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Industrial Producer Prices Rose by 7.8% on Average in 2023

D&T
Jan 31, 2024

In 2023, domestic output prices rose by 25.4% and non-domestic output prices decreased by 0.7%, so industrial producer prices together were 7.8% higher than in 2022, the Central Statistical Office (KSH) reported this Wednesday. Industrial producer prices were 7.2% lower on average in December 2023 compared to one year earlier. Domestic output prices were cut […]

Number of Tourism Nights in Hungary Up by 13%

D&T
Jan 30, 2024

In December 2023, 1.1 million guests spent 2.7 million tourism nights at tourist accommodation establishments (commercial, private and other accommodation establishments). The number of guests was 16% higher and that of tourism nights 13% higher than a year earlier, the Central Statistical Office (KSH) reports. The number of nights spent by domestic guests increased by […]

Industrial Producer Prices Decrease by 6.6%

D&T
Jan 5, 2024

Industrial producer prices were 6.6% lower on average in November 2023 compared to one year earlier. Domestic output prices were cut by 1.9% and non-domestic output prices by 8.9%, the country's Central Statistical Office (KSH) reports. The development of industrial producer prices was influenced among others by the annual strengthening of the forint against the […]

External Trade Surplus in Goods EUR 1 Bn in October

D&T
Dec 22, 2023

The volume of export increased by 3.0% in October 2023 and that of import lessened by 2.5% compared to the same period of the previous year. The surplus was EUR 1.0 billion, the balance improved by EUR 1.9 billion year-on-year, the Central Statistical Office reports. Compared to September, the seasonally and working-day adjusted volume of […]

External Trade in Goods Surplus at EUR 1.3 billion

D&T
Nov 8, 2023

The surplus of the external trade in goods amounted to EUR 1.3 billion, the level of the external trade turnover increased by 13% on the export side, and grew by 8.1% on the import one, month-on-month, the Central Statistical Office (KSH) reports. The value of export declined by 5.1%, and that of import was 19% […]

Industrial Production Down in Hungary by 5.3%

D&T
Oct 13, 2023

Industrial production in Hungary decreased by 5.3% in August this year according to this Friday's report by the country's Central Statistical Office (KSH) that also strikes a positive note by stating that the manufacture of transport equipment actually grew by 4.6%. The volume of industrial production declined in August 2023 by 5.3%, year-on-year. Based on […]

Latest Official Inflation Rate in Hungary: 12.2%

D&T
Oct 10, 2023

Consumer prices increased by 12.2% on average compared to same month of the previous year, prices of motor fuels rose significantly, food prices decreased compared to August, the Hungarian Central Statistical Office (KSH) reported this Tuesday. Consumer prices were 12.2% higher on average in September 2023 than a year earlier. In one month, consumer prices […]

Surplus in Hungary's External Trade in Goods

D&T
Oct 9, 2023

The surplus of the external trade in goods amounted to EUR 708 million, while the level of the external trade turnover increased by 0.5% on the export side, and decreased by 0.9% on the import one, month-on-month, the Central Statistical Office reports. The value of export declined by 1.5%, and that of import was 19% […]

Hungarian Government Deficit 6.3% of GDP in H1 2023

D&T
Oct 3, 2023

According to preliminary data, the deficit of the general government sector in the 1st half of 2023 was HUF 2,296 billion, 6.3% of GDP. The deficit of the 2nd quarter was HUF 570 billion, 3.1% of GDP, the Central Statistical Office (KSH) reports. In the 1st half of 2023:The general government sector’s revenues were HUF […]

Surplus of the External Trade in Goods: EUR 559 million

D&T
Oct 2, 2023

The volume of export increased by 3.2% in July 2023, while that of import decreased by 5.4% compared to the same period of the previous year. The surplus was EUR 559 million, the balance improved by EUR 1.9 billion year-on-year, the Central Statistical Office reports. Compared to June, the seasonally and working-day adjusted volume of […]

Industrial Production Down by 2.6% Y-on-Y in Hungary

D&T
Sep 13, 2023

The volume of industrial production declined in Hungary in July 2023 by 2.6%, year-on-year. Based on working-day adjusted data production fell by 2.5%. Production dropped in the majority of the manufacturing subsections, the country's Central Statistical Office Reports. At the same time production volume grew in the largest weight carrying manufacture of transport equipment, and […]

Industrial Production Down Y-on-Y, Up on Previous Month

D&T
Sep 7, 2023

In July 2023, the volume of industrial production dropped by 2.6% year-on-year. Based on working-day adjusted data, production declined by 2.5%. According to seasonally and working-day adjusted data, industrial output was 2.8% higher than in June 2023, the Central Statistical Office reports. The majority of the manufacturing subsections were involved in the decrease in industrial […]

Retail Sales Down in Hungary by 7.6% Year-on-Year

D&T
Sep 6, 2023

In July 2023, the volume of sales in retail trade decreased by 7.7% according to raw data and by 7.6% when adjusted for calendar effects compared to the same period of the previous year. Calendar-adjusted sale volumes decreased by 4.1% in specialized and non-specialized food shops, by 5.5% in non-food retailing and by 20.5% in […]

External Trade in Goods: a Surplus of EUR 1.6 Bn

D&T
Sep 1, 2023

The surplus of the external trade in goods amounted to EUR 1.6 billion in Hungary in June, compared to May the adjusted volume of export decreased by 0.8% and that of import lessened by 1.5%, the Central Statistical Office reports. The volume of export increased by 10% in June 2023, while that of import decreased […]

Investments Down by 13.5%, Manufacturing Up by 7.7%

D&T
Aug 31, 2023

In the 2nd quarter of 2023, the volume of investments in Hungary decreased by 13.5% compared to the same period of the previous year, and lessened by 4.1% compared to the previous quarter (seasonally adjusted). Most sections of the national economy contributed to the general decrease of investments. Investment performance increased only in manufacturing as […]

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