Varga: Hungary debt management stable
The management of Hungary's public debt is stable and based on several pillars, Mihaly Varga, the finance minister, said in a YouTube video on Monday.
Industrial output edges up in October
The output of Hungary's industrial sector was up by an annual 0.6 percent in October, slowing from a 2.2 percent increase in the previous month, the Central Statistical Office (KSH) said.
Retail sales fall 2.4 pc in October
Retail sales in Hungary fell by an annual 2.4 percent in October as vehicle fuel and non-food sales dropped, the Central Statistical Office (KSH) said.
Full year GDP decline expected to be 6 percent
Hungary's economy shrank by 4.6 percent in the third quarter, according to a second reading of data released by the Central Statistical Office (KSH) on Tuesday.
Economy set for capacity boost in Q2 2021
Hungary is expected to see an increase in economic capacity from the second quarter of 2021 after businesses begin running the new technologies and machinery they invested in through the government's investment support scheme, Peter Szijjarto, the foreign affairs and trade minister, said on ...
Hungary Q3 GDP contracts by 4.6 pc
Hungary's economy shrank by 4.6 percent in the third quarter, according to a second reading of data released by the Central Statistical Office (KSH) on Tuesday.
Employment down by 0.8 pc in Aug-Oct
The three-month rolling employment figure in August-October was down 0.8 percent at 4,482,000 from the same period a year earlier, the Central Statistical Office (KSH) said on Friday.
Analysts: Post-pandemic growth could boost Hungary development
Hungary could approach the level of development in western Europe by 2030 if GDP growth returns to an annual 4 percent after the coronavirus crisis, the Hungarian office of US consultancy firm McKinsey has said.
Investment volume falls by 12 percent in Q3
Investment volume in Hungary fell by an annual 12.0 percent in the third quarter of 2020, the Central Statistical Office (KSH) said on Thursday.
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.
