Stable diplomatic relations have brought tangible economic benefits, while key areas of business cooperation between the two countries have further expanded. That is according to Government Commissioner and CEO of the Hungarian Investment Promotion Agency (HIPA), following last week’s Hungarian–U.S. meetings in Washington, D.C. The CEO was part of the Hungarian government delegation there. He […]

Hungary's general government deficit reached HUF 3,667.7 billion at the end of October, 76.8% of the full-year target, the Ministry of National Economy said in a preliminary release of data on Monday. The deficit in the budget is over 16% larger compared to October last year. The central budget gap reached HUF 3,616.2 billion and […]

The Budapest Stock Exchange (BÉT) share index, the BUX, changed little compared to last Friday's close, ending the week down 13.25 points, or 0.01%, at 107,306.66 points. Total turnover decreased from HUF 112.213 billion to HUF 93.495 billion on a weekly basis, with leading stocks performing mixed. In its weekly summary, Equilor Plc. highlighted the […]

Hungary is limping toward next year’s general election with growth stuck near zero, fragile confidence, and a worsening inflation outlook. Industry weakness, labor-cost pressures, and election-year fiscal constraints leave little room for policy error, and few signs, yet, of a self-sustaining recovery. Third-quarter GDP posted no quarter-on-quarter growth, a negative surprise that “keeps the economy […]

According to seasonally and calendar adjusted data, the volume of retail sales remained unchanged compared to the previous month in Hungary. In January–September 2025, the volume of sales – also according to calendar adjusted data – was 2.8% higher than in the corresponding period of the previous year, the Central Statistical Office reports. In September […]

The volume of industrial production exceeded the one year earlier level by 1.3%, while based on working-day adjusted data it declined year-on-year by 1.5% in September 2025. According to seasonally and working-day adjusted data, industrial output was 1.3% higher than in August 2025. Production volume decreased in the majority of the manufacturing subsections compared to […]

The Budapest Stock Exchange (BÉT) share index rose amid growing turnover this week, with the BUX closing at a historic high of 107,319.91 points on Friday, up 3,137.08 points, or 3.01%, from the previous week's three-day trading. Weekly turnover amounted to HUF 112.21 billion, compared to HUF 56.86 billion in the previous week's three days […]

As the world races to decarbonize, a new report from the global research firm Wood Mackenzie delivers a sobering message: the goal of reaching net-zero emissions by 2050 is slipping out of reach. Surging power demand, driven by artificial intelligence, electrification, and industrial recovery, combined with geopolitical instability, is pushing global warming toward 2.6°C by […]

The surplus was EUR 589 million, the balance decreased by EUR 297 million, year-on-year. The volume of export increased by 0.5% compared to the same period of the previous year, that of import grew by 8.4%, the Central Statistical Office (KSH) reports. The seasonally and working-day adjusted export volume decreased by 2.4% compared to August […]

The Budapest Stock Exchange (BSE) share index rose over the past three working days, with the BUX closing at 104,182.83 points on Wednesday, up 1,214.16 points or 1.18% compared to the previous Friday. Weekly turnover reached HUF 56.86 billion in three days, compared to HUF 75.29 billion in the previous week, with leading shares rising. […]

The Hungarian Government Debt Management Agency (AKK) sold HUF 68.0 billion of securities at auction on Wednesday, HUF 18.0 billion more than planned. As MTI reports, AKK sold HUF 8.0 billion of discount twelve-month T-bills, cutting its original HUF 30.0 billion offer after primary dealers bid for just HUF 12.0 billion of the securities. Average […]

In September 2025, the average number of employed persons aged 15–74 in Hungary was 4,669,000. The number of unemployed persons was 218,000 and the unemployment rate was 4.5%, according to the country's Central Statistical Office (KSH). In the period July–September 2025, the average number of employed persons aged 15–74 was 4,679,000, 29,000 fewer than a […]

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.50% at a monthly policy meeting on Tuesday. The Council also left the O/N deposit rate at 5.50% and the O/N collateralised loan rate at 7.50%. The rates mark the ends of the central bank's […]

The Budapest Stock Exchange (BÉT) share index strengthened amid rising turnover this week, with the BUX closing at 102,968.67 points on Friday, up 977.91 points, or 0.96%, from a week earlier, according to MTI. Weekly turnover was HUF 75.29 billion, following HUF 60.87 billion the previous week, with leading shares declining except for OTP. Equilor […]

Hungarians are increasingly embracing digital payment methods, with 93% of the population now owning a bank card, according to new research by Gránit Bank. The study highlights the growing shift from cash to digital transactions, a trend mirrored across Europe. While traditional card payments remain the dominant method, one in ten Hungarian bank customers already […]