Hungary's GDP rose 1.7% in the first quarter from the same period a year earlier, the Central Statistical Office (KSH) confirmed in a second reading of data released on Tuesday. Growth was the same when adjusted for seasonal and calendar year effects. Services lifted headline GDP growth by 1.4 percentage points, including a 0.5 percentage […]

MBH Bank had a first-quarter loss of HUF 19.4 billion as it booked the bank levy and windfall profit tax for the full year during the period, an earnings report released on the website of the Budapest Stock Exchange on Thursday shows. The bank had HUF 54.1 bn adjusted profit after taxes (-6.1% y/y) in […]

K+H Bank, the Hungarian unit of Belgian's KBC, had a first-quarter loss of HUF 19 billion as it booked the full amount it must pay for the year on the bank levy and windfall profit tax, the lender said on Monday. K+H Bank booked HUF 58 billion for the bank levy and windfall profit tax […]

General government consolidated gross debt at nominal value was 77,9% of GDP, amounting to HUF 69,012 billion, at the end of 2026 Q1. According to preliminary financial accounts data, general government net lending was equal to -5.6% (HUF -4,964 billion) of Hungary’s GDP in the four quarters to 2026 Q1. General government net lending amounted […]

Listed car seller AutoWallis's vehicle sales edged down 2% year-on-year to 11,602 in the first quarter, falling on the performance of the wholesale division, a preliminary report released on Wednesday shows. Sales of the wholesale division dropped 6% to 7,676 as KGM, Renault and Dacia sales were impacted by competing Chinese brands, AutoWallis said. The […]