Economy

In a speech to the Hungarian Chamber of Commerce and Industry, Prime Minister Viktor Orbán reaffirmed his government’s long-standing economic philosophy: Prioritize performance, reduce burdens on business, and resist external pressures from Brussels.

The volume of export decreased by 2.3%, while that of import lessened by 0.1% in April 2025, compared to the same period of the previous year. The surplus was EUR 1.4 billion, the balance lessened by EUR 354 million, year-on-year. The adjusted volume of ...

In April 2025, 1.4 million guests spent 3.4 million tourism nights at tourist (commercial, private and other) accommodation establishments. The number of tourist arrivals was up by 17% and tourism nights by 16% compared to a year earlier, helped by Good Friday and Easter ...

In April 2025, the average number of employed persons aged 15–74 was 4 million 666 thousand. The number of unemployed persons was 215 thousand and the unemployment rate 4.4%.

Erik Bánki said the budget was aimed at "ensuring an opportunity for everybody to prosper while maintaining fiscal discipline"

Full-time employees’ average gross earnings were HUF 714,400 and average net earnings reached HUF 490,400 in March 2025. Average gross earnings grew by 8.5%, net earnings increased by 8.4% and real earnings were 3.5% higher than a year earlier. Median gross earnings were HUF ...

A 15pc cap on markups on household products in 30 categories to help protect families and pensioners rolls out today.

Levente Magyar called out the European Commission for its "belated response" to the reciprocal tariffs and said it "should have done a better job".

Construction output volume, based on raw data, lagged behind the previous year’s level by 3.4% in March 2025. Among the main construction groups the construction of buildings lessened by 0.1%, that of civil engineering by 8.9%. Based on seasonally and working day adjusted indices ...

The volume of industrial production remained in March 2025 at the same month of the previous year’s level, while, based on working-day adjusted data, it lessened by 5.4% year-on-year. Compared to crude data, the significant difference is due to the fact that there were ...