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 […]
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 […]
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 […]
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 […]
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 […]
In the 2nd quarter of 2023, service exports calculated in EUR increased by 6.7%, their imports grew by 0.8% compared to the same period of the previous year. The surplus was EUR 2.7 billion, EUR 451 million more than in the 2nd quarter of 2022, slightly surpassing the previous record. Exports rised by 8.4%, imports […]
The volume of industrial production declined in June 2023 in Hungary by 3.8%, year-on-year. Based on working-day adjusted data production fell by 6.1%. Analysts note that industrial production has been declining in the country for seven months now. Production dropped in the majority of the manufacturing subsections, at the same time production volume grew in […]
The value of export was 11% higher, while that of import 4.7% lower in EUR terms in June 2023 than in the same period of the previous year. The balance of the external trade in goods improved by EUR 1.9 billion, the Central Statistical Office (KSH) reports. Compared to the previous month, the level of […]
The number of tourist arrivals increased by 3.8%, while that of tourism nights diminished by 0.8% compared to June 2022, the Central Statistical Office reports. In June 2023, 1.6 million guests spent 4.0 million tourism nights at tourist accommodation establishments (commercial, private and other accommodation establishments) in Hungary. The number of guests was 3.8% higher […]
The volume of Hungarian exports increased by 3.9% in May 2023, while that of the country's imports decreased by 1.3% compared to the same period of the previous year. The surplus was EUR 1.1 billion, the balance improved by EUR 1.4 billion year-on-year, the Central Statistical Office reported on Monday. Compared to April, the seasonally […]
Industrial producer prices were higher by 6.4% on average in June 2023 compared to one year earlier. Domestic output prices were up by 29.8% and non-domestic output prices lessened by 5.0%. The large difference was primarily due to the domestic output prices of energy industry – producing goods basically for the domestic market, within which […]
The volume of industrial production in Hungary declined in May 2023 by 6.9%, year-on-year. The same figure for the same month in the euro zone was a decrease of 2.2%. As the country's Central Statistical Office reports, production in Hungary dropped in the majority of the manufacturing subsections, however, the production volume increased in the […]
The value of Hungarian exports was 5.2% higher, while that of import 5.4% lower in EUR terms in May 2023 than in the same period of the previous year, the Central Statistical Office reports. The balance of the external trade in goods improved by EUR 1.3 billion. Compared to the previous month, the level of […]
Consumer prices were 20.1% higher on average in June 2023 than a year earlier, the Central Statisrtical Office (KSH) reports. According to a statement by the National Bank of Hungary (MNB), the 1.4% decrease compared to the prevous month was due to lower increase in the prices of food and industrial products. The highest price […]
In May 2023, 1.3 million guests spent 3.1 million tourism nights at tourist accommodation establishments (commercial, private and other accommodation establishments) in Hungary, the Central Statistical Office reports. The number of guests was 7.1% and that of tourism nights 3.8% higher than a year earlier, due to expansions in international tourist arrivals and tourism nights. […]
