Ministry: Hungary supports more disciplined EU fiscal policy

The Hungarian government is committed to reducing the country's budget deficit and public debt, and supports measures aimed at more stringent financial management at the level of the European Union, the finance minister said on Monday.

Decline continues in home construction

In the first three quarters of 2023, 10,808 new dwellings were built, 21% fewer than a year earlier, data released by the Central Statistical Office (KSH) on Monday show. . The number of homes to be built based on issued dwelling construction permits and ...

PMI up at 50.5 in October

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 50.5 points in October from 47.4 in September, climbing above the 50 point threshold that signals expansion in the manufacturing sector, Halpim, the compiler of the index, said on Thursday.

Trade surplus at EUR 665 million in August

Hungary's trade surplus was 665 million euros in August and its trade balance improved by 2.3 billion euros compared with the same month last year, the Central Statistical Office (KSH) said in a second reading of data on Thursday.

Government to continue phasing out sectoral taxes

The government will continue to gradually phase out special taxes on some sectors of the economy, the finance ministry said prior to submitting a bill on tax changes for next year to lawmakers on Tuesday.

September PPI down 2.5 percent yr/yr

The Hungarian industrial producer price index in September fell by an annual 2.5 percent, the Central Statistical Office (KSH) said on Tuesday.

Jobless rate 3.9 percent in September

Hungary's jobless rate stood at 3.9 percent in September, edging down from 4 percent in August but up from 3.7 percent twelve months earlier, the Central Statistical Office (KSH) said on Friday.