In December 2025, consumer prices were 3.3% higher on average than a year earlier and 0.1% higher than in the previous month. In 2025, prices were up by 4.4% on average compared to the previous year.
Construction decline continues
Construction output volume, based on raw data was by 5.6% lower, based on calendar-adjusted data by 3.6% less in November 2025, year-on-year. Among the main construction groups the construction of buildings expanded by 7.7%, that of civil engineering fell by 20.0%. Based on seasonally ...
Industrial production continues to decline
The volume of industrial production lagged behind the one year earlier level by 5.4% in November 2025. The working day adjusted index is equal to the non-adjusted one. According to seasonally and working-day adjusted data, industrial output was 2.0% lower than in October 2025.
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Retail trade shows signs of life
In November 2025, the volume of retail trade in both raw and calendar-adjusted data was 2.5% higher than in the same month of the previous year. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 2.6% in specialized and ...
International arrivals power tourism growth
In November 2025, nearly 1.4 million guests spent 3.0 million tourism nights at tourist (commercial, private and other) accommodation establishments1. Tourist arrivals were up by 7.9% and tourism nights by 5.8% in number compared to a year earlier. In January-November 2025, the number of ...
Industrial producer prices decline slightly
Industrial producer prices were 2.7% lower on average in November 2025 than one year earlier. Domestic output prices fell by 1.8% and non-domestic ones by 3.1% compared to November in the previous year. Compared to the previous month, domestic output prices rose by 0.3% ...
Decline in exports weighs on trade balance
The deficit was EUR 121 million, the balance decreased by EUR 765 million, year-on-year. The volume of export decreased by 8.6% compared to the same period of the previous year, that of import grew by 3.8%. The seasonally and working-day adjusted volume of export ...
Real wages up by 5 percent
Full-time employees’ average gross earnings were HUF 692,700 and average net earnings reached HUF 482,400 in October 2025. Average gross earnings grew by 8.7%, net average earnings increased by 10.0% and real earnings were 5.5% higher than a year earlier.
Setback in manufacturing masks modest month-on-month recovery
The volume of industrial production lagged behind the one year earlier level by 2.7% in October 2025. The working day adjusted index is equal to the non-adjusted one. A setback in production occurred in the great majority of the manufacturing subsections. According to seasonally ...
Construction output up nearly 10 percent
Construction output volume, based on both raw and calendar-adjusted data surpassed in October 2025 the one year earlier level by 9.7%. Among the main construction groups the construction of buildings expanded by 14.7%, that of civil engineering increased by 3.7%. Based on seasonally and ...
Inflation goes below 4 percent
Consumer prices were 3.8% higher on average in November 2025 than a year earlier. Compared to October, prices were 0.1% higher on average.
Most read articles Economy
Real wages up by 5 percent
Full-time employees’ average gross earnings were HUF 692,700 and average net earnings reached HUF 482,400 in October 2025. Average gross earnings grew by 8.7%, net average earnings increased by 10.0% and real earnings were 5.5% higher than a year earlier.
Decline in exports weighs on trade balance
The deficit was EUR 121 million, the balance decreased by EUR 765 million, year-on-year. The volume of export decreased by 8.6% compared to the same period of the previous year, that of import grew by 3.8%. The seasonally and working-day adjusted volume of export ...
International arrivals power tourism growth
In November 2025, nearly 1.4 million guests spent 3.0 million tourism nights at tourist (commercial, private and other) accommodation establishments1. Tourist arrivals were up by 7.9% and tourism nights by 5.8% in number compared to a year earlier. In January-November 2025, the number of ...
Most commented articles Economy
Central bank sees GDP shrinking 6.0-6.5 pc this year
The National Bank of Hungary (NBH) expects the economy to contract between 6.0 percent and 6.5 percent this year, forecasts from its latest quarterly Inflation Report released on Tuesday show.
Directive would set starting minimums for wage talks
European Trade Union Confederation launches campaign for European minimum wage
The European Trade Union Confederation (ETUC) has launched a campaign to convince member states to stand by a European-level regulation of the minimum wage, an MEP of opposition Democratic Coalition (DK) said on Tuesday.
Hungary’s green bond wins CBI award
Climate Bonds Initiative, a non-profit organisation appraising sustainable financial solutions, has awarded Hungary for its green bond, first issued last year, the finance ministry said on Wednesday.
