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Industrial Producer Prices Up by 9.1% Year-on-Year

D&T
Feb 28, 2025

Industrial producer prices were 9.1% higher on average in January 2025 than one year earlier. Domestic output prices were 6.1% and non-domestic output prices 10.6% higher than in January 2024, the Central Statistical Office (KSH) reported this Friday. The price rise was primarily caused by the annual weakening of the forint exchange rate against the […]

Consumer Prices Up by 5.5% on January 2024

D&T
Feb 11, 2025

Consumer prices were 5.5% higher on average in Hungary in January 2025 than a year earlier. Over one month, consumer prices rose by 1.5% on average, within which motor fuels became 2.7% more expensive, the Central Statistical Office (KSH) reports. In 12 months, compared to January 2024:A price increase of 6.0% was recorded for food, […]

EUR 387 Mn Surplus in the External Trade in Goods

D&T
Feb 3, 2025

The value of Hungarian export in EUR terms lessened in December 2024 by 0.5%, that of import by 7.0% compared to the same period of the previous year, the Central Statistical Office (KSH) reports. The balance of the external trade in goods improved by EUR 684 million. Compared to the previous month, the level of […]

Industrial Producer Prices Up by 9% in Hungary

D&T
Jan 31, 2025

Industrial producer prices were 9.0% higher on average in December 2024 than one year earlier. Domestic output prices were 4.0% and non-domestic output prices 11.5% higher than in December 2023, the Central Statistical Office (KSH) reports. The price rise was primarily caused by the weakening of the forint exchange rate against the euro. Compared to […]

Industrial Production Lessened by 4.2%

D&T
Jan 14, 2025

The volume of industrial production lagged behind by 4.2% in November 2024, production, based on working-day adjusted data lessened by 2.9%, year-on-year, the Central Statistical Office reports. Production has been attenuated in the great majority of the manufacturing subsections, most of all in the manufacture of transport equipment. According to seasonally and working-day adjusted data, […]

Industrial Producer Prices 7.9% Higher Than a Year Earlier

D&T
Jan 7, 2025

Industrial producer prices were 7.9% higher on average in November 2024 than one year earlier. Domestic output prices were 3.2% and non-domestic output prices 10.2% higher than in November 2023. The price rise was primarily caused by the weakening of the Hungarian currency, the forint against the euro and the world market price of energy […]

Continued Improvement in Tourism Figures

D&T
Jan 6, 2025

In November 2024, 1.2 million guests spent 2.8 million tourism nights at tourist (commercial, private and other) accommodation establishments. The number of arrivals surpassed the previous year by 17% and that of tourism nights by 9.7%. The number of nights spent by domestic guests exceeded November 2023 by 3.8% and those spent by international guests […]

EUR 742 million Surplus in External Trade in Goods

D&T
Jan 3, 2025

The value of export lessened by 3.5%, while that of import surpassed by 2.3% in EUR terms the same period of the previous year’s values in November 2024. The balance of the external trade in goods deteriorated by EUR 716 million, the Central Statistical Office reports. Compared to the previous month, the level of trade […]

3.0% of GDP Deficit in Q3 2024

D&T
Jan 3, 2025

The deficit of the general government sector in the third quarter of 2024 was HUF 621 billion, or 3.0% of GDP. The balance is HUF 133 billion, or 0.9 percentage point more favourable than a year earlier, the Central Statistical Office (KSH) reported this Friday. In the 3rd quarter of 2024 compared to the same […]

October External Trade in Goods Surplus: 1 Bn

D&T
Dec 23, 2024

The surplus of the external trade in goods was EUR 1.0 billion, compared to the previous month, the adjusted volume of export lessened by 1.3%, that of import by 1.4%, the Hungarian Central Statistical Office (KSH) reports. The volume of export lessened by 0.3% and that of import surpassed the same period of the previous […]

Increasing Surplus of the External Trade in Goods

D&T
Dec 2, 2024

The volume of Hungarian export decreased by 3.5% and that of import by 0.3% compared to the same period of the previous year. The surplus was EUR 949 million, the balance deteriorated by EUR 470 million year-on-year. Compared to August, the adjusted volume of export increased by 0.9% and that of import by 0.8%, the […]

Growing Surplus in External Trade in Services

D&T
Nov 29, 2024

In the third quarter of 2024, Hungarian service exports calculated in EUR were 4.2% and their imports 1.9% higher than in the same period of the previous year. The surplus was EUR 3.5 billion, EUR 280 million more than in the third quarter of 2023, higher even than the record in the corresponding period of […]

External Trade in Goods: Up in Monthly, Down in Annual Terms

D&T
Nov 5, 2024

Compared to the previous month, the level of export of goods increased by 15%, and that import grew by 7.8% in Hungary's external trade balance in September 2024, the country's Central Statistical Office (KSH) reports. However, the value of export was 5.0% lower, that of import decreased by 4.0% in EUR terms in September 2024 […]

1.5 Million Tourists in Hungary in September

D&T
Oct 29, 2024

According to the data of the Hungarian Central Statistical Office (KSH) and the National Tourism Data Service Center (NTAK), nearly 1.5 million people visited Hungarian accommodation establishments in September 2024, which is 2% higher than in the same period last year, the Ministry of National Economy (NGM) said in a statement on Tuesday. Hotels nationwide […]

Monthly Rents Up 0.5% in Hungary in August

D&T
Sep 16, 2024

Rents continued to rise in August: they increased by 0. 5% nationwide compared to the previous month, while in Budapest they remained unchanged, according to the Central Statistical Office (KSH) and the ingatlan.com rent index. Data published on the KSH website show that rents in August rose by 9.9% and 9.1% year-on-year nationally and in […]

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