GDP contracts by 2.4 percent in Q2
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 ...
Construction output contracts at slower pace in June
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 June falls 3.8 percent
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.
Spokeswoman: Government measures halve food inflation
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.
Annual inflation falls to 17.6 percent in July
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.
Trade surplus widens to EUR 1.481 billion in June
Hungary's trade surplus widened to 1.481 billion euros in June from 1.129 billion in May, the Central Statistical Office (KSH) said in a first reading of data on Tuesday.
Foreign visitors generate one-fourth of Balaton tourism turnover
Foreign visitors account for a little more than one-fourth of guest nights at destinations around Lake Balaton this summer, the Hungarian Tourism Agency (MTU) said on Friday.
Retail sales fall 7.8 percent yr-on-yr, but increase 0.7 percent compared to the previous month
In June 2023, the volume of sales in retail trade – along with a significant base effect - decreased by 7.8% according to raw data and by 8.3% when adjusted for calendar effects compared to the same period of the previous year, the Central ...
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 ...
