Finance Minister: Hungary rejects EC intervening in member states’ budgets
The Hungarian government rejects the European Commission's "even stronger interference" in member states' budgets, Mihaly Varga, the finance minister, said before the meeting of the Council of Finance Ministers (Ecofin) in Luxembourg on Friday, adding that the EC's firmer hand would introduce "yet another ...
Construction output down 3.2 percent in April
Output of Hungary's construction sector fell by an annual 3.2 percent in April, the Central Statistical Office (KSH) said on Wednesday.
Industrial output down 8.3 percent yr/yr in April
Industrial output fell by an annual 8.3 percent in April, following a 4.1 percent decline in the previous month, a detailed release of data by the Central Statistical Office (KSH) on Wednesday shows.
Finance Minister: 2024 budget ‘defence budget’
Addressing the debate of the 2024 budget in parliament on Tuesday, Finance Minister Mihaly Varga qualified the budget as "a defence budget", saying that in times of war Hungary must guarantee its security, protect families, pensions, jobs and maintain low utility costs.
Consumer prices up 21.5 percent yr/yr in May
Consumer prices in Hungary rose by an annual 21.5 percent in May, the Central Statistical Office (KSH) said on Thursday.
Trade surplus EUR 308 million in April
Hungary posted a trade surplus of 308 million euros in April, the Central Statistical Office (KSH) said in a first reading of data on Thursday.
Industrial output down 8.3 percent in April
Output of Hungary's industrial sector fell by 8.3 percent year-on-year in April, after a 4.1 drop in the previous month, data released by the Central Statistical Office (KSH) on Wednesday show.
OECD forecasts flat GDP for Hungary in 2023
The OECD lowered its forecast of Hungary's GDP in 2023 to 0.0 percent in its biannual Economic Outlook published on Wednesday.
Retail sales down 12.6 percent in April
Retail sales in Hungary fell by an annual 12.6 percent in April, when adjusted for calendar year effects, the Central Statistical Office (KSH) said on Tuesday.
Orbán holds talks with AIIB president
Prime Minister Viktor Orbán held talks with Jin Liqun, president of the Asian Infrastructure Investment Bank (AIIB), in his office on Monday, Orban's press chief said.