Home prices increase 6.7 percent in September
Prices of homes in Budapest averaged HUF 1,070,000/sqm at the start of October but were as high as HUF 1,730,000/sqm in central District V.
Prices decrease from August to September
Consumer prices were 3.0% higher on average in September 2024 than a year earlier. Over one month, they decreased by 0.1% on average, within which motor fuels became 3.7% cheaper, the Central Statistical Office said.
External trade surplus at EUR 671 million in August
The value of export was 4.1% lower, that of import decreased by 4.2% in EUR terms in August 2024 compared to the same period of the previous year. The balance of the external trade in goods deteriorated by EUR 10 million. Compared to the ...
Retail sales up by 4.1 percent
In August 2024, the volume of sales in retail trade increased by 3.2% according to raw data and by 4.1% when adjusted for calendar effects compared to the same period of the previous year. Calendar-adjusted sale volumes grew by 7.5% in specialized and non-specialized ...
Hungary is among best-performing countries in World Bank report
The National Economy Ministry said that Hungary ranked at the top of the regulatory framework pillar of the B-Ready 2024 report, among 50 countries.
Industrial production drops by 9.5 percent
The volume of industrial production dropped in August 2024 by 9.5% based on working-day adjusted data, production declined by 4.1%, year-on-year,the Central Statistical Office said.
Minister Gulyás: Our goal is to achieve 3 percent to 6 percent growth
During a Government Info press briefing held in Geszt, Minister of the Prime Minister’s Office Gergely Gulyás outlined Hungary's ambitious economic plans for the coming years, stressing that the government's goal is to achieve a growth rate of 3 percent to 6 percent annually. ...
NBH raises gold reserves to 110 tonnes
The National Bank of Hungary (NBH) has decided to raise the volume of monetary gold in its international reserves from 94.5 tonnes to 110 tonnes, the central bank said on Monday.
Guest nights climb 3.6 percent in August
Guest nights at commercial and private tourism accommodations in Hungary rose 3.6pc to 6,987,000 in August from the same period a year earlier, data released by the Central Statistics Office (KSH) on Monday show.
NBH issues recommendation on gauging ESG risk
The National Bank of Hungary (NBH) has issued a recommendation for lenders and financial companies on integrating ESG risks into credit risk, the central bank and financial market regulator said on Monday.
