Hungary narrowly avoided slipping into recession in the second quarter of 2025, but fresh economic data and a downgraded growth forecast point to mounting challenges for Prime Minister Viktor Orbán ahead of next year’s general election. Gross domestic product rose by 0.4% in the April–June period, following a revised 0.1% contraction in the first quarter, […]

Industrial producer prices were 5.1% higher on average in Hungary in June 2025 than one year earlier. Domestic output prices were 3.3% and non-domestic ones 6.0% higher than in June of the previous year. The price rise was primarily caused by the annual weakening of the HUF exchange rate against the EUR, as well as […]

The volume of Hungary’s gross domestic product grew by 0.1% according to raw data and by 0.2% according to seasonally and calendar adjusted and reconciled data in the 2nd quarter of 2025 than in the corresponding period of the previous year, the country's Central Statistical Office (KSH) reports. Compared to the previous quarter, the economic […]

The Budapest Stock Exchange's share index, the BUX, closed the week at a new historic high of 101,380.77 points, up 9.53 points or 0.01%, privatbankar.hu quotes an Equilor report sent to MTI. Total turnover fell from HUF 65.374 billion to HUF 48.255 billion on a weekly basis, with leading stocks performing mixed. Equilor Investment Ltd.'s […]

Hungary’s business sentiment took a sharp hit in July, plunging to levels last seen during the pandemic, in a further indication that the country’s economy may be teetering on the edge of another recession. Hungary’s business sentiment took a sharp hit in July, plunging to levels last seen during the pandemic, in a further indication […]

At its meeting on this Tuesday, the Monetary Council of the National Bank of Hungary (MNB) reviewed the latest economic and financial developments and decided not to change the central bank interest rates, leaving its base rate at 6.5%. According to the press release after the meeting, the primary objective of the National Bank of […]

Hungary’s economic recovery faced a fresh setback in May as wage growth fell to its slowest pace in more than two years, signaling weakening household purchasing power and raising doubts about a consumer-driven rebound ahead of the 2026 election. Data released this week by the Hungarian Central Statistical Office showed that average gross wages rose […]

The volume of industrial production lagged behind the one year earlier level by 2.6% in May 2024. The working day adjusted index is equal to the non-adjusted one, the Central Statistical Office (KSH) reports this Tuesday. Setbacks were measured in the great majority of manufacturing subsections, at the same time, production volume grew in the […]

Hungary continues to face entrenched inflationary pressures, with new data confirming that price growth remains stubbornly high despite regulatory efforts by the government. Analysts expect this volatile trend to continue in the months ahead. Inflation accelerated in June, driven by rising costs in food, household energy, and services—even as Prime Minister Viktor Orbán’s administration enforced […]

The audit of the National Bank of Hungary's (MNB) gold reserves has been completed; the 94.73 tons of gold reserves stored in Hungary are in perfect condition, the MNB announced on its Facebook page on Thursday. According to the announcement, central bank governor Mihály Varga, ordered the audit of the gold reserves after taking office, […]

In May 2025, the volume of retail trade in both raw and calendar-adjusted data was 2.1% higher than in the same month of the previous year in Hungary, the country's Central Statistical Office (KSH) reports. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 0.5% in specialized and non-specialized food […]

The Budapest Stock Exchange (BÉT) leading stock index, the BUX, exceeded the 100,000-point closing value for the first time, reaching a new historic milestone for the domestic stock exchange. The index, which started at 1,000 points in 1991 and has since grown a hundredfold, tracks changes in the prices of domestic stocks with the largest […]

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 […]