On Friday evening, Fitch Ratings left Hungary's debt rating at BBB, but downgraded its stable outlook to negative. This concludes the series of reviews for 2025, with the major credit rating agencies expected to review Hungary again next spring, the business website portfolio.hu reports. The following factors are behind the rating and outlook: (1) Fitch […]

The volume of industrial production lagged behind the one year earlier level by 2.7% in October 2025. Output also fell 2.7% when adjusted for the number of workdays. According to seasonally and working-day adjusted data, industrial output was 0.5% higher than in September 2025. Production volume decreased in the great majority of the manufacturing subsections […]

Hungary is heading into 2026 with the uncomfortable feeling of déjà vu: another year where growth is possible on paper but hard to spot in real life. A fresh research note from ING Bank Hungary warns that the country’s disappointing third-quarter performance in 2025 has exposed structural weaknesses that are likely to drag on next […]

There are between 100 and 110 Danish subsidiaries in Hungary and these companies employ over 20,000 people altogether, while in bilateral trade, Hungary has a surplus, Dániel Péter, Commercial Advisor at the Danish Embassy tells Diplomacy&Trade. He also details the activities of The Trade Council that assists Danish companies with export and investment promotion services. […]

Hungary's GDP rose 0.6% in the third quarter compared to the same period a year earlier, the Central Statistics Office (KSH) confirmed in a second reading of data on Tuesday. Services boosted GDP by 0.9 percentage points, while the construction sector added 0.1 percentage points to growth. Industry weighed 0.3 percentage points and the farming […]

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 53.4 points in November, climbing from 51.2 in the previous month, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday. The PMI stayed over the 50-point threshold, signalling an expansion in the manufacturing sector. Among the PMI sub-indices, the new orders index rose […]

Hungary had a EUR 713 million trade surplus in goods in October, data released by the Central Statistics Office (KSH) on Monday show. Exports inched down 0.9% year-on-year to EUR 12.844 billion. Imports edged up 0.6% to EUR 12.131 billion. Trade with other European Union member states accounted for 75% of Hungary's exports and 71% […]

Amid growing turnover, the Budapest Stock Exchange (BÉT) share index rose during the week, closing at 109,453.39 points on Friday, 2.05% higher than a week earlier. Weekly turnover was HUF 135.58 billion, following HUF 88.57 billion the previous week, with leading shares strengthening, except for Mol. On Wednesday, the BUX closed at 109,827.02 points, up […]

Factory gate prices in Hungary rose 1.8% year-on-year in October, data released by the Central Statistics Office (KSH) on Friday show. Prices for domestic sale edged up 0.9% and export prices climbed 2.2%. Domestic prices of the manufacturing sector, which have a 62.7% weight in the PPI, rose 0.6% year-on-year. Domestic energy prices, which account […]

Hungary's general government deficit reached HUF 3,667.7 billion at the end of October, 72.6% of the full-year target, the Ministry of National Economy confirmed in a detailed reading of data quoted by MTI on Monday. The report noted the deficit target of the general government, corresponding to a 3.7% ESA deficit target in the adopted […]

The Budapest Stock Exchange (BSE) share index, the BUX, closed at 107,255.57 points on Friday, down 309.98 points or 0.29%, according to MTI. The stock market turnover was HUF 21.8 billion, with leading shares weakening compared to the previous day's close, with the exception of OTP. Both the BUX index and leading shares closed the […]

Investment volume in Hungary declined 3.8% year-on-year in the third quarter, data released by the Central Statistical Office (KSH) on Friday show. The KSH data, reviewed by MTI, reveal that, adjusted for seasonal effects, investment volume dropped 4.1%. Investment volume in the logistics and manufacturing sectors contributed the most to the headline decline, KSH said. […]

In a market where real estate prices were already climbing faster than anywhere else in the European Union, Hungary’s residential property boom accelerated even more in recent months and that has raised serious red flags for the country’s central bank. According to preliminary data from the central bank, home prices in Budapest surged by 30% […]

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at 6.50% at a monthly policy meeting on Tuesday. The Council also left the O/N deposit rate at 5.50% and the O/N collateralised loan rate at 7.50%. The rates mark the ends of the central bank's […]

News of the bank tax increase caused OTP Bank shares to plummet, dragging down the entire BUX with them, resulting in a slight decline in the Budapest Stock Exchange (BÉT) share index, the BUX, despite increasing turnover during the week: nn Friday, the BUX closed at 107,297.46 points, down 0.01%, or 9.20 points, from a […]