Economy

Retail sales increased by an annual 2.6 percent in June, according to unadjusted data, the Central Statistical Office (KSH) said on Tuesday.

Hungary had a 1.1 billion euros trade surplus in June, widening from 1.0 billion in May, the Central Statistical Office (KSH) said in a first reading of data released on Monday.

The number of registered job-seekers in Hungary reached a record low in July, Sandor Czomba, state secretary at the national economy ministry, said in a statement on Friday.

Hungary's trade balance in May posted a surplus of 1.0 billion euros, deteriorating by 218 million euros from the previous year, the Central Statistical Office (KSH) said in a second reading of data on Thursday.

Hungary's economy could grow by 1.8-2.2 percent this year and 3.5 percent could be achieved "by all means" next year, the finance minister said on Wednesday.

The number of completed homes was down by 18 percent year on year in the first half of 2024, at 6,027, the Central Statistical Office (KSH) said on Wednesday.

Factory gate prices in Hungary were up by 2.7 percent year-on-year in June, climbing for the first time in close to a year, the Central Statistical Office (KSH) said on Wednesday.

Hungarian gross domestic product grew by an annual 1.5 percent in the second quarter, the Central Statistics Office (KSH) said in a first reading of data on Tuesday. Adjusted for calendar-year effects, GDP grew by 1.3 percent.

The number of guest nights spent in commercial accommodations in Hungary came to 4.2 million in June, up 3.1 percent year on year, the Central Statistical Office (KSH) said on Tuesday.

The European Union supports the G20's roadmap for enhancing cross-border payments, Mihaly Varga, the finance minister, told public broadcaster Kossuth Radio on Friday.