The weakness of the domestic and German economies is reflected in the business sentiment of the member companies of the German-Hungarian Chamber of Industry and Commerce (DUIHK). According to company feedback, no noticeable acceleration in economic growth is expected for 2024. This is the conclusion of the latest economic report presented by the DUIHK, for […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week, with the BUX closing at 67,039.30 points on Friday, up 1,994.24 points or 3.07% on the week, MTI reported this Sunday with a brief analysis of the week’s trading. The stock market turnover for the week was HUF 67.084 billion, up from HUF […]

According to the empirical survey conducted by GKI Economic Research Co. with EU support, both businesses and households reported a somewhat less positive outlook in April than in March. Thus, GKI’s economic sentiment index decreased by 2 points, which is slightly smaller than the improvement in March (which was 3 points). The employment intentions of […]

The Monetary Council of the National Bank of Hungary (MNB) cut the key ECB interest rate by 50 basis points to 7.75%, and lowered the two edges of the interest rate corridor by the same amount at its interest rate decision meeting on Tuesday. At its most recent meeting in March, the board cut the […]

The Budapest Stock Exchange's (BSE) share index fell this week on rising turnover, with the BUX closing at 65,045.06 points on Friday, down 3.33% on the week to 2,244.01 points, MTI reported Sunday morning. The stock market turnover for the week was HUF 60.90 billion, down from HUF 58.04 billion the previous week, with the […]

The significant gold reserve strengthens the stability of the country, the economy and the image of the financial system, István Veres, Director of the National Bank of Hungary (MNB), wrote in a professional article published by the MNB on Friday, drawing attention to the fact that MNB has multiplied its gold reserve ahead of the […]

The Budapest Stock Exchange's (BSE) share index rose this week, closing at 67,289.07 points, a new all-time high of 761.66 points on Friday, 1.14 percent higher than a week earlier, MTI reported on Sunday morning. The stock market turnover for the week was HUF 58.04 billion, up from HUF 35.18 billion in the previous four-day […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week amid falling turnover, closing at 66,527.41 points on Friday, up 1,142.81 points, or 1.75%, from a week earlier, MTI reported Sunday morning, along a brief analysis of the week’s trading. Turnover on the stock market was HUF 35.18 billion, up from HUF 39.49 […]

The volume of Hungarian export in goods decreased by 3.3% in January 2024 and that of import declined by 8.2% compared to the same period of the previous year. The surplus was EUR 583 million, the balance improved by EUR 986 million year-on-year, the Central Statistical Office reported this Tuesday. Compared to December, the seasonally […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week on the back of falling turnover. The BUX closed at 65,384.60 points on Friday, 147.67 points, 0.23% higher than a week earlier, MTI reported this Sunday morning. Turnover on the stock market was HUF 39.493 billion, up from HUF 53.746 billion the previous […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week on the back of falling turnover. The BUX closed at 65,236.93 points on Friday, 248.60 points, 0.38% higher than a week earlier, MTI reported on Sunday, along with a Turnover on the stock market was HUF 53.75 billion, up from HUF 68.18 billion […]

In the ever-evolving landscape of global economies, the importance of economic competitiveness cannot be overstated. It is the cornerstone of a nation's ability to sustain growth, attract investment, and improve the living standards of its population. A nation's competitiveness is often a reflection of its efficiency, innovation, and the ability to leverage technology and human […]

The Budapest Stock Exchange (BSE) share index fell this week on rising turnover, closing at 64,988.33 points on Thursday, down 1,105.29 points or 1.67% from a week earlier, MTI reported this Sunday morning, along with a brief analysis of the week's trading. The turnover of the stock market for the four-week period was HUF 68.18 […]

Despite the unfavorable global economic environment, the majority of CEOs expect rising revenues and profit growth in 2024, EY said in a statement sent to MTI on Wednesday, based on the results of its latest international survey. According to the 21-country survey of 1,200 CEOs, 64% of CEOs expect rising revenues and 63% expect profits, […]

The stock index of the Budapest Stock Exchange (BSE) fell this week, closing at 66,093.62 points on Friday, 75.41 points or 0.11% lower than a week earlier, MTI reported this Sunday morning. The weekly turnover of the stock market was HUF 49.57 billion, compared to HUF 70.39 billion the previous week, with the leading stocks, […]