The world economy is on the downturn phase right now. Almost all the developed countries, including EU members, will see their economy, say, stagnated for at least this year, mainly because of the various tariffs imposed on different countries and sectors by the Trump administration. That is how Senior Economist at the Center for Macroeconomics […]

The Budapest Stock Exchange (BÉT) share index, BUX, closed at 109,607.58 points on Friday, 0.63% higher than a week earlier. Weekly turnover was HUF 83.09 billion, following HUF 75.93 billion the previous week, with leading shares strengthening, except for Mol. Equilor Investment Ltd. highlighted in its weekly summary that, according to its analysts, OTP's 12-month […]

Construction output volume, based on both raw and calendar-adjusted data surpassed in October 2025 the one year earlier level by 9.7%. Among the main construction groups the construction of buildings expanded by 14.7%, that of civil engineering increased by 3.7%, the Central Statisical Office (KSH) reports. Based on seasonally and working day adjusted indices construction […]

The volume of industrial production in Hungary lagged behind the one year earlier level by 2.7% in October 2025. The working day adjusted index is equal to the non-adjusted one, the Central Statistical Office reports. A setback in production occurred in the great majority of the manufacturing subsections. According to seasonally and working-day adjusted data, […]

Fewer than 60,000 people — the richest 0.001% of the global population — now hold three times more wealth than the poorest half of humanity, according to the World Inequality Report 2026. It’s a comparison so extreme it barely seems real: a group small enough to fit inside a single football stadium commands more wealth […]

Construction sector orders are level with last year and show no sign of any marked expansion, although home construction could provide a boost, the head of industry association EVOSZ said at a general meeting on Wednesday. László Koji said that an EVOSZ survey showed that the revenue of 60% of construction companies declined in 2025, […]

Hungary's annualized consumer price index stood at 3.8% in November, down from 4.3% in October, according to data released by the Central Statistics Office (KSH) on Tuesday show. Food prices rose 3.2%, but increased just 0.6% excluding the price of eating out. The price of eggs jumped 11.2% and cooking oil prices climbed 10.1%, but […]

Hungary's general government deficit reached HUF 4,070.4 billion at the end of November, 80.5% of the full-year target, the Ministry of National Economy said in a preliminary release of data on Monday. The central budget gap reached HUF 3,904.0 billion and the social insurance funds were HUF 240.3 billion in the red, but separate state […]

The Budapest Stock Exchange (BÉT) share index, the BUX fell this week amid declining turnover, with the BUX closing at 108,922.07 points on Friday, down 0.49% or 531.32 points from a week earlier. Weekly turnover was HUF 75.93 billion, down from HUF 135.59 billion the previous week, with leading shares weakening except for Mol. On […]

On Friday evening, Fitch Ratings left Hungary's debt rating at BBB, but downgraded its stable outlook to negative. This concludes the series of reviews for 2025, with the major credit rating agencies expected to review Hungary again next spring, the business website portfolio.hu reports. The following factors are behind the rating and outlook: (1) Fitch […]

The volume of industrial production lagged behind the one year earlier level by 2.7% in October 2025. Output also fell 2.7% when adjusted for the number of workdays. According to seasonally and working-day adjusted data, industrial output was 0.5% higher than in September 2025. Production volume decreased in the great majority of the manufacturing subsections […]

Hungary is heading into 2026 with the uncomfortable feeling of déjà vu: another year where growth is possible on paper but hard to spot in real life. A fresh research note from ING Bank Hungary warns that the country’s disappointing third-quarter performance in 2025 has exposed structural weaknesses that are likely to drag on next […]

There are between 100 and 110 Danish subsidiaries in Hungary and these companies employ over 20,000 people altogether, while in bilateral trade, Hungary has a surplus, Dániel Péter, Commercial Advisor at the Danish Embassy tells Diplomacy&Trade. He also details the activities of The Trade Council that assists Danish companies with export and investment promotion services. […]

Hungary's GDP rose 0.6% in the third quarter compared to the same period a year earlier, the Central Statistics Office (KSH) confirmed in a second reading of data on Tuesday. Services boosted GDP by 0.9 percentage points, while the construction sector added 0.1 percentage points to growth. Industry weighed 0.3 percentage points and the farming […]

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 53.4 points in November, climbing from 51.2 in the previous month, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday. The PMI stayed over the 50-point threshold, signalling an expansion in the manufacturing sector. Among the PMI sub-indices, the new orders index rose […]