The Hungarian currency, the forint fell to an all-time low value against the euro as the exchange rate exceeded HUF 400 for one euro. The Hungarian currency also sank to a historic low against the US dollar on Monday. Analysts expect further deterioration in the value of the forint. "On Friday, the euro/forint exchange rate […]
The Budapest Stock Exchange's (BSE) share index, the BUX, closed the week down 5.70% at 38,950.67 points, or 2,353.69 points, compared to last Friday, according to a summary published by the state news agency MTI Sunday morning. There were only four trading days during the week due to Pentecost, but even so, the drop in […]
Shortage of raw materials has closely caught up with labor shortages among the factors hindering the operation of firms, with 26% of small and medium-sized enterprises (SMEs) struggling with the former and 33% with the latter in the first three months of this year, according to the first quarterly results of the K&H SME Confidence […]
In May, consumer prices were on average 10.7% higher in Hungary than a year earlier. Over the past year, food and consumer durables have seen the biggest price increases. Consumer prices rose by an average of 1.7 % in one month, the country's Central Statistical Office reports. In 12 months, compared to May 2021:A price […]
The stock index of the Budapest Stock Exchange (BSE) rose on a downward trend this week, closing at 41,304.36 points on Friday, up 6.88% on the previous week's close of 2,659.79 points, the state news agency MTI reported on Sunday morning. Turnover fell from HUF 132.69 billion the previous week to HUF 99.98 billion, with […]
Industrial producer prices were 28.8% higher on average in Hungary in April 2022 than a year earlier. Domestic output prices were up by 42.6% and non-domestic output prices by 21.8%, the Central Statistical Office reported this Tuesday. The rate of increase of prices was influenced principally by growths in base material and energy prices as […]
The Budapest Stock Exchange's (BSE) share index, the BUX, closed at 38,644.57 points on Friday, down 7.50% or 3,134.91 points on the previous week. Although turnover rose from 68.31 billion forints the previous week to 132.69 billion forints, leading stocks weakened on the week, the state news agency MTI reported on Sunday morning. Equilor Investment […]
After improving by eight points in April, the GKI economic sentiment index fell by five points in May. This is a very significant fluctuation, but the May figure is about the same as a year earlier. According to the empirical survey conducted by GKI Economic Research Co. with the support of the EU, business expectations […]
The Budapest Stock Exchange's (BSE) share index, the BUX, rose to 41,779.48 points on Friday, up 523.78 points or 1.27% on the previous week, the state news agency MTI reported this Sunday morning. Weekly turnover fell from HUF 70.882 billion to HUF 68.313 billion, with leading shares performing mixed. The BUX saw significant fluctuations during […]
The Budapest Stock Exchange's (BSE) share index, the BUX, closed at 41,255.70 points on Friday, down 2.03% on the previous week at 852.93 points, the state news agency MTI reported this Sunday morning. Turnover rose from HUF 64.233 billion the previous week to HUF 70.881 billion, with only OTP among the leading shares showing some […]
According to the GKI Economic Research Institute, the population perceived a 22% rise in prices, compared to the official inflation figure of 9.5% in April, which is partly due to statistical reasons, but partly to the observation methodology, the research institute told the state news agency MTI. The researchers stressed that the perception of the […]
By the end of April, 83% of the full-year deficit of HUF 3,152.7 billion planned for the public finances had been reached in Hungary. The value of Hungarian exports was 8.7% and that of Hungarian imports 23% larger in EUR terms in March 2022 than in the same period of the previous year. According to […]
The Budapest Stock Exchange's (BSE) share index, the BUX, closed at 42,108.63 points on Friday, down 3.13% on the previous week's close, or 1,361.21 points, the state news agency MTI reported this Sunday morning. Turnover fell from HUF 71.247 billion the previous week to HUF 64.233 billion, with the leading shares, with the exception of […]
In March 2022, the volume of industrial production grew by 3.6% year-on-year. Based on working-day adjusted data production rose by 4.2%. However, according to seasonally and working-day adjusted data industrial output was 0.1% lower than in February 2022. According to a report published by the Central Statistical Office this Friday, the majority of the manufacturing […]
Industrial producer prices were 25.9% higher on average in Hungary in March 2022 than a year earlier. Domestic output prices were up by 39.4% and non-domestic output prices by 19.0%, the country's Central Statistical Office reports. The rate of increase of prices was influenced principally by rises in base material and energy prices as well […]
