Finance Minister: Hungary back on growth path

Hungary has returned to a path of growth in spite of the Russia-Ukraine war, the ongoing "political attacks from Brussels and the pressure from Washington", Finance Minister Mihaly Varga told the 30th congress of Hungary's ruling Fidesz party on Saturday.

Quarterly growth signals end of recession

Hungary's economy in the third quarter expanded by 0.9 percent compared with the previous quarter, adjusted data show, and contracted by 0.4 percent year on year, based on unadjusted data, the Central Statistical Office (KSH) said on Tuesday.

Industrial output down by 7.3 percent in September

Headline industrial output fell by 7.3 percent year-on year in September, following a 5.2 percent decline in the previous month, a detailed release of data by the Central Statistical Office (KSH) on Monday shows.

International arrivals still power tourism

In September 2023, 1.4 million guests spent 3.4 million tourism nights at tourist accommodation establishments (commercial, private and other accommodation establishments), the Central Statistical Office said on Wednesday. The number of guests was 9.4% higher and that of tourism nights 5.8% higher than a ...