In July the volume of export decreased by 5.6% and that of import by 4.5% compared to the same period of the previous year. The surplus was EUR 443 million, the balance deteriorated by EUR 238 million year-on-year. Compared to July, the adjusted volume of export increased by 1.5% and that of import lessened by 0.1%.

Industrial producer prices increase by 0.9 percent

Industrial producer prices were 0.9% higher on average in September 2024 than one year earlier. Domestic output prices lessened by 0.7%, while non-domestic output prices went up by 1.7%. Compared to the previous month, domestic output prices diminished by 0.2% and non-domestic output prices ...

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Q3 GDP drops on weak industrial data

The volume of Hungary’s gross domestic product was 0.8% lower according to raw data and 0.7% lower according to seasonally and calendar adjusted and reconciled data in the 3rd quarter of 2024 than the value in the corresponding period of the previous year.

Number of tourist arrivals by 2 percent

In September 2024, 1.5 million guests spent nearly 3.6 million tourism nights at tourist (commercial, private and other) accommodation establishments1. The number of arrivals was 2.0% and tourism nights 1.1% higher than a year earlier. The number of nights spent by domestic guests fell ...

Hourly wage over HUF 2,000

Trenkwalder's latest survey shows a noticeable increase in hourly wages for skilled and semi-skilled workers in Hungary.

Number of vacant industrial properties on the rise

The nationwide stock of modern industrial and logistics properties reached 5.3 million sqm at the end of the third quarter, with new additions in the capital region and regional markets.

Unemployment rate at 4.5 percent

In September 2024, the average number of employed persons aged 15–74 decreased by 32 thousand to 4 million 699 thousand compared to the same period of the previous year. The historically high level of employment in September last year played a significant role in ...

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Retail sales up by 4.1 percent

In August 2024, the volume of sales in retail trade increased by 3.2% according to raw data and by 4.1% when adjusted for calendar effects compared to the same period of the previous year. Calendar-adjusted sale volumes grew by 7.5% in specialized and non-specialized ...

Prices decrease from August to September

Consumer prices were 3.0% higher on average in September 2024 than a year earlier. Over one month, they decreased by 0.1% on average, within which motor fuels became 3.7% cheaper, the Central Statistical Office said.

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Construction sector output flat in October

Output of Hungary's construction sector in October edged up an annual 0.1 percent, after falling by 6.0 percent in the previous month, the Central Statistical Office (KSH) said on Friday.