Hungary GDP at 77 percent of EU average

Hungarian GDP is 77 percent of the European Union average, up from 75 percent in 2022, the head of the prime minister's office said on Friday, adding that its performance belied the "crowing of leftist experts and the opinions of the central bank".

Jobless rate slightly up

Hungary's jobless rate was 4 percent in February, up from 3.9 percent in the previous month, the Central Statistical Office (KSH) said on Friday.

Economic growth to continue, Finance Minister says

The government expects economic growth to continue in the next twelve to eighteen months, exceeding 4 percent in 2024, while state debt and government budget deficit will fall, Finance Minister Mihaly Varga said at an event of the Chamber of Commerce and Industry on ...

Inflation in February at 25.4 percent

Consumer prices were up by an annual 25.4 percent in February, driven mostly by household energy and food prices, the Central Statistical Office (KSH) said on Wednesday. Month on month, prices edged up by 0.8 percent. The highest price rises were measured for electricity, ...

Budget deficit HUF 1,525 billion in February

Hungary's cash-flow-based budget balance finished February with a 1,525.1 billion forint (EUR 4bn) deficit, the Finance Ministry said in a preliminary release of data on Wednesday.