On an annual basis, Hungarian GDP stagnated in the first quarter of 2025 according to raw data, the National Bank of Hungary (MNB) says in its quarterly report published this Wednesday. From the monthly indicators, industrial production stagnated, construction output declined by 3.4% and retail sales rose by 0.4% on an annual basis in March. […]

Consumer prices were 4.4% higher on average in May 2025 than a year earlier, according to official figures by the Central Statistical Office (KSH). Compared to April, prices went up by 0.2% on average, KSH points out. In 12 months, compared to May 2024:A price increase of 5.9% (4.5% excluding food and beverage serving services) […]

In April 2025, the volume of retail trade in Hungary was 6.8% higher in raw data, or 5.0% higher in calendar (and Easter effects) adjusted terms, than in the same month of the previous year. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 3.7% in specialized and non-specialized food […]

The volume of Hungary’s gross domestic product stagnated according to raw data and was 0.4% lower according to seasonally and calendar adjusted and reconciled data in the 1st quarter of 2025 than in the corresponding period of the previous year, the Hungarian Central Statistical Office reports. Compared to the previous quarter, the economic performance lessened […]

In April 2025, industrial producer prices were on average 7.9% higher in Hungary than a year earlier. Domestic sales prices exceeded April 2024 values by 3.9%, while export sales prices exceeded them by 9.9%. The price increase was mainly due to the annual weakening of the forint against the euro and the increase in production […]

Service exports calculated in EUR decreased by 3.6%, and imports by 2.6% in the 1st quarter of 2025, compared to the same period of the previous year. The surplus reached EUR 2.2 billion, EUR 141 million less than in the 1st quarter of 2024, the Central Statistical Office (KSH) reported this Friday. Export value lessened […]

Hungary’s central bank has decided to maintain its key interest rate at 6.5%, marking the eighth consecutive month without any changes. This move comes as policymakers remain focused on combating persistent inflation expectations, despite mounting challenges for the country’s export-driven economy. The decision to hold the benchmark rate steady was in line with expectations, with […]

The Budapest Stock Exchange's (BSE) share index, the BUX, ended the week down 1.69% on last Friday, falling by 1,639.07 points to 95,426.77 points. Total turnover rose from HUF 91.867 billion to HUF 112.652 billion on a weekly basis, with leading shares weakening. Magyar Telekom bought own shares from the leading issuers during the week: […]

The volume of investments in the Hungarian economy was 12.1% lower according to raw data in the 1st quarter of 2025 compared to the same period of the previous year, the country's Central Statistical Office (KSH) reports. Compared with the previous quarter, based on seasonally adjusted data, the value of investments lessened by 3.4% at […]

Consumer prices in Hungary were 4.2% higher on average in April 2025 than a year earlier, the Central Statistical Office reported this Wednesday. Compared to March, consumer prices went up by 0.2% on average. In 12 months, compared to April 2024:A price increase of 5.4% was recorded for food, within which 26.9% for eggs, 23.7% […]

Hungary’s Fiscal Council has voiced sharp concerns over the government’s 2026 draft budget, warning that it is built on overly optimistic economic forecasts and fraught with multiple financial risks. The Council pointed to low fiscal reserves, uncertainty over EU funding, and the potential impact of an intensifying US-led trade war as key vulnerabilities. The government, […]

On May 1st, Hungary marked the 21st anniversary of its accession to the European Union. While EU membership offers a host of economic advantages — such as tariff-free exports within the bloc, increased foreign direct investment, and free movement of labour — perhaps the most tangible benefit lies in the direct financial support from Brussels. […]

The volume of industrial production in Hungary remained in March 2025 at the level of the same month of the previous year, while, based on working-day adjusted data, it lessened by 5.4%. That is according to the country's Central Statistical Office (KSH). Compared to crude data, the significant difference is due to the fact that […]

Hungarian businesses have settled into an uncertain economic environment, according to a recent business survey by the German-Hungarian Chamber of Industry and Commerce (DUIHK), with both the general economic situation and the company's own business assessments looking gloomy in the long term, the president of the chamber, András Sávos, said at a press conference in […]

In March 2025, the volume of retail trade was 0.4% lower in raw data, or 0.4% higher in calendar (and Easter effects) adjusted terms, than in the same month of the previous year, the Hungarian Central Statistical Office reports. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 1.2% in […]