Economy

The number of registered jobseekers was only 228,504 in Hungary in August in spite of the challenging economic situation, the state secretary for employment policy said, citing figures from the National Employment Service (NFSz), on Wednesday.

Hungary's trade of services posted a 2.729 billion euro surplus in the second quarter, the Central Statistical Office (KSH) said on Wednesday.

Hungarian central bank (NBH) rate-setters kept the base rate unchanged at 13.0 percent at a regular policy meeting on Tuesday.

In June 2023 full-time employees’ average gross earnings were HUF 566,800 and average net earnings with tax benefits reached HUF 390,900. Average gross earnings grew by 16.0%, and average net earnings were 15.9% higher than a year earlier.

Hungary's public debt in proportion to GDP was 75 percent at the end of the second quarter, marginally higher than 74.9 percent at the end of Q1, according to preliminary data released by the National Bank of Hungary (NBH) on Friday.

Hungary's economy contracted by an annual 2.4 percent in the second quarter, a first reading of data released by the Central Statistical Office (KSH) on Wednesday shows. The data comes as a surprise, as the majority of experts expected yr-on-yr expansion in the second ...

Output of Hungary's construction sector dropped by 3.8 percent year on year in June, the Central Statistical Office (KSH) said on Tuesday.

Industrial output in Hungary fell by an annual 3.8 percent in June after dropping 6.7 percent in the previous month, the Central Statistical Office (KSH) said on Tuesday.

Measures the government has rolled out have cut food price inflation by half from the earlier peak, government spokeswoman Alexandra Szentkiralyi said on public radio on Sunday.

Consumer prices in Hungary grew by an annual 17.6 percent in July, the Central Statistical Office (KSH) said on Tuesday. Inflation fell for the sixth month in a row after peaking at 25.7 percent in January.