The recovery of hospitality may continue in the coming months, supported by the strengthening of international tourism, which may also help the growth of gross domestic product (GDP) in the coming quarters, according to the tourism economic analysis of Gergely Suppan, senior analyst at Magyar Bankholding. The improvement in tourism will also support the balance […]

Retail sales in Hungary are down for the third month in a row. This is according to the latest report of the Central Statistical Office (KSH). On an annual basis, the volume of retail trade increased by 4.5% in June. Compared to May, the volume fell by 0.5%. After the May figure was also revised […]