Hungary's GDP rose 0.8% in the fourth quarter from the same period a year earlier, the Central Statistical Office (KSH) said in a second reading of data on Tuesday. The volume of Hungary’s gross domestic product was 0.8% higher according to raw data and 0.6% higher according to seasonally and calendar adjusted and reconciled data […]
Hungarian exports fell 4.5% year-on-year to EUR 11.468 billion in January but there was a slight EUR 12 million trade surplus with imports climbing 2.0% to EUR 11.456 billion, data released by the Central Statistical Office (KSH) on Monday show. Trade with other European Union member states accounted for 76% of Hungary's exports and 70% […]
The European Bank for Reconstruction and Development (EBRD) forecasts Hungary's GDP will grow by 2.0% in 2026 and 2.5% in 2027 in its latest Regional Economic Prospects report released on Thursday. EBRD left its growth forecast for 2026 unchanged from its previous report published in September. The Bank noted that industrial activity in 2025 remained […]
The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25bp to 6.25% at its policy meeting on Tuesday, MTI reports. The policy makers had not changed the key rate since September 2024. In a statement released after the meeting, the Council said that "favourable developments […]
Investment volume in Hungary slipped 1.3% year-on-year in the fourth quarter, data released by the Central Statistical Office (KSH) on Monday show. Adjusted for seasonal effects, investment volume dropped 1.7%. Investment volume in the manufacturing and public administration sectors contributed the most to the headline decline, KSH said. The fall was mitigated by rising investment […]
The Budapest Stock Exchange's leading share index closed with losses for the second week in a row. Among the leading shares, only OTP managed to strengthen. The Budapest Stock Exchange (BSE) share index fell amid declining turnover during the week, with the BUX closing at 125,733.91 points on Friday, down 0.97%, or 1,230.11 points, from […]
MOL group has turned to the Energy Ministry to free up the country's strategic crude reserves, the oil and gas company told MTI on Monday. The measure would allow MOL to maintain secure supply for the region, MOL said, adding that no deliveries of Russian crude through the Druzhba pipeline had arrived since January 27. […]
The Budapest Stock Exchange (BSE) share index, the BUX fell amid declining turnover this week, with the index closing at 126,964.02 points on Friday, down 2.36%, or 3,066.32 points, from the previous week. Weekly turnover was HUF 109.16 billion, down from HUF 152.96 billion the previous week, with leading stocks weakening during the week, with […]
Output of Hungary's industrial sector rose 1.8% year-on-year in December, the Central Statistical Office (KSH) confirmed in a second reading of data. Output fell 1.0% when adjusted for the number of workdays. The detailed data show output of the automotive industry, Hungary's biggest manufacturing sector, climbed 1.0%. The segment accounted for 21% of manufacturing output […]
Output of Hungary's construction sector climbed 8.9% year-on-year in December, MTI quotes data released by the Central Statistical Office (KSH) on Friday show. Construction sector output increased 6.5% when adjusted for the number of workdays. Output of the buildings segment climbed 8.4%, while civil engineering output increased 10.5%. In absolute terms, construction sector output reached […]
Hungary's annualized consumer price index fell to 2.1% in January from 3.3% in the previous month, data released by the Central Statistical Office (KSH) on Thursday show. Food prices edged up 1.3%, but fell 2.0% excluding the price of eating out. Margarine prices dropped 29.4%, the price of dairy products declined 17.9% and flour prices […]
Members of the Monetary Council of the National Bank of Hungary (MNB), MTI quotes the minutes from a monthly policy meeting in January. "Certain Council members highlighted that with declining inflation, rising real interest rates increased the room for manoeuvre for monetary policy," the minutes of the meeting on January 27 said. "They also agreed […]
Hungary's cash flow-based general government balance showed a HUF 32.3 billion surplus at the end of January, the Ministry for National Economy said in a preliminary release of data on Monday. The central budget finished the month with a HUF 98.6 billion deficit, but the social security funds had a HUF 91.7 billion surplus and […]
The Budapest Stock Exchange (BÉT) share index rose amid growing turnover this week, with the BUX closing at 130,030.34 points on Friday, 0.93% higher than a week earlier. Weekly turnover was HUF 152.9 billion, following HUF 139.9 billion the previous week, with the BUX closing at historic highs on Tuesday and Wednesday, while leading stocks […]
Output of Hungary's industrial sector rose 1.8% year-on-year in December, a first reading of data released by the Central Statistical Office (KSH) on Friday morning shows. However, output fell 1.0% when adjusted for the number of workdays. Output rose in the majority of the manufacturing subsections compared to the same month of the previous year, […]
