Industrial output down 6.9 percent in May
Output of Hungary's industrial sector fell by 6.9 percent year-on-year in May, after a 8.3 drop in the previous month, data released by the Central Statistical Office (KSH) on Thursday show.
Parliament passes 2024 tax laws
Despite a difficult economic situation in Europe and in Hungary the government will implement further tax cuts next year under the tax laws adopted by parliament on Tuesday, the finance ministry told MTI.
Hungary exports hit record high in Q1
Hungary's exports totalled over 50 billion euros in the first four months, an all-time record following a 12 percent increase from the record set last year, Foreign Minister Peter Szijjarto said on Tuesday.
Guest nights rise 3.8 percent in May
Guest nights spent in commercial and private tourism accommodation in Hungary were 3.8 percent up in May year on year, the Central Statistics Office (KSH) said on Tuesday.
Government sector deficit 9.8 pc of GDP in Q1
Hungary's government sector had a 1,728 billion forint deficit in the first quarter, equivalent to 9.8 percent of GDP, according to preliminary data released by the Central Statistical Office (KSH) on Tuesday.
Trade surplus at EUR 366 million in April
Hungary's trade surplus was at 366 million euros in April, narrowing from 886 million in March, the Central Statistical Office (KSH) said on Monday.
PMI falls under 50 in June
Hungary's seasonally-adjusted Purchasing Managers Index (PMI) fell to 44.2 points in June from 57.1 in May, dropping under the 50-point threshold that signals expansion in the manufacturing sector, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim) said on Monday.
Szijjarto: More investments in H1 already than in whole of 2022
More investments have arrived in Hungary in the first half of 2023 than in the whole of last year, which itself was a record-breaking year, Foreign Minister Peter Szijjarto said on Friday.
PPI up 11.2 percent in May
Hungarian industrial producer prices grew by an annual 11.2 percent in May, slowing from a 15.9 percent increase in the previous month, the Central Statistical Office (KSH) said on Friday.
Minister: Opening to the East policy working
Chinese companies have chosen Hungary as their top investment destination in Central Europe, Peter Szijjarto, the minister of foreign affairs and trade, said on Friday, showing that the government's strategy of opening up to the East is bearing fruit.
