Gross wages up 15.2 percent yr/yr in August
Gross wages in Hungary grew by an annual 15.2 percent in August, to 555,900 forints (EUR 1,450), the Central Statistical Office (KSH) said on Tuesday.
Central bank governor addresses Beijing Belt and Road Forum
Gyorgy Matolcsy, the governor of the National Bank of Hungary (NBH), said in Beijing on Wednesday that Hungary's eastern opening policy dovetailed with China's Belt and Road Initiative which is why Hungary had been the first country in Europe to join the scheme.
Finance Minister calls for preserving EU member states’ economic sovereignty
Managing the increased budget deficits and debt levels within the European Union requires the introduction of a new kind of practice, but this must not lead to the European Commission taking over more elements of member states' national sovereignty, Hungary's finance minister said in ...
August construction sector output down 0.5 percent yr/yr
Output of Hungary's construction sector fell by an annual 0.5 percent in August, after an intermittent expansion in the previous month, the Central Statistical Office (KSH) said on Monday.
Measures to boost demand for government securities ‘extraordinarily effective’
Measures the government took in the summer to boost demand for government securities have "proven extraordinarily effective", resulting in marked increases in the stock of debt held by both retail and institutional investors, the economic development ministry said on Tuesday.
Inflation falls to 12.2 percent in September
Consumer price inflation in Hungary was an annual 12.2 percent in September, the Central Statistical Office (KSH) said on Tuesday. Inflation fell for the eighth month in a row after peaking at 25.7 percent in January.
IMF cuts Hungary GDP forecast
The International Monetary Fund (IMF) forecasts Hungary's economy contracting by 0.3 percent this year.
Budget deficit narrows to HUF 3,264.9 billion in September
Hungary's cash flow-based budget deficit narrowed to 3,264.9 billion forints (EUR 8.4bn) at the end of September on a surplus of 33.7 billion forints for the month, the finance ministry said in a first release of data on Monday.
Trade surplus widens to EUR 708 million in August
Hungary's trade surplus reached 708 million euros in August, widening from 559 million euros in the previous month, the Central Statistical Office (KSH) said in a first reading of data on Monday.
August industrial output down 5.3 percent
Output of Hungary's industrial sector in August fell by an annual 5.3 percent, after dropping 2.6 percent in the previous month, the Central Statistical Office (KSH) said on Friday.
