In the 4th quarter of 2022 the volume of investments decreased by 6.3% compared to the same period of the previous year, and lessened by 5.5% compared to the previous quarter (seasonally adjusted), the Central Statistical Office reports. The investment volume has been shaped by a decrease in the budgetary, the households’ and also in […]
The number of cars registered in Hungary is growing rapidly, but so is their average age. The latter has been rising steadily since the 2008 crisis, according to recent data from the Hungarian Central Statistical Office (KSH). As the business news site portfolio.hu points out, a turnaround would certainly require a rise in the living […]
According to preliminary data, 7,398 children were born and 11,342 people died in Hungary in January 2023, the country’s Central Statistical Office reports. In the last twelve months, i.e. between February 2022 and January 2023, the number of births diminished by 3.4%, that of deaths by 14% and the number of marriages by 12% compared […]
At the start of the last census, on October 1, 2022, the population of Hungary was 9 million 604 thousand and there were 4 million 593 thousand dwellings in the country, Marcell Kovács, project manager of the census, said at a press conference in Budapest on Thursday. Marcell Kovács pointed out that in the period […]
Hungary’s gross domestic product increased by 0.4% according to raw data and by 0.9% according to seasonally and calendar adjusted and reconciled data in the 4th quarter of 2022 compared to the corresponding period of the previous year, the Central Statistical Office reports. Compared to the previous quarter, the economic performance diminished by 0.4% according […]
In December 2022, the volume of industrial production grew by 2.0% while construction output volume decreased by 3.9% – both year-on-year – in Hungary, the country Central Statistical Office (KSH) reports. While the annual growth figure of industrial production was 2.0%, based on working-day adjusted data, production rose by 5.7%. As KSH explains, compared to […]
Consumer prices were 25.7% higher on average in January 2023 in Hungary than a year earlier. The highest price rises were measured for electricity, gas and other fuels as well as food over the last twelve months, the country's Central Statistical Office reports. In one month, consumer prices increased by 2.3% on average. The annual […]
The value of exports in EUR terms was 12% and that of imports 9.9% larger in December 2022 than in the same period of the previous year. The balance of the external trade in goods improved by EUR 204 million. Compared to the previous month, the level of export in goods decreased by 16% and […]
The volume of industrial production grew in December 2022 by 2.0% year-on-year in Hungary, the country’s Central Statistical Office reports. Based on working-day adjusted data, production rose by 5.7%. Compared to crude data, the significant difference is due to the fact that there were two less working-days in December 2022 than in December 2021, the […]
In December 2022, the volume of sales in retail trade decreased by 4.8% according to raw data and by 3.9% when adjusted for calendar effects compared to the same period of the previous year. In December, calendar-adjusted sales volumes decreased by 8.3% in specialised and non-specialised food shops and by 0.4% in non-food retailing and […]
In November 2022, the volume of export was 9.5% and that of import was 15% higher than in the same period of the previous year. The deficit was EUR 1 billion 415 million, the balance deteriorating by EUR 1 billion 372 million year-on-year, the Central Statistical Office reports. Compared to October, the seasonally and working-day […]
Industrial producer prices rose by 34.9% on average in December 2022 compared to one year earlier. Domestic output prices were up by 62.9% and non-domestic output prices by 20.7%, the Central Statistical Office reports. The faster growth in domestic output prices was due to the proportion of the energy industry, where a significant price increase […]
7,366 children were born and 11,940 people lost their lives in December, which means a natural decrease of 4,574 compared to the previous month and 45,300 in the year 2022, the Central Statistical Office reports. In 2022, the number of births diminished by 5.0%, that of deaths by 13% and the number of marriages by […]
According to raw data, the volume of construction output in Hungary in November 2022 surpassed the previous year’s level by 7.0%, the Central Statistical Office reports. Out of the main groups of construction the output of construction of buildings increased by 18.6%, that of civil engineering decreased by 6.9%. Based on seasonally and working day […]
In November 2022, 691,000 guests spent 1.7 million tourism nights in commercial accommodation establishments (hotels, boarding houses, camping sites, bungalow complexes and community hostels). The number of guests rose by 17% and that of nights by 7.8% compared to the same period of the previous year, the Central Statistical Office reports. Compared to November 2021, […]
