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Eurostat

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Hungary Records EU's Third Highest Inflation Rate

D&T
Nov 17, 2022

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, […]

Industrial Production Up by 1.5% in Hungary, 3.2% in EU

D&T
Aug 12, 2022

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 […]

Courtyard of an apartment house in Budapest

Hungary Tops List of House Price Increases in Europe

D&T
Aug 8, 2022

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% […]

Hungarian Households, the 2nd Poorest in the EU

D&T
Jun 21, 2022

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. […]

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