The volume of construction output based on raw data was 16.2% lower in October 2020 compared to the previous year. Output decreased in both main groups of construction: in the construction of buildings by 5.3%, in civil engineering by 26.5%. Based on seasonally and working day adjusted indices construction output increased by 1.3% compared to […]
In October 2020, the volume of industrial production grew by 0.6% year-on-year according to crude data. Based on working-day adjusted data production rose by 2.7%. The growth was 2.8% compared to the previous month according to seasonally and working-day adjusted data. The Central Statistical Office's report also says that industrial output in October this year […]
In October 2020, as a result of the coronavirus epidemic, international tourists spent 93% fewer tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels) compared to the same period of the previous year, the Central Statistical Office reports. Data published this Tuesday suggest that domestic guests spent 30% […]
The volume of gross domestic product went down by 4.6% in Hungary in the 3rd quarter of 2020 compared to the corresponding period of the previous year. According to seasonally and calendar adjusted and reconciled data the performance of the economy was 11.4% higher than in the previous quarter and 4.6% lower than in the corresponding […]
In the third quarter of 2020, Hungarian service exports and imports – calculated in euros – decreased by 33% and 31%, respectively, compared to the same period of the previous year. According to figures published by the country's Central Statistical Office, t he surplus was EUR 1,653 million, which is EUR 908 million less than in the […]
In the 3rd quarter of 2020, investments in Hungary decreased by 12% compared to the same period of the previous year and by 2.1% in comparison with the previous quarter. Based on raw data published by the Central Statistical Office, investments declined in most sections, however in relation with the pandemic situation in healthcare they […]
The gross domestic product of Hungary went down by 4.6% according to raw data and by 4.7% according to seasonally and calendar adjusted and reconciled data in the 3rd quarter of 2020 compared to the corresponding period of the previous year. However, data just released by the country's Central Statistical Office also suggest that compared to […]
Statistical figures published this Friday confirm what those involved in tourism have already experienced: as a result of the pandemic, aggravated by closing the country’s borders on September 1, international tourists spent 91% fewer tourism nights in commercial accommodation establishments in this country compared to the same period of the previous year. As the first […]
In September 2020, the volume of sales in retail shops decreased by 1.6% according to raw data and by 2.0% when adjusted for calendar effects compared to the same period of the previous year. Providing the details, a fresh report by the Central Statistical Office says that the volume of sales, adjusted for calendar effects, […]
In August 2020, the volume of Hungarian exports increased by 1.5% and that of imports was unchanged compared to the same period of the previous year, the country's Central Statistical Office reports. The surplus was EUR 272 million, the balance improved by EUR 257 million compared to August 2019. According to calendar-adjusted data, the export volume grew by 4.4% and the […]
The output volume of the construction industry in Hungary decreased by 13.6% in one year, and increased by 1.9% compared to the previous month. According to data released by the Central Statistical Office, the volume of construction output based on raw data was 13.6% lower in August 2020 compared to the previous year. Output decreased […]
In August 2020, the volume of industrial production declined in Hungary by 2.1% year-on-year, the country's Central Statistical Office (KSH) reports. The degree of fall was 34.8 percentage points lesser than the nadir of April. Based on working-day adjusted data, production dropped by 0.2%. The production decreased in the majority of the manufacturing subsections. However, […]
The volume of construction output, based on raw data, was 21.0% lower in July 2020 compared to the high base of the previous year. Output decreased in both main groups of construction: in the construction of buildings by 18.8%, in civil engineering by 22.9%. Based on seasonally and working day adjusted indices construction output increased […]
In July 2020, the volume of industrial production declined by 8.1% year-on-year. The degree of fall was 28.8 percentage point lesser than the nadir of April. Based on working-day adjusted data, production dropped by 7.7%. A report published this Friday by the Central Statistical Office suggests that the effects of the altered economic processes caused […]
In July 2020, the volume of industrial production in Hungary declined by 8.1% year-on-year. The degree of fall was 28.8% lesser than the nadir of April. Based on working-day adjusted data, production dropped by 7.7%. The effects of the altered economic processes, caused by the coronavirus epidemic, were still perceptible in this period, the Central […]
