Wage growth at 10.1 pc in April

Wage growth in Hungary increased by an annual 10.1 percent in April, picking up from 8.7 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.

Jobless rate falls to 3.9 percent in May

Hungary's jobless rate was 3.9 percent in May, falling half a percentage point from the previous month and 0.6 pp from the same month a year earlier, the Central Statistical Office (KSH) said on Tuesday.

Lego to spend HUF 53 billion on expansion in Hungary

Danish toy manufacturer Lego will invest 53 billion forints (EUR 149.6m) to expand its plant in Nyiregyhaza, in northeast Hungary, Peter Szijjarto, the minister of foreign affairs and trade, said on Friday.

Construction costs could rise by 5-9 percent in H2

Construction costs could rise by 5-9 percent nationally but by even more than 10 percent in Budapest in the second half of the year, Hungarian construction industry association EVOSZ said on Wednesday based on a survey of construction sector companies.

Industrial output in April up 58.8 percent yr/yr

Hungarian unadjusted industrial output grew by an annual 58.8 percent in April from a low base, according to a first reading of Central Statistical Office (KSH) data released on Tuesday.

Continental invests HUF 4.2 billion in capacity expansion

Car parts supplier Continental Automotive Hungary will invest 4.2 billion forints (EUR 12.1m) to expand capacity at its R+D centres in Budapest and Veszprem, in western Hungary, Peter Szijjarto, the minister of foreign affairs and trade, said on Monday.

Investment growth at 2.5 percent in Q1

Investment volume in Hungary rose by an annual 2.5 percent in the first quarter of 2021, level with the rate of growth in the previous quarter, the Central Statistical Office (KSH) said on Monday.

Wage growth slows to 8.7 percent in March

Year-on-year wage growth in Hungary slowed to 8.7 percent in March from 9.8 percent in the previous month, data released by the Central Statistical Office (KSH) on Friday show.

Analyst expects an improvement in the coming months as the economy re-opens

Jobless rate rises to 4.4 percent

Hungary's jobless rate reached 4.4 percent in April, climbing 0.4 percentage point from the previous month as well as from the same month a year earlier, data released by the Central Statistical Office (KSH) on Thursday show.