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 […]

Trading on the Budapest Stock Exchange (BSE) was more volatile in April, in line with international trends, with the BUX index rising 3.4% on the previous month to close the month at 92,196.43 points, the BSE told MTI on Monday. It was pointed out that despite international uncertainty, April was a month of high turnover […]

Hungary's economy unexpectedly shrank in the first quarter as industrial weakness offset service sector gains, highlighting vulnerabilities in the export-dependent nation. Gross domestic product fell 0.2% from the previous quarter and remained flat year-on-year, the Budapest-based statistics office reported. The figures fell short of economists' expectations, with Bloomberg's survey having projected 0.4% growth for both […]

The volume of Hungarian exports surpassed the same period of the previous year’s level by 5.0%, that of import by 6.4% in March 2025. The surplus was EUR 1.8 billion, the balance grew by EUR 173 million, year-on-year, the country's Central Statistical Office (KSH) reports. The adjusted volume of export diminished by 0.3% compared to […]

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 country’s Central Statistical Office (KSH) reported on Wednesday. Compared to the previous quarter, the […]

At its meeting on April 29, 2025, the Monetary Council of the National Bank of Hungary (MNB) reviewed the latest economic and financial developments and decided to leave unchanged the central bank interest rates (base rate at 6.50% and the overnight deőposit rate at 7.50%) with effect from April 30, 2025. The National Bank of […]

Industrial producer prices in Hungary were 7.3% higher on average in March 2025 than one year earlier. Domestic output prices were 4.7% and non-domestic output prices 8.6% higher than in March in the previous year, the country's Central Statistical Office (KSH) reports. The price rise was primarily caused by the annual weakening of the forint […]

According to a survey conducted by GKI Economic Research Co. with the support of the EU, the GKI economic sentiment index edged upwards in April. Both consumer and business outlooks in Hungary showed a slight improvement compared to March. While firms’ employment intentions remained unchanged from the previous survey, the aggregate expectation regarding future sales […]

In March 2025, the average number of employed persons aged 15–74 was 4,701,000 in Hungary. The number of unemployed persons was 211,000 and the unemployment rate 4.3%, the Central Statistical Office (KSH) reports. In the period January–March 2025, the average number of employed persons aged 15–74 was 4,692,000. The number of employed persons was 2,493,000 […]