Industrial output down 3.8 percent

Output of Hungary's industrial sector dropped by an annual 3.8 percent in June, 6.1 percent when adjusted for the number of workdays, the Central Statistical Office (KSH) said in the 1st reading of data on Friday.

Arrivals increase, nights spent slightly drops in June

In June, 1.6 million guests spent 4.0 million tourism nights at tourist accommodation establishments (commercial, private and other accommodation establishments), data released by the Central Statistical Office revealed. The number of guests was 3.8% higher and that of tourism nights 0.8% lower than a ...

PPI at 6.4 percent in June

Factory gate prices in Hungary rose by an annual 6.4 percent in June, slowing from 11.2 percent in the previous month, the Central Statistical Office (KSH) said on Monday.

Home building permit issues plunge in H1

The number of home building permits issued in Hungary fell by 38.6 percent year-on-year to 10,880 in the first half, data released by the Central Statistical Office (KSH) on Monday show.

Jobless rate 3.8 percent in June

Hungary's jobless rate was 3.8 percent at the end of June, unchanged from the previous month, the Central Statistical Office (KSH) said on Friday.

Central bank keeps base interest rate on hold

Hungarian central bank (NBH) rate-setters kept the base rate unchanged at 13.0 percent at a regular policy meeting on Tuesday. At the same time, the Monetary Council decided to narrow the interest corridor further, the upper band lowered by 100 basis points to 17.5 ...

Nagy: Single-digit inflation, sustainable growth main goals

Hungary's biggest task is to reduce inflation to single digits, while growth must be restored and set on a sustainable path, the minister of economic development said at a European Union Competitiveness Council meeting held in Bilbao.

Gross wages up by 17.9 percent yr/yr in May

In May 2023 full-time employees’ average gross earnings were HUF 567,800 and average net earnings with tax benefits reached HUF 391,500. Average gross earnings grew by 17.9%, and average net earnings were 17.7% higher than a year earlier.