Economy

Hungary's trade balance in May posted a surplus of 1.146 billion euros, narrowing from 1.750 billion in April, the Central Statistical Office (KSH) said on Friday in a first reading of data.

Retail sales in Hungary grew by an annual 3.6 percent in May, down from 3.7 percent in April, the Central Statistical Office (KSH) said on Friday.

The number of registered job-seekers dropped to 222,800 in June, the lowest number since 1989, Sandor Czomba, the state secretary for employment policy at the national economy ministry, said on Tuesday citing figures from the National Employment Service.

According to preliminary data the deficit of the general government sector in the 1st quarter of 2024 was HUF 1,068 billion, 5.4% of GDP. The balance improved by HUF 611 billion, or by 4.0 percentage points as a proportion of GDP compared to the ...

Hungary had a 1.7 billion euro trade surplus in April, expanding from 1.6 billion in March, the Central Statistical Office (KSH) said in a second reading of data on Monday.

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 49.4 points in June, down from 51.3 points in May, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.

Guest nights at commercial and private accommodations in Hungary rose by an annual 13 percent to 3.7 million in May from the same period a year earlier, the Central Statistical Office (KSH) said on Friday.

Hungary's jobless rate was 4.3 percent in May, edging down from 4.4 percent in April, the Central Statistical Office (KSH) said on Friday.

Factory gate prices in Hungary fell by an annual 0.2 percent in May, falling for the tenth month in a row after rising for years, the Central Statistical Office (KSH) said on Friday.

Mandatory supermarket discounts on certain food produce including bread, meat and milk have fulfilled the aim of pushing down inflation, and the measure will be dropped from July 1, the national economy ministry said on Tuesday.