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Hungary

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Decreasing Industrial Production in Hungary

D&T
Mar 7, 2023

The volume of industrial production declined in Hungary in January 2023 by 0.2% year-on-year. Based on working-day adjusted data, production dropped by 3.2%, according to a report published this Tuesday by the Central Statistical Office (KSH). According to seasonally and working-day adjusted data industrial output was 5.1% lower than in December 2022. Out of the […]

BUX Index Fell This Week on Rising Turnover

D&T
Mar 5, 2023

The Budapest Stock Exchange (BSE) closed the week at 44,440.48 points, down 827.63 points or 1.83% from last week, MTI reported this Sunday morning along with a brief analysis of the week’s trading. Turnover on the Hungarian capital’s stock market rose from HUF 23.259 billion last week to HUF 36.495 billion this week, with most […]

Hungary's External Trade Deficit EUR 168 Mn, Improving

D&T
Mar 3, 2023

The deficit of the external trade in goods was EUR 168 million in December, the adjusted volume of export increased by 0.6, while that of import decreased by 5.0%, compared to November, the Central Statistical Office reports. In December 2022, the volume of export was 3.5% higher, while that of import was 1,0% lower than […]

Q4 2022: Investments Down in Hungary by 6.3%

D&T
Mar 1, 2023

In the 4th quarter of 2022 the volume of investments decreased by 6.3% compared to the same period of the previous year, and lessened by 5.5% compared to the previous quarter (seasonally adjusted), the Central Statistical Office reports. The investment volume has been shaped by a decrease in the budgetary, the households’ and also in […]

Economic Sentiment Index Continues to Rise Slowly

D&T
Feb 28, 2023

In February, both business and consumer expectations improved, but continued to reflect a poor mood. According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, consumers were still more pessimistic than they were in 2020, during the panic that started when the new coronavirus pandemic broke out. In […]

BUX Declined on Falling Turnover This Week

D&T
Feb 26, 2023

The stock index of the Budapest Stock Exchange (BSE) declined this week, closing at 45,268.11 points on Friday, down 358.81 points or 0.79% from a week earlier, MTI reported this Sunday morning along with a brief analysis. The weekly turnover of the stock market was HUF 23.26 billion, up from HUF 35.72 billion the previous […]

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 […]

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