Services trade surplus EUR 3.1 billion in Q2
Service exports calculated in EUR increased by 2.4%, imports lessened by 3.4% in the 2nd quarter of 2025, compared to the same period of the previous year. The surplus reached EUR 3.1 billion, EUR 423 million higher than in the 2nd quarter of 2024. ...
Real earnings grow by nearly 5 percent
Full-time employees’ average gross earnings were HUF 704,400 and average net earnings reached HUF 484,200 in June 2025. Average gross earnings grew by 9.7%, net earnings increased by 9.6% and real earnings were 4.8% higher than a year earlier. Median gross earnings were HUF ...
Investments drop 8 percent
The volume of investments was 8.0% lower according to raw data in the 2nd quarter of 2025 compared to the same period of the previous year. Compared with the previous quarter, based on seasonally adjusted data, the value of investments lessened by 1.1% at ...
Ministry of National Economy: Hungary’s finances remain stable and budget stands on solid ground
NGM highlights disciplined fiscal policy alongside Europe’s largest tax cut program
Automotive slowdown puts the brakes on Hungary’s industry
The volume of industrial production lagged behind the one year earlier level by 4.9% in June 2024. The working day adjusted index is equal to the non-adjusted one. Production declined in the majority of the manufacturing subsections. According to seasonally and working-day adjusted data, ...
Construction up from last year
Construction output volume, based on raw data, was above the previous year’s level by 2.6% and by 0.9% based on calendar-adjusted index in June 2025. Among the main construction groups the construction of buildings rose by 0.4%, that of civil engineering grew by 6.5%. ...
Consumer price increase remains above 4 percent
Consumer prices were 4.3% higher on average in July 2025 than a year earlier. Compared to June, prices were 0.4% higher on average.
Retail trade surges in June
In June 2025, the volume of retail trade in both raw and calendar-adjusted data was 3.0% higher than in the same month of the previous year. Compared to the same period of the previous year, calendar-adjusted sale volumes expanded by 3.7% in specialized and ...
Industrial production still in terrible shape
The volume of industrial production lagged behind the one year earlier level by 4.9% in June 2025. The working day adjusted index is equal to the non-adjusted one. According to seasonally and working-day adjusted data, industrial output was 1.2% lower than in May 2025.
Construction permits up by more than 40 percent
In the first half of 2025, 5,129 new dwellings were built, 15% fewer than a year earlier. The number of dwellings to be built based on issued construction permits and simple declarations was 12,830, 43% more than in the same period of 2024.
