Investment growth at 2.5 percent in Q1
Investment volume in Hungary rose by an annual 2.5 percent in the first quarter of 2021, level with the rate of growth in the previous quarter, the Central Statistical Office (KSH) said on Monday.
Wage growth slows to 8.7 percent in March
Year-on-year wage growth in Hungary slowed to 8.7 percent in March from 9.8 percent in the previous month, data released by the Central Statistical Office (KSH) on Friday show.
Analyst expects an improvement in the coming months as the economy re-opens
Jobless rate rises to 4.4 percent
Hungary's jobless rate reached 4.4 percent in April, climbing 0.4 percentage point from the previous month as well as from the same month a year earlier, data released by the Central Statistical Office (KSH) on Thursday show.
Finance minister puts Q2 GDP growth at 12-14 percent
Hungary's economy could grow by around 12-14 percent in the second quarter, Finance Minister Mihaly Varga said at an annual meeting of the Joint Venture Association on Thursday.
Minister: Hungary won’t accept CAP deal that hurts farmers
Hungary will not accept an agreement on the European Union's Common Agricultural Policy that hurts Hungarians who make a living from agriculture, Istvan Nagy, the minister of agriculture, said after the first day of a meeting of the bloc's Agriculture and Fisheries Council in ...
Banking association backs only targeted support for borrowers in need
The Hungarian Banking Association on Wednesday said it cannot back support for borrowers that extends beyond those who really need it in minutes from an annual meeting of the professional body's board.
Civil organisations call on government to withdraw proposal on sale of council-owned rental flats
Professional organisations have called for the withdrawal of draft legislation on the mandatory sale of local council-owned rental apartments, originally maintained by councils to help vulnerable citizens.
Central bank leaves base rate on hold
Hungarian rate-setters left the central bank base rate at 0.60 percent on Tuesday, while also leaving the interest rate corridor unchanged, the National Bank of Hungary (NBH) announced.
Finance minister: Hungary poised to lead EU economic rebound
Hungary is poised to lead the European Union's post-pandemic economic rebound, Finance Minister Mihaly Varga said after meeting his EU counterparts in Lisbon on Friday.
Szijjarto calls for more EU free trade deals
Hungary urges the European Union to sign as many free trade agreements as it can over the coming period, Peter Szijjarto, the minister of foreign affairs and trade, said during a break in a meeting with his EU counterparts in Brussels on Thursday.
