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Hungarian Economy Stagnates in Q1 2025

D&T
Apr 30, 2025

The volume of Hungary’s gross domestic product stagnated according to raw data and was 0.4% lower according to seasonally and calendar adjusted and reconciled data in the 1st quarter of 2025 than in the corresponding period of the previous year, the country’s Central Statistical Office (KSH) reported on Wednesday. Compared to the previous quarter, the […]

Industrial Producer Prices Up by 7.3% Year-On-Year

D&T
Apr 29, 2025

Industrial producer prices in Hungary were 7.3% higher on average in March 2025 than one year earlier. Domestic output prices were 4.7% and non-domestic output prices 8.6% higher than in March in the previous year, the country's Central Statistical Office (KSH) reports. The price rise was primarily caused by the annual weakening of the forint […]

Official Unemployment Rate in Hungary at 4.3%

D&T
Apr 25, 2025

In March 2025, the average number of employed persons aged 15–74 was 4,701,000 in Hungary. The number of unemployed persons was 211,000 and the unemployment rate 4.3%, the Central Statistical Office (KSH) reports. In the period January–March 2025, the average number of employed persons aged 15–74 was 4,692,000. The number of employed persons was 2,493,000 […]

Hungary’s Population Continues to Decrease

D&T
Apr 25, 2025

According to preliminary data, 5,885 children were born and 11,198 people died in March 2025, the Central Statistical Office (KSH) reports). The number of births lessened by 8.9%, that of marriages by 2.0%, while that of deaths increased by 4.9% compared to the same month of the previous year. In March 2025:A total of 5,885 […]

Construction Output Volume Down by 4.5% Year-on-Year

D&T
Apr 14, 2025

Construction output volume, based on raw data, lagged behind the previous year’s level by 4.5% in Hungary in February 2025, the country's Central Statistical Office (KSH) reported this Monday. Out of the main groups of construction the construction of buildings lessened by 11.0%, that of civil engineering grew by 15.3%. Based on seasonally and working […]

8.7% Fall in Industrial Production Confirmed

D&T
Apr 11, 2025

In February 2025, industrial production was 8.7% below its level of a year earlier, or 8.0% adjusted for working days. Output fell in all manufacturing subsectors, with the largest decline in the manufacture of electrical equipment, the Hungarian Central Statistical Office (KSH) confirmed in its second estimate released on Friday, MTI reports. Production dropped in […]

Retail Sales Up in Hungary 3.3% Year-on-Year

D&T
Apr 7, 2025

In February 2025, the volume of retail trade was 0.2% lower in raw data, or 3.3% higher in calendar (and leap-year effects) adjusted terms, than in the same month of the previous year. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 3.5% in specialized and non-specialized food shops, by […]

Hungary's Industrial Production Down by 8.7%

D&T
Apr 4, 2025

The volume of industrial production in Hungary lagged behind the one year earlier level by 8.7% in February 2024, based on working-day adjusted data, declined by 8.0%. According to seasonally and working-day adjusted data, industrial output was 1.3% lower than in January 2025, the country's Central Statistical Office (KSH) reports. Production volume decreased in every […]

Industrial Producer Prices Rise by 8.2% Y-on-Y

D&T
Apr 1, 2025

Industrial producer prices were 8.2% higher on average in February 2025 than one year earlier. Domestic output prices were 5.4% and non-domestic output prices 9.6% higher than in February in the previous year, the Central Statistical Office (KSH) reports. The price rise was primarily caused by the annual weakening of the forint exchange rate against […]

Hungarian Population Continues to Shrink

D&T
Mar 28, 2025

According to preliminary data, 5,653 children were born and 10,934 people died in Hungary in February 2025, the Central Statistical Office (KSH) reported this Friday. The number of births lessened by 9.1%, that of deaths by 0.7% and that of marriages by 14% compared to the same month of the previous year. In February 2025:A […]

Number of Tourist Arrivals in Hungary Up 14% Year-on-Year

D&T
Mar 27, 2025

In February 2025, one million guests spent 2.3 million tourism nights at tourist (commercial, private and other) accommodation establishments in Hungary. The number of tourist arrivals was 14% and that of tourism nights 3.9% higher than a year earlier, the Central Statistical Office reports. In January-February 2025, the number of nights spent in tourist accommodation […]

Construction Output in Hungary Down by 9.6% Y-on-Y

D&T
Mar 14, 2025

Construction output volume, based on raw data, lagged behind the previous year’s level by 9.6% in January 2025, the Central Statistical Office (KSH) reports. Out of the main groups of construction,the construction of buildings lessened by 8.9%, that of civil engineering by 10.8%. Based on seasonally and working day adjusted indices construction output was above […]

Consumer Prices Up by an Annual Rate of 5.6%

D&T
Mar 11, 2025

Consumer prices were 5.6% higher on average in February 2025 than a year earlier. Over one month, consumer prices rose by 0.8% on average, within which food became 1.2% more expensive, the Central Statistical Office (KSH) reports. In 12 months, compared to February 2024:A price increase of 7.1% was recorded for food, within which 44.3% […]

Industrial Production Down in Hungary by 3,9%

D&T
Mar 11, 2025

The volume of industrial production lagged behind the one year earlier level in January 2025 by 3.9%. The working day adjusted index is equal to the non-adjusted one, the Central Statistical Office (KSH) reported this Tuesday. Out of the manufacturing subsections production increased in five, and lessened in eight, at the highest rate in the […]

Slight Increase in Hungarian Service Exports

D&T
Mar 3, 2025

In the 4th quarter of 2024, service exports calculated in EUR increased by 0.4%, their imports lessened by 1.6% compared to the same period of the previous year. The surplus amounted to EUR 2.7 billion, exceeding the 4th quarter value of 2023 by EUR 137 million, Hungary's Central Statistical Office (KSH) reported this Monday. In […]

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