UniCredit Bank sees Hungary's economy expanding by 1.3% in 2026 and 2.5% in 2027, the lender's chief analyst for Central and Eastern Europe said on Friday. Mauro Giorgio Marrano said industry could contribute to growth in 2026, pointing to positive trends in export-oriented branches. Consumption appears stable and real wages are on the rise, while […]
The Hungarian currency, the forint strengthened close to 8% against the euro in the first half of this year, taking third place among emerging market currencies after the Brazilian real and the Columbian peso, senior analyst Dávid Németh of K+H Bank said on Wednesday. The forint strengthening is a sign of investor confidence in Hungary, […]
Despite better-than-expected first-quarter GDP data, growth in the Hungarian economy may be subdued this year, while inflation is likely to remain within the target range, according to the MBH Analysis Center’s Macroeconomic Outlook released on Wednesday. The analysis, reviewed by MTI, states that strong forint and easing inflation may provide room for monetary easing, while […]
Hungary's GDP growth could reach 1.8% in 2026 and accelerate to 2.6% in 2027, CIB Bank chief analyst Mariann Trippon said at a press conference. Mariann Trippon stated that consumption could drive growth, while investments stabilized. She added that the arrival of European Union funding would support investments from the autumn, at the earliest, and […]
Retail sales in Hungary rose 10.6% year-on-year in March, data released by the Central Statistical Office (KSH) on Thursday show. Retail sales rose 8.2% when adjusted for calendar year effects. Adjusted food sales increased 2.6%, non-food sales climbed 8.4% and turnover at petrol stations rose 20.6%. Online and mail-order sales volume, which accounted for 8.8% […]
Due to the change in government resulting from last Sunday’s parliamentary elections in Hungary, market expectations suggest that the new government’s economic policy will become more transparent and predictable in the coming years; measures such as special taxes, margin caps and fuel price controls will be phased out over time. That is according to Raiffeisen […]
On May 1st, Hungary marked the 21st anniversary of its accession to the European Union. While EU membership offers a host of economic advantages — such as tariff-free exports within the bloc, increased foreign direct investment, and free movement of labour — perhaps the most tangible benefit lies in the direct financial support from Brussels. […]
