corresponding period of the previous year. Compared to the previous quarter, the economic performance diminished by 0.2% according to seasonally and calendar […]
According to raw data the volume of construction output in March 2023 lagged behind the previous year’s level by 9.8%, a higher output during the base period also played a part in this trend, the Central Statistical Office reports. Out of the main groups of construction the construction of buildings decreased by 13.2%, that of […]
The stock index of the Budapest Stock Exchange (BSE) declined on lower trading volumes, closing at 46,044.03 points on Friday, 286.69 points, 0.62% lower than a week earlier, MTI reported Sunday morning along with a brief analysis. The stock market's weekly turnover was HUF 39.02 billion, down from HUF 46.02 billion the previous week, with […]
In March, industrial production was 4.1% below the level of the corresponding month a year earlier, MTI reports based on data by the Hungarian Central Statistical Office (KSH). Adjusted for working day effects, production decreased by 4.0%, KSH confirmed in its second estimate on Friday. Production dropped in the majority of the manufacturing subsections, at […]
Consumer prices in Hungary in April were on average 24.0% higher than a year earlier. Over the past year, household energy and food prices rose the most, MTI reported on Wednesday based on data from the country’s Central Statistical Office (KSH). Compared to April last year, food prices rose by 37.9%, with dairy products (63.5%), […]
The Budapest Stock Exchange (BSE) share index rose in a four-day trading week, with the BUX closing at 46,330.72 points on Friday, up 3.37% to 1,508.51 points from a week earlier. The weekly turnover of the stock market for the four trading days was HUF 46.02 billion, up from HUF 37.98 billion the previous week, […]
The Budapest Stock Exchange (BSE) share index rose in the week, with the BUX closing at 44,822.21 points on Friday, up 1.64%, or 721.34 points, from the previous week's close, MTI reported Sunday morning with a brief analysis of the week’s trading. Turnover on the stock market was HUF 37.98 billion, up from HUF 21.09 […]
The decline in the number of firms continued in March, with nearly 5,000 fewer firms registered in Hungary than in December last year, and 30% fewer firms formed than closed in the same period. This means that the trend of declining company formation and more frequent company closures continues, the economic portal Piacesprofit.hu reports. Seasonally, […]
