Economy

Output of Hungary's industrial sector rose by an annual 4.5 percent in February, around half the pace in January, the Central Statistical Office (KSH) said in a detailed reading of data on Wednesday.

Output of Hungary's construction sector rose by an annual 42.3 percent in February, the highest pace in almost three years, the Central Statistical Office (KSH) said on Wednesday.

Consumer prices in Hungary grew by an annual 8.5 percent in March, quickening from 8.3 percent in the previous month, the Central Statistical Office (KSH) said on Friday. Month on month, inflation was 1 percent.

Hungary's cash-flow-based budget deficit, excluding local councils, was 2,309.4 billion forints at the end of March, the Finance Ministry said in a first release of data on Friday.

Hungary's trade balance showed a deficit of 91 million euros in February, the Central Statistical Office (KSH) said in a first reading of data.

Economic research institute Kopint-Tarki has lowered its forecast for this year's economic growth to 4 percent from 5 percent.

Guest nights at commercial accommodations in Hungary soared by an annual 413.5 percent to 1,082,000 in February, from a low base impacted by pandemic-related travel restrictions, the Central Statistical Office (KSH) said on Wednesday.

Retail sales in Hungary rose by an annual 9.8 percent in February, the fastest rate in almost a year, the Central Statistical Office (KSH) said on Wednesday.

Industrial output grew by an annual 4.5 percent in February, the Central Statistical Office (KSH) said on Tuesday.

Fresh data show that the public debt dropped to 76.8 percent of GDP by the end of last year, lower than earlier projected, while the ESA budget deficit was 6.8 percent, as against the earlier projection of 7.5 percent, Finance Minister Mihaly Varga said ...