According to data published by Eurostat, the statistical office of the European Union, the industrial production of the Eurozone decreased to a lesser extent than expected by analysts, but in a monthly comparison in May, a decline was also registered on an annual basis. In May, industrial production in the Eurozone fell by 0.6% on […]

The impact of the new coronavirus epidemic is also reflected in life expectancy at birth: while in 2020, it was 75.7 years in Hungary, according to Eurostat data, it fell to 74.3 years in 2021. Such a decline is unprecedented in Hungary since 1960. According to pension expert András Farkas, the pandemic has hit life […]

Inflation in Hungary in November outpaced that in the formerly leading Baltic countries. It far exceeds inflation in other countries in the region and is more than double the EU average. Moreover, it continues to accelerate as competitors’ rates slow down. Figures published by Eurostat, the statistical office of the European Union, show that inflation […]

The EU’s statistical office, Eurostat has published the inflation rankings in the European Union, which shows that in October, inflation was higher in only two countries than in Hungary, portfolio.hu reports. The annual inflation rate in Hungary was 21.9%, almost double the EU average of 11.5%. The lowest inflation was recorded in France in October, […]

In June 2022, the volume of industrial production grew in Hungary by 1.5% year-on-year, the country’s Central Statistical Office reports. In the same month, also compared with a year earlier, industrial production grew by 2.4% in the euro zone and by 3.2% in the EU, according to data by Eurostat. In Hungary, decreases were recorded […]

Over the past seven years, Hungary has seen the largest increase in house prices among EU countries, according to data published by Eurostat. In the first quarter of this year, the price of new dwellings rose by 19% year-on-year, while the price of second-hand dwellings increased by 20%, with prices up by 7.3 and 4.8% […]

According to the Statistical Office of the European Union (Eurostat), Hungary is the second poorest country in the European Union. Hungarian household consumption is only 70% of the EU average – same as in Slovakia. Only Bulgaria is worse off. Eurostat notes that actual individual consumption (AIC) is a measure of material welfare of households. […]