Construction output volume, based on raw data, lagged behind the previous year’s level by 0.5% in April 2025. Among the main construction groups the construction of buildings lessened by 5.7%, that of civil engineering grew by 6.5%. Based on seasonally and working day adjusted indices construction output was above the March 2025 level by 5.3%.
Average gross earnings grow by nearly 10 percent
Full-time employees’ average gross earnings were HUF 708,300 and average net earnings reached HUF 486,500 in April 2025. Average gross earnings grew by 9.8%, net earnings increased by 9.6% and real earnings were 5.2% higher than a year earlier. Median gross earnings were HUF ...
Parliament approves main figures of 2026 budget
The final vote on next year's budget is expected to take place on Tuesday.
More News
Industrial production drops 5 percent
The volume of industrial production lagged behind the one year earlier level by 5.0% in April 2025, based on working-day adjusted data, declined by 2.3%. Production dropped in the great majority of manufacturing subsections, at the highest rate in the manufacture of electrical equipment. ...
Inflation at 4.4 percent in May
Consumer prices were 4.4% higher on average in May 2025 than a year earlier. Compared to April, prices went up by 0.2% on average.
Ministry for National Economy updates expected 2025 cash-flow based budget deficit
The Ministry for National Economy has changed the expected 2025 cash-flow based budget deficit to HUF 4,774 billion. In line with that announcement the Government Debt Management Agency Pte Ltd. (ÁKK) has modified its financing plan for 2025.
Fitch Ratings affirms Hungary’s sovereign rating with a stable outlook
The National Economy Ministry said all three big rating agencies have put Hungary in the investment grade category.
Industrial production down by 5 percent
The volume of industrial production lagged behind the one year earlier level by 5.0% in April 2025, based on working-day adjusted data, declined by 2.3%. According to seasonally and working-day adjusted data, industrial output was 1.5% higher than in March 2025.
Retail trade rebounds: broad-based growth in food, non-food and fuel sales
In April 2025, the volume of retail trade was 6.8% higher in raw data, or 5.0% higher in calendar (and Easter effects) adjusted terms, than in the same month of the previous year. Compared to the same period of the previous year, calendar-adjusted sale ...
Behind the stagnation: industry shrinks, investments fall, services can’t compensate
Hungary’s economy showed no growth in the first quarter of 2025, but the flat GDP figure masks deeper structural problems. Industrial output dropped by nearly 4%, investments plunged over 10%, and even a rise in household consumption couldn’t offset the decline. While services posted ...
State Secretary: Number of jobseekers in Hungary down compared to last year
Over 41,000 jobseekers have found work as a result of recently launched European Union-funded government placement programs.
Most read articles Economy
Fidesz’s 2026 budget based on ‘economic stability, social well-being and confidence in the future’
Erik Bánki said the budget was aimed at "ensuring an opportunity for everybody to prosper while maintaining fiscal discipline"
Easter holiday sparks tourism revival
In April 2025, 1.4 million guests spent 3.4 million tourism nights at tourist (commercial, private and other) accommodation establishments. The number of tourist arrivals was up by 17% and tourism nights by 16% compared to a year earlier, helped by Good Friday and Easter ...
Fitch Ratings affirms Hungary’s sovereign rating with a stable outlook
The National Economy Ministry said all three big rating agencies have put Hungary in the investment grade category.
Most commented articles Economy
NBH raises gold reserves to 110 tonnes
The National Bank of Hungary (NBH) has decided to raise the volume of monetary gold in its international reserves from 94.5 tonnes to 110 tonnes, the central bank said on Monday.
Finance Minister: Performance of Hungary’s business sector has been ‘impressive’
The finance minister said the government's Eastern Opening policy had brought record FDI to the country.
Experience vs. high salary
The biggest challenge for companies is to find employees with the right skills, while applicants have high salary expectations.
