Consumer prices in Hungary rose by an annual 22.5 percent in November, accelerating from a 21.1 percent increase in the previous month on higher household energy and food prices, the Central Statistical Office (KSH) said on Thursday.
Budget deficit reaches HUF 3,466.4 billion in November
Hungary's cash flow-based budget, excluding local councils, had a 3,466.4 billion forint (EUR 8.4bn) deficit at the end of November, the finance ministry said in a preliminary release of data on Thursday.
Industry output up 5.9 percent yr/yr in October
Hungarian industrial output grew by an annual 5.9 percent in October, the Central Statistical Office (KSH) said on Tuesday. Adjusted for the number of working days, output increased by 5.1 percent.
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Estate agents expect value of existing properties to dip
Most estate agents in a recent survey said they expect the price of existing properties to fall, according to a report released on Tuesday.
Guest nights down 0.2 percent in October
Guest nights spent in commercial accommodations in Hungary eased by an annual 0.2 percent to 2.1 million in October, the Central Statistical Office (KSH) said on Monday.
Retail sales edge up by 0.6 percent in October
Retail sales growth in Hungary slowed to an annual 0.6 percent in October, propped up by sales of motor fuel, the Central Statistical Office (KSH) said on Monday.
Finance Minister: Hungary economy faces tough times
Hungary's economy and its players must prepare to perform in an increasingly difficult international environment, Mihaly Varga, the finance minister, told an annual event of the National Association of Businesses and Employers (VOSZ) in Budapest on Friday.
GDP up by 4 percent in Q3, KSH confirms
Hungary's GDP grew by an annual 4.0 percent in the third quarter, slowing from 6.5 percent in Q2, the Central Statistical Office (KSH) confirmed in a second reading of data released on Thursday.
Trade in services posts EUR 2.7 billion surplus in Q3
Hungary had a 2.69 billion euro surplus in trade of services in the third quarter, widening from 2.116 billion in the previous quarter, the Central Statistical Office (KSH) said on Wednesday.
PPI edges down to 41.7 percent in October
Hungary's industrial producer price index rose by an annual 41.7 percent in October, slowing down from a 42.7 percent increase in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Economic development minister welcomes low number of job seekers
The government's action plan introduced "to counterbalance Brussels's ill-advised sanctions" has stood the test and managed to save jobs, the minister of economic development said on Tuesday, referring to the latest monthly report by the National Employment Service (NFSz).
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Finance ministry: IMF acknowledges results of disciplined fiscal policy
The International Monetary Fund acknowledged the results of the fiscal discipline exercised by the Hungarian government, in a concluding statement after an official staff visit to the country this month, the finance ministry said on Friday.
Finance Minister: Hungary economy faces tough times
Hungary's economy and its players must prepare to perform in an increasingly difficult international environment, Mihaly Varga, the finance minister, told an annual event of the National Association of Businesses and Employers (VOSZ) in Budapest on Friday.
Central bank: Hungary competitiveness improves
Hungary's competitiveness has risen to take place 17 among European Union countries, over the average of Visegrad Group members, Akos Szalai of the National Bank of Hungary (NBH) told a press conference on Tuesday, presenting the NBH's Competitiveness Report 2022.
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Finance minister: Public debt down more than earlier projected
Fresh data show that the public debt dropped to 76.8 percent of GDP by the end of last year, lower than earlier projected, while the ESA budget deficit was 6.8 percent, as against the earlier projection of 7.5 percent, Finance Minister Mihaly Varga said ...
Central bank raises base rate by 50 points
Hungarian rate-setters raised the central bank's (NBH) base rate by 50 basis points to 5.90 percent at their regular policy meeting on Tuesday.
NBH raises one-week deposit rate by 200 bp to 9.75 percent
The National Bank of Hungary (NBH) raised the rate for its one-week deposit facility by 200 basis points to 9.75 percent on Thursday.
