Construction output volume decreased by 8.1% in one year and by 5.2% compared to the previous month in Hungary. The volume of construction output in June 2022 fell short of the previous year’s level by 8.1%, according to raw data. Out of the main groups of construction, the output at construction of buildings decreased by […]

In June 2022, the volume of industrial production grew in Hungary by 1.5% year-on-year, the country’s Central Statistical Office reports. In the same month, also compared with a year earlier, industrial production grew by 2.4% in the euro zone and by 3.2% in the EU, according to data by Eurostat. In Hungary, decreases were recorded […]

Consumer prices in Hungary were 13.7% higher on average in July 2022 than a year earlier and the highest in twenty-four years. The largest price rises were measured for food and consumer durables year-on-year. The seasonally adjusted so-called core inflation was 16.7%, one of the highest in Europe. In one month, consumer prices increased on […]

The value of exports was 13% and that of imports 24% larger in EUR terms in June 2022 than in the same period of the previous year, The balance of external trade in goods declined by EUR 1.0 billion, the Central Statistical Office reports. Compared to the previous month, the level of goods exports decreased […]

Over the past seven years, Hungary has seen the largest increase in house prices among EU countries, according to data published by Eurostat. In the first quarter of this year, the price of new dwellings rose by 19% year-on-year, while the price of second-hand dwellings increased by 20%, with prices up by 7.3 and 4.8% […]

In June 2022, the volume of industrial production in Hungary grew 1.5% year-on-year. Based on working-day adjusted data, production rose by 4.8%. According to seasonally and working-day adjusted data industrial output was 0.6% higher than in May 2022, the Central Statistical Office reports. The volume of production grew in the largest weight representing subsections compared […]

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 […]

In May 2022, the volume of exports was 12% and that of imports 6.4% higher than in the same period of the previous year. The deficit was EUR 95 million, the balance deteriorating by EUR 166 million compared to a year earlier, Hungary's Central Statistical Office reports. Compared to April, the seasonally and working-day adjusted […]

Industrial producer prices went up by 35.0% on average in June 2022 in Hungary compared to one year earlier, the Central Statistical Office reports. Domestic output prices were higher by 44.6%, non-domestic output prices grew by 30.1%. The large difference is mainly due to the different weight of energy industry sales in the domestic and […]

In June 2022, the average number of employed persons aged 15–74 years was 4,739,000 in Hungary. Between April and June this year, the number of Hungarians working abroad increased by 13,000, the country’s Central Statistical Office reports.   In April–June 2022, compared to a year before, the number of employed persons was 74,000 more, at […]

In May 2022, the volume of industrial production grew by 9.4% year-on-year. Based on working-day adjusted data production rose by 3.4%, the Hungarian Central Statistical Office reports. Compared to crude data, the significant difference is due to the fact that there were two more working days in May 2022 than in the same month of […]

To coincide with World Population Day, the Hungarian Central Statistical Office (KSH) has launched the website of this year's census, which will take place between October 1 and November 28, the Office has announced. On the new online platform, the largest census of the entire Hungarian population, which surveys the most important characteristics of Hungarian […]

The number of nights spent by domestic guests at commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) increased – mainly due to the low base caused by the pandemic restrictions – more than one-and-a-half-fold in May 2022 compared to the same month of 2021, however, it was 22% below the […]

In May this year, the volume of industrial production in Hungary grew by 9.4% year-on-year, according to data published by the country’s Central Statistical Office. Based on working-day adjusted data, production rose by 3.4%. As for the significant difference, the Office points out that it is due to the fact that there were two more […]

Industrial producer prices increased by 32.3% on average in May 2022 compared to one year earlier. Domestic output prices were higher by 43.3%, non-domestic output prices grew by 26.7%, Hungary's Central Statistical Office reports. The rate of increase of prices was influenced principally by the hike in base material and energy prices and by the […]