The average and end-of-month stocks of external assets increased in July, the National Bank of Hungary (MNB) reports. The increase was primarily the result of the EUR-denominated government bond issuance by the Government Debt Management Agency, changes in the forint exchange rate, and the decrease in the stock of swaps providing euro liquidity concluded with […]
Hungary's annualised consumer price index fell to 1.2% in July from 1.7% in the previous month, data released by the Central Statistics Office (KSH) on Friday show. Food prices dropped 1.1% and fell 4.4% excluding the price of eating out. Pork prices declined 13.1% and fresh fruit prices dropped 12.5%, but cooking oil prices rose […]
Output of Hungary's industrial sector rose 10.1% year-on-year in June, a first reading of data released by the Central Statistical Office (KSH) on Thursday shows. Output rose 4.1% when adjusted for the number of workdays, of which there were two more than in the base period. Output rose in most branches of manufacturing. Among the […]
Home sales in Hungary fell 2.1% year-on-year to 9,292 in July, a monthly estimate by listed real estate broker Duna House shows. For the period January-July, home sales fell 9.7% year-on-year to 65,846. July saw the more subdued activity typical of the summer months in the Hungarian real estate market: 9,292 sales took place, which […]
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 51.4 points in July, slipping from 51.6 in the previous month, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday. The PMI was over the 50-point threshold, signaling expansion in the manufacturing sector. Among the PMI sub-indices, the new orders index fell 1.7 […]
Factory gate prices in Hungary edged down 0.4% year-on-year in June, data released by the Central Statistical Office (KSH) show. Prices for domestic sale were up 1.8% while export prices decreased 1.4%. Domestic prices of the manufacturing sector, which have a 67.6% weight in the PPI, rose 1.1%. Domestic energy prices, which account for 30.0% […]
The number of guests at commercial and private tourism accommodations in Hungary fell 2.2% to 1,856,000 in June from the same month a year earlier. At the same time, the number of guest nights was down 2.5% at 4,328,000, data released by the Central Statistical Office (KSH) on Wednesday show. The number of domestic guests […]
The jobless rate in Hungary for people between the ages of 15 and 74 stood at 4.4% in June, data released by the Central Statistical Office (KSH) on Friday show. In absolute terms, there were 214,100 unemployed. The number of employed reached 4,645,800. The three-month rolling average for the number of employed reached 4,632,800, 27,900 […]
Business and consumer sentiment in Hungary improved in July, a monthly gauge by economic research institute GKI shows. GKI's business confidence index rose by three points and the consumer confidence index climbed by two points, edging into positive territory, chief researcher Raymund Petz said. He acknowledged the advance of the business sentiment index in April, […]
In May, the current account balance closed with a surplus of EUR 81 million, compared with a deficit of EUR 201 million in April, according to preliminary data released Tuesday by the National Bank of Hungary (MNB). The current account closed the first quarter with a surplus of EUR 251 million, compared with a surplus […]
Hungary's annualised consumer price index fell to 1.7% to in June from 1.8% in the previous month, data released by the Central Statistical Office (KSH) on Tuesday, and reviewed by MTI, show. Food prices inched up 0.2%, but fell 2.4% excluding the price of eating out. Pork prices fell 10.9% and potato prices dropped 7.6%. […]
Retail sales in Hungary rose 3.8% year-on-year in May, data released by the Central Statistical Office (KSH) on Monday show. Retail sales rose 4.8% when adjusted for calendar year effects. Adjusted food sales increased 3.2%, non-food sales rose 7.4% and turnover at petrol stations climbed 8.4%. Online and mail-order sales volume, which accounted for 8.6% […]
Spot market turnover on the Budapest Stock Exchange (BSE) totaled HUF 565.7 billion in June, representing an average daily trading volume of HUF 25.7 billion; the exchange’s benchmark stock index, the BUX, rose 3.9%, closing the month at 139,892.19 points, the bourse told MTI. On international stock markets in June, investor sentiment was shaped by […]
Looking at the year as a whole, tourist arrivals are generally on the rise; however, tourism performance in the coming months will depend largely on global trends and the exchange rate of the forint, Visit Hungary announced on Monday. In their analysis sent to MTI, they highlighted that in May, tourist traffic rose by 2.6% […]
The debt of the central government increased by HUF 2,557 billion to HUF 63,096 billion by the end of May from the end of 2025, the Government Debt Management Agency (ÁKK) said in a monthly report on Wednesday. Quoting from the report, MTI says net forint issuance, financing the deficit of the central government budget, […]
