Retail sales down 5.9 percent
Retail sales fell by an annual 5.6 percent in February, according to unadjusted data, the Central Statistical Office (KSH) said on Friday. Based on calendar-year adjusted data, sales were down 5.9 percent February.
February industrial production rises 1.9 percent yr/yr
Hungarian industrial production increased by an annual 1.9 percent in February, according to a first estimate issued by the Central Statistical Office (KSH) on Thursday.
Kopint-Tarki raises GDP forecast to 4.5 percent in 2021
Economic research institute Kopint-Tarki on Wednesday raised its forecast for Hungary's economic growth in 2021 to 4.5 percent from its December projection of 3.5 percent.
IMF raises GDP growth forecast for Hungary
The International Monetary Fund (IMF) raised its projection for Hungary's GDP growth this year to 4.3 percent in its fresh World Economic Outlook published on Tuesday.
Budget deficit 8.1 pc of GDP in 2020
Hungary's budget ran a 3,870 billion forint (EUR 10.7bn) deficit last year, equivalent to 8.1 percent of GDP, data released by the Central Statistical Office (KSH) on Thursday show.
Hungary gross wage HUF 411,000 in January
Gross wages grew by an annual 9.5 percent in January, the Central Statistical Office (KSH) said on Wednesday. Gross wages averaged 411,000 forints and 273,300 after tax.
Jobless rate 4.5 percent in February
The jobless number in February was 213,000, 46,000 more than in the same month a year earlier, rising 1 percentage point to 4.5 percent, the Central Statistical Office (KSH) said on Tuesday.
Szijjarto praises policy of Eastern opening
The high level of economic and trade cooperation between Hungary and Uzbekistan truly vindicates Hungary's decision to launch the policy of opening to the East, Peter Szijjarto, Hungary's minister of foreign affairs and trade, told MTI before the founding session of the Hungarian-Uzbek business ...
Moody’s keeps Hungary’s rating unchanged
Moody's Investors Service did not update Hungary's sovereign rating on Friday, although it was scheduled for a review.
NBH: CPI growth expected to be temporary
Hungary's inflation rise is expected to be temporary, with annual inflation coming to 3.8-3.9 percent in 2021, Andras Balatoni, the director of the central bank, told an online press conference on Thursday.
