The Hungarian government will provide up to $443 million (150 billion forints) annually in interest subsidies to first-time homebuyers as part of a new housing support programme, Prime Minister Viktor Orbán’s administration announced this week. The measure, which comes less than a year before a high-stakes general election, is aimed at easing access to home […]

In May 2025, inflation rose to 4.4%, while core inflation fell to 4.8%. In the short term, partly mandatory, partly voluntary price restriction measures have a strong diminishing effect on inflation. At the same time, strong repricings can be observed in the pricing behaviors of companies, the National Bank of Hungary (MNB) reports on its […]

Facing rising economic challenges and a growing need for external financing, Hungary has returned to international debt markets with a major dollar bond sale, signaling a shift in fiscal strategy and a bid to reassure investors of its financial footing. The Hungarian government raised $4 billion through a three-part dollar bond sale this week, ramping […]

Hungary has once again been recognized as one of the most attractive destinations for FDI among emerging markets, according to the Hungarian Investment Promotion Agency (HIPA). In the 2025 edition of the global management consulting firm Kearney’s ranking of the 25 top emerging markets for FDI, Hungary advanced to 17th place, up from 22nd last […]

As a government institution, HEPA Hungarian Export Promotion Agency aims at providing high quality services in order to support the further export success of Hungarian enterprises and improve the country’s international image. The Agency works in close co-operation with other state-owned institutions of economic background. Its mission is to see more and more quality Hungarian […]

The volume of industrial production in Hungary lagged behind the one year earlier level by 5.0% in April 2025, based on working-day adjusted data, declined by 2.3%, the country's Central Statistical Office (KSH) reports. Production dropped in the great majority of manufacturing subsections, at the highest rate in the manufacture of electrical equipment. According to […]

Hungary’s inflation rate picked up in May for the first time in three months, highlighting the persistent challenge facing monetary policymakers even as headline figures suggest only modest price growth. The Central Statistical Office reported an annual inflation rate of 4.4%, up from 4.2% in April and slightly above economists' expectations. On a monthly basis, […]

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: […]