Fidesz blasts opposition 'attacks' on government's anti-inflation measures
Matolcsy: Tackling inflation ‘top priority’
Inflation is central banks’ greatest foe, and tackling it is a vital step towards creating monetary sustainability, Gyorgy Matolcsy, the governor of Hungary’s central bank (NBH) wrote in an article published by magyarnemzet.hu on Monday.
Hungary inflation 7.4 percent in December
Hungarian annual inflation was 7.4 percent in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle fuel prices continued to be the main drivers, though food and consumer durables prices rose above headline inflation.
Construction sector output up 12.3 percent in November
Output of Hungary's construction sector rose by an annual 12.3 percent in November, the Central Statistical Office (KSH) said on Friday.
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World Bank forecasts 5 percent growth for Hungary in 2022
Hungary's economy is forecast to grow by 5 percent this year, according to the World Bank, which raised its June projection of 4.7 percent.
Guest nights jump 292.1 percent in November
Guest nights at commercial accommodations in Hungary rose by an annual 292.1 percent to 1,266,000 in November from a low base impacted by travel restrictions during the third wave of the coronavirus pandemic, the Central Statistical Office (KSH) said on Tuesday.
Hungary trade balance returns to surplus in November
Hungary's trade balance returned to a surplus in November, a first reading of data by the Central Statistical Office (KSH) on Monday shows.
Finance Minister: Government running disciplined budget
Hungary's government is running a disciplined, tight budget, Mihaly Varga, the finance minister, said in an interview to public radio on Sunday, noting that it boosted reserves at the end of last year and rescheduled investments this year.
Retail sales up 3.8 percent in November
Retail sales in Hungary rose by an annual 3.8 percent in November, the Central Statistical Office (KSH) said on Friday. The increase slowed from 5.7 percent in the previous month.
Industrial output up by 2.6 percent in November
Hungary's industrial output went up by an annual 2.6 percent in November, rising again after two straight months of decline, a first reading of data released by the Central Statistical Office (KSH) on Friday shows.
Factory gate price rise accelerates to 21.6 percent in November
Factory gate prices in Hungary rose by an annual 21.6 percent in November, accelerating from an 18.5 percent increase in the previous month, the Central Statistical Office (KSH) said on Thursday.
Jobless rate 3.7 percent in November
Hungary's jobless rate was 3.7 percent in November, down from 3.9 percent in October, the Central Statistical Office (KSH) said on Wednesday. The rate covers unemployment among people between the ages of 15 and 74.
Most read articles Economy
Hungary inflation 7.4 percent in December
Hungarian annual inflation was 7.4 percent in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle fuel prices continued to be the main drivers, though food and consumer durables prices rose above headline inflation.
Retail sales up 3.8 percent in November
Retail sales in Hungary rose by an annual 3.8 percent in November, the Central Statistical Office (KSH) said on Friday. The increase slowed from 5.7 percent in the previous month.
World Bank forecasts 5 percent growth for Hungary in 2022
Hungary's economy is forecast to grow by 5 percent this year, according to the World Bank, which raised its June projection of 4.7 percent.
Most commented articles Economy
Budget deficit reaches HUF 2,604 bn at the end of October
Hungary's budget deficit, excluding local councils, reached 2,604.2 billion forints (EUR 7.2bn) at the end of October, the finance ministry said in a preliminary release of data on Monday.
Government green-lights the use of any coronavirus vaccine used to inoculate over one million people worldwide
Restrictions to remain in place until March 1
Coronavirus-related restrictions will remain in place until March 1, Gergely Gulyas, the head of the Prime Minister's Office, told a regular press briefing. The government made the decision after a meeting of the operative body responsible for handling the epidemic on Wednesday. Since being ...
Kopint-Tarki raises GDP forecast to 4.5 percent in 2021
Economic research institute Kopint-Tarki on Wednesday raised its forecast for Hungary's economic growth in 2021 to 4.5 percent from its December projection of 3.5 percent.
