Consumer prices were 1.6% higher on average in September 2026 than in same month of previous year. Compared to August, prices were up by 0.2%. In 12 months, compared to September 2025: Food prices decreased by 1.3% (and by 4.6% excluding food and beverage serving services), within which the price of potatoes went up by […]

Hungary's general government deficit reached HUF 5,261.9 billion at the end of September, widening by HUF 92.8 billion in September alone, a preliminary release of data by the Finance Ministry on Monday shows. The ministry noted that pre-financing in August related to funding from the European Union's Recovery and Resilience Facility (RRF) had added HUF […]

Amid rising trading volume, the Budapest Stock Exchange (BSE) stock index fell this week; on Friday, the BUX closed at 140,050.08 points, down 7.42%, or 11,221.99 points, from the previous week. Weekly trading volume totaled HUF 259.7 billion, up from HUF 99.8 billion the previous week, while the prices of leading stocks declined. On Monday, […]

The rapid improvement in the outlook for Hungarian micro, small, and medium-sized enterprises – which characterized the second quarter – stalled in the third quarter, but SMEs remain optimistic in their forecasts, according to the latest data from K&H Bank’s SME Confidence Index. In its Saturday announcement, the bank stated that the index fell by […]

The most important domestic economic “story” of the coming years will be Hungary’s planned adoption of the euro; the economic and financial significance of adopting the common European currency is comparable to Hungary’s accession to the EU in 2004. The adoption of the euro is a strategic step that fundamentally determines the future framework of […]

In September, share turnover on the Budapest Stock Exchange’s spot equity market totaled HUF 566.6 billion, while the average daily trading volume rose to HUF 25.75 billion. The leading investment service providers remained unchanged, with Wood & Company, Concorde and Erste topping the rankings again in September, according to a BSE press release. International stock […]

Hungary had a EUR 481 million trade deficit in August, after months of surpluses, data released by the Central Statistical Office (KSH) on Wednesday show. Exports rose 15.8% year-on-year to EUR 12.044 billion. Imports climbed 28.6% to EUR 12.525 billion. Hungary's energy trade deficit reached EUR 691 million in August, widening from EUR 578 million […]

A total of 14,000 potential jobs are "in the pipeline" thanks to efforts by the government and the Hungarian Investment Promotion Agency (HIPA) to cooperate with interested parties, Áron Porcher, a state secretary at the Economy and Energy Ministry, said fielding questions in parliament on Monday. Porcher responded to a question by Dóra Dúró, an […]

Hungary’s Government Debt Management Agency (ÁKK) has raised its net issuance plan for 2026 from HUF 5,445 billion to HUF 8,717 billion because of a bigger than expected budget deficit and pre-financing for European Union funding that will not arrive from Brussels until December, ÁKK CEO Gergely Tardos told journalists on Monday. ÁKK has raised […]

K&H’s Large-Cap Growth Index stood at 5 points in the third quarter compared to the previous three months, down from 9 points in the second quarter; despite this correction, optimism in the corporate sector remained high, Tibor Bodor, head of K&H’s corporate division, said on Monday in Budapest at a press conference presenting the report. […]

Amid declining trading volume, the Budapest Stock Exchange (BSE) stock index (BUX) fell this week; on Friday, the BUX closed at 151,272.07 points, down 0.93% or 1,416.56 points from the previous week. Weekly trading volume totaled 99.81 billion forints, down from HUF 143.72 billion the previous week, as prices of leading stocks declined. On Monday, […]

National Bank of Hungary (MNB) vice president responsible for monetary policy, financial stability, and foreign exchange reserve management, Zoltán Kurali told the Reuters news agency that the Tisza government’s promise to meet the conditions for adopting the euro by 2030 means that Hungary could join the exchange rate mechanism (ERM-2), the euro’s “waiting room” by […]

At its September meeting, the Monetary Council of the National Bank of Hungary (MNB) left the base rate unchanged at 5.50%, marking the first time it has kept the benchmark rate steady following the interest rate cuts over the summer. The central bank announced that, effective January 1, 2028, it will lower its inflation target […]

Last year, nearly three billion electronic payment transactions were carried out in Hungary, up from 2.5 billion the previous year, while the proportion of users of electronic payment solutions and businesses accepting such transactions is also steadily rising. That is according to Miklós Luspay, Director of the Financial Infrastructures and Payment Systems Directorate at the […]

Amid rising trading volume, the Budapest Stock Exchange (BÉT) stock index strengthened this week; on Friday, the BUX closed at 152,688.63 points, up 0.11%, or 170.36 points, from the previous week. Weekly trading volume totaled HUF 143.7 billion, up from HUF 98.7 billion the previous week, with leading stocks posting mixed results. On Monday, in […]