Following its three-year low in October, Hungary's GKI economic sentiment index (issued with the support from the EU) strengthened to its spring level in November. both business and consumer expectations improved in November.

According to the Hungarian people, corruption is an increasingly serious problem, while the number of those who believe that one can act against it is on the decline, the Global Corruption Barometer of Transparency International (TI) says about Hungary.

The Hungarian government aims to attract various important institutions of the European Union, as well as a larger group of western companies to Hungary from London, Economy Minister Mihály Varga told a pro-government newspaper.

Eurostat is maintaining the reservation on the quality of the data reported by Hungary in relation to the sector classification of Eximbank which needs to be reclassified inside the general government sector resulting in an increase in government debt.

The Hungarian Prime Minister’s cabinet chief, János Lázár announced at his regular weekly briefing this thursday that the country must find the wqys to be more competitive and catch up with Poland in the Visegrád Group.

After reaching its lowest point this year in August, the GKI economic sentiment index rose within the statistical margin of error in September 2016. That is according to the empirical survey conducted by Hungarian think tank GKI.

A new set of data are evidence that labour shortage is becoming an increasingly pressing problem in the Hungarian economy. The number of job vacancies grew by over 3,000 in the second quarter since the end of March 2016, portfolio.hu reports.

A law amendment changing the regulation of the excise tax on fuels will come into effect in Hungary in early September. In view of the current market developments, chances are high that the excise tax on both gasoline and diesel will rise as of October.

The volume of investments in the Hungarian economy was 20.3% lower in the second quarter of 2016 than in the same period of 2015, the Central Statistical Office (KSH) reported on Wednesday. Compared to the previous quarter investments were down 0.8%.

Hungarians working in foreign countries permanently or temporarily sent home less money last year than in the previous year, the business daily Világgazdaság said on Friday citing World Bank figures. The total transfer was 450 million dollars less than in 2014.

The Ministry for National Economy expects stagnating industrial output growth to be transitory in Huntary, as both order volume and industrial confidence indices are pointing to further expansion, Minister of State István Lepsényi pointed out.

Hungary's manufacturing industry has been facing a shocking shortage of labour as of Q3 2016, with more than 70% of the companies surveyed reporting that the lack of adequate workforce is a hindrance to production, portfolio.hu reports.

If the economic processes remain constant and productivity improves further Hungary’s accession to the euro area by the end of this decade "should not be groundless", Economy Minister Mihály Varga is quoted by portfolio.hu as saying .

The French-Hungarian Chamber of Commerce and Industry (CCI France Hongrie – FHCCI) has been serving the French business community in this country for a quarter of a century. Its President, Miklós Maróthy gave an interview to Diplomacy & Trade.

The volume of exports in euro terms was up 6.3% in May 2016, while imports grew 2.4% compared to May 2015, the Central Statistics Office is quoted by portfolio.hu. The foreign trade surplus was EUR 755 mn, setting a new record.