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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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.

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.

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 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 ...