According to preliminary data the deficit of the general government sector in 2021 was HUF 3,736 billion, 6.8% of GDP. The balance improved year-on-year by HUF 25 billion, or by 1.0 percentage points as a proportion of GDP. Hungary's Central Statistical Office reported the data to Eurostat, the Statistical Office of the EU, in compliance […]

In February 2022, 6,068 children were born and 12,256 people died according to preliminary data published by the Central Statistical Office. In the last twelve months, between March 2021 and February 2022, the number of births diminished by 0.5%, while that of deaths increased by 7.6% and the number of marriages by 6.5% compared to […]

Consumer prices were 8.3% higher on average in Hungary in February 2022 than a year earlier, the country's Central Statistical Office reports. The last time inflation was as high in Hungary was in August 2007. The highest price rises over the last 12 months were measured for motor fuels as well as food. In one month, consumer prices […]

The volume of gross domestic product increased by 7.1% in Hungary in the 4th quarter of 2021 compared to the corresponding period of the previous year, the country’s Central Statistical Office reports. According to seasonally and calendar adjusted and reconciled data, the performance of the economy rose by 2.0% compared to the previous quarter and […]

In 2021, 19,898 new dwellings were built, 29% less than a year earlier. Based on issued dwelling construction permits and simple declarations, the number of homes to be built increased by 33% to 29,941 compared to 2020, the Central Statistical Office reports In Budapest, 7,038 dwellings were built, 11% more than in 2020. In all […]

Consumer prices were 7.9% higher on average in January 2022 than a year earlier. The last time the inflation was higher was in August 2007. The highest price rises over the last 12 months were measured for motor fuels as well as food. In one month, consumer prices increased by 1.4% on average, the Central […]

In December 2021, the volume of industrial production grew by 5.8% year-on-year. Based on working-day adjusted data production rose by 3.6%. According to seasonally and working-day adjusted data industrial output was 0.1% lower than in November 2021, the Central Statistical Office reports. Out of the manufacturing subsections production decreased only in the largest weight representing […]

In December 2021, the volume of sales in retail trade increased by 6.7% according to raw data and by 6.2% when adjusted for calendar effects compared to the same period of the previous year, Hungary’s Central Statistical Office reports. Calendar-adjusted sales volumes rose by 2.7% in specialized and non-specialized food shops, by 8.7% in non-food […]

The number of nights spent by domestic guests at commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) in Hungary increased – mainly due to the low base caused by the introduction of pandemic restrictions – more than two-and-a-half-fold in November 2021 compared to the same month of 2020. However, it was 36% […]

In October 2021, the volume of exports was 10% and that of imports 5.6% smaller than in the same period of the previous year. Compared to October 2019, the volume of external trade declined by 6.1% in exports and by 5.0% in imports. The deficit was EUR 302 million, the balance deteriorating by EUR 1.2 billion compared to a year earlier. […]

The volume of construction output in Hungary in October 2021 surpassed the previous year’s level by 14.5% according to raw data. Output was 19.7% higher in the construction of buildings and 9.7% larger in civil engineering compared to October of the pandemic year 2020. According to data published by the country's Central Statistical Office, in […]

Consumer prices were 7.4% higher on average in November 2021 than a year earlier. The last time the inflation was as high was in December 2007.  The highest price rises over the last 12 months were measured for motor fuels as well as alcoholic beverages and tobacco. In one month, consumer prices increased by 0.7% on average, […]

In October 2021, the volume of retail trade in both raw and calendar-adjusted data was 5.7% higher in Hungary than in the same month of the previous year, the country's Central Statistical Office reports. In October, calendar-adjusted sales volumes rose by 3.4% in specialised and non-specialised food shops, by 6.3% in non-food retailing and, as […]

In October 2021, 8,289 children were born and 11,252 people died according to preliminary data published this Thursday by the Central Statistical Office. Compared to October 2020, the number of live births was up by 3.1% and that of deaths decreased by 10%. 5,293 couples got married, which was 19% less than in the same month of […]

Consumer prices were 6.5% higher on average in October 2021 than a year earlier. Significant price rises were measured over the last 12 months for motor fuels as well as alcoholic beverages and tobacco. In one month, consumer prices increased by 1.1% on average, the Central Statistical Office reports. In 12 months, compared to October 2020: Food […]