The gross domestic product of Hungary went down by 4.6% according to raw data and by 4.7% according to seasonally and calendar adjusted and reconciled data in the 3rd quarter of 2020 compared to the corresponding period of the previous year. However, data just released by the country's Central Statistical Office also suggest that compared to […]

In August 2020, the volume of Hungarian exports increased by 1.5% and that of imports was unchanged compared to the same period of the previous year, the country's Central Statistical Office reports. The surplus was EUR 272 million, the balance improved by EUR 257 million compared to August 2019. According to calendar-adjusted data, the export volume grew by 4.4% and the […]

The output volume of the construction industry in Hungary decreased by 13.6% in one year, and increased by 1.9% compared to the previous month. According to data released by the Central Statistical Office, the volume of construction output based on raw data was 13.6% lower in August 2020 compared to the previous year. Output decreased […]

In August 2020, the volume of industrial production declined in Hungary by 2.1% year-on-year, the country's Central Statistical Office (KSH) reports. The degree of fall was 34.8 percentage points lesser than the nadir of April. Based on working-day adjusted data, production dropped by 0.2%. The production decreased in the majority of the manufacturing subsections. However, […]