Economy

Hungary's annual consumer price index was 4.1 percent in July, the Central Statistical Office (KSH) said on Thursday.

Hungary's cash flow-based budget deficit narrowed to 2,443.3 billion forints (EUR 6.1bn) at the end of July on a 213 billion forint surplus for the month, the finance ministry said in a preliminary release of data on Thursday.

Output of Hungary's industrial sector fell by an annual 8.2 percent in June, the Central Statistical Office (KSH) said on Wednesday.

Hungary's effective minimum wage is midfield in European Union comparison, the national economy ministry said in a statement on Wednesday.

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.