Wage growth at 10.1 pc in April

Wage growth in Hungary increased by an annual 10.1 percent in April, picking up from 8.7 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.

Jobless rate falls to 3.9 percent in May

Hungary's jobless rate was 3.9 percent in May, falling half a percentage point from the previous month and 0.6 pp from the same month a year earlier, the Central Statistical Office (KSH) said on Tuesday.

Central bank, government advance in strategic alliance, in spite of differences

Finance minister says now not the time for budget cuts

Economic policy should be focused on supporting investments, creating jobs and recovering capacities lost to the crisis caused by the coronavirus pandemic, Hungary's finance minister said after a meeting with his Visegrad Group counterparts in Warsaw on Tuesday.

Matolcsy warns 2022 overspending could fuel inflation

National Bank of Hungary (NBH) governor Gyorgy Matolcsy said he believes the 5.9-percent-of-GDP deficit target in the 2022 budget is "a mistake" and could set the country up for "persistently high inflation" in a column published on the website of daily Magyar Nemzet on ...

Fidesz: Economy to see 'unprecedented growth spurt'

Finance minister: Action plan to relaunch economy at heart of 2022 budget

The action plan to relaunch the economy is at the heart of the 2022 budget and will help people facing hardships due to the coronavirus pandemic back on their feet, Finance Minister Mihaly Varga said on Sunday. Varga told public Kossuth Radio that Hungary ...

Finance minister: EU acknowledges Hungary’s economic recovery

The European Union acknowledges that Hungary is on the path to economic recovery from the coronavirus crisis, Finance Minister Mihaly Varga said on Friday, noting that the European Commission has raised its projection for Hungary's GDP growth this year to 5 percent from 4 ...

Szijjarto: Cooperation with Turkey economic, security priority

Hungary's government sees strengthening cooperation with Turkey as an economic and security priority, Peter Szijjarto, Hungary's minister of foreign affairs and trade, said on Friday, after meeting Turkish Minister of Trade Mehmet Mus in Budapest.