The Budapest Stock Exchange's (BSE) share index, the BUX, fell by 519.20 points, or 0.90%, compared with the previous week's close, to 57,010.75 points, MTI reported Sunday morning along with a brief analysis. Total turnover rose from HUF 34.774 billion to HUF 35.452 billion. Despite the positive international investor sentiment, the BUX's rise stalled at […]

The surplus of the external trade in goods amounted to EUR 1.3 billion, the level of the external trade turnover increased by 13% on the export side, and grew by 8.1% on the import one, month-on-month, the Central Statistical Office (KSH) reports. The value of export declined by 5.1%, and that of import was 19% […]

The Budapest Stock Exchange (BSE) share index, the BUX, rose by 1.82%, or 1,022.67 points, to 57,337.64 points compared to the close of last week, MTI reported this week along with a brief analysis of the week’s trading. Total turnover fell from HUF 35.849 billion to HUF 29.234 billion, but this week the BSE held […]

The Hungarian government has set its sights on reducing the country's budget deficit to below the European Union's threshold of 3% of GDP in the coming year. Finance Minister Mihály Varga made the announcement while presenting the 2024 budget plan to Parliament this week. As part of their strategy, the Cabinet will ease taxes on […]

The stock index of the Budapest Stock Exchange (BSE) closed October at 56,035.15 points, up 0.4% compared to the end of September, the BSE announced on Thursday. The BUX reached its highest monthly value on 18 October with 57 075.3 points. Share turnover fell from HUF 263.7 billion in September to HUF 168 billion, with […]

The Budapest Stock Exchange (BSE) share index weakened slightly this week, with the BUX closing at 56,314.97 points on Friday, 0.04%, 23.53 points lower than a week earlier, MTI reported on Sunday morning along with a brief analysis. In the four-day trading week, the turnover of the stock market was HUF 35.84 billion, down from […]

The Monetary Council of the National Bank of Hungary (MNB) cut the base rate by 75 basis points to 12.25% at its interest rate decision meeting on Tuesday, and lowered the two sides of the interest rate corridor by the same amount. The Hungarian currency, the forint, immediately started to weaken. The MNB last raised […]

The stock index of the Budapest Stock Exchange (BSE) rose on the week, closing at 56,338.50 points on Friday, up 0.73% to 408.81 points from a week earlier, MTI reported this Sunday morning, along a brief analysis of the week’s trading. The stock market's weekly turnover was HUF 47.32 billion, up from HUF 39.33 billion […]

The stock index of the Budapest Stock Exchange (BSE) strengthened this week, closing at 55,929.69 points on Friday, 1.53% higher than a week earlier., MTI reported Sunday morning along with a brief analysis of the week’s trading. The weekly turnover of the stock market was HUF 39.33 billion, up from HUF 33.58 billion the previous […]

Industrial production in Hungary decreased by 5.3% in August this year according to this Friday's report by the country's Central Statistical Office (KSH) that also strikes a positive note by stating that the manufacture of transport equipment actually grew by 4.6%. The volume of industrial production declined in August 2023 by 5.3%, year-on-year. Based on […]

Consumer prices increased by 12.2% on average compared to same month of the previous year, prices of motor fuels rose significantly, food prices decreased compared to August, the Hungarian Central Statistical Office (KSH) reported this Tuesday. Consumer prices were 12.2% higher on average in September 2023 than a year earlier. In one month, consumer prices […]

The surplus of the external trade in goods amounted to EUR 708 million, while the level of the external trade turnover increased by 0.5% on the export side, and decreased by 0.9% on the import one, month-on-month, the Central Statistical Office reports. The value of export declined by 1.5%, and that of import was 19% […]

The Budapest Stock Exchange's (BSE) share index fell on a downward trend this week, closing at 55,087.04 points on Friday, 1.35% lower than a week earlier. The weekly turnover of the stock market was HUF 33.58 billion, down from HUF 57.78 billion the previous week, with the leading stocks, with the exception of Magyar Telekom, […]

Online retailing achieved a gross turnover of HUF 631 billion in the first half of this year, 8.8% more than in the same period last year, according to the digital retailing survey by market research company GKID and Mastercard. The summary, says web sales grew 7.7% in the first quarter and 9.8% in the second […]

In a strategic move to secure Hungary's support for increased financial assistance to Ukraine and the initiation of membership talks for Kyiv, the European Union is contemplating the release of frozen funds worth billions of euros, sources within the EU have revealed. The European Commission is currently preparing to unfreeze substantial EU funds allocated to […]