Construction sector contracts in June

Output of Hungary's construction sector fell by an annual 8.1 percent in June, contracting for the first time in more than a year, data released by the Central Statistical Office (KSH) on Monday show. Output of the buildings segment fell by 4.8 percent and ...

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Industrial output up 4.8 percent yr/yr

Industrial output adjusted for the number of working days grew by an annual 4.8 percent in June after an increase of 3.4 percent in May, according to a second reading of data the Central Statistical Office (KSH) published on Friday.

July CPI climbs to 13.7 percent

Consumer prices in Hungary rose by an annual 13.7 percent in July, up from an 11.7 percent increase in June, driven by higher food and consumer durable prices, the Central Statistical Office (KSH) said on Tuesday.

Industrial output up 1.5 percent in June

Industrial output in Hungary grew by an annual 1.5 percent in June, the Central Statistical Office (KSH) said in a first reading of data on Friday. Adjusted for the number of workdays, industrial output was up 4.8 percent compared with June 2021, KSH said.

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Central bank raises base rate by 100 points

Hungarian central bank (NBH) rate-setters raised the base rate by 100 basis points to 10.75 percent at a regular policy meeting on Tuesday. The NBH Monetary Council had raised the base rate by 200 basis points to 9.75 percent just two weeks earlier, taking ...

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Visegrad Group could power ahead with green policies

Visegrad Group countries could use green policies to multiply the effects of measures taken to restart their economies after the coronavirus pandemic is over, and Hungary could be a winner in the region, a fresh study published on Thursday said.

Industrial output grows 5.8 percent in December

Industrial output in Hungary increased by an annual 5.8 percent in December, a rise that was supported by two additional workdays in the period, the Central Statistical Office (KSH) said in a first reading of data released on Friday.