Guest nights jump by 413.5 percent in February

Guest nights at commercial accommodations in Hungary soared by an annual 413.5 percent to 1,082,000 in February, from a low base impacted by pandemic-related travel restrictions, the Central Statistical Office (KSH) said on Wednesday.

Retail sales up 9.8 percent in February

Retail sales in Hungary rose by an annual 9.8 percent in February, the fastest rate in almost a year, the Central Statistical Office (KSH) said on Wednesday.

Finance minister: Public debt down more than earlier projected

Fresh data show that the public debt dropped to 76.8 percent of GDP by the end of last year, lower than earlier projected, while the ESA budget deficit was 6.8 percent, as against the earlier projection of 7.5 percent, Finance Minister Mihaly Varga said ...

Real wages grow by 5.4 percent in January

Wages grew by an annual 13.7 percent in January, up from 9.7 percent in December, the fastest growth in 18 months, the Central Statistical Office (KSH) said on Monday. Despite high inflation, real wages increased by 5.4 percent.

Jobless rate falls to 3.8 percent

Hungary's jobless rate was 3.8 percent in February, down from 4.2 percent in January and 4.5 percent in the same month a year earlier, the Central Statistical Office (KSH) said on Friday. The rate covers unemployment among people between the ages of 15 and ...

Policy makers raise base rate 100 basis points to 4.40 percent

Hungarian rate-setters raised the central bank base rate by 100 basis points to 4.40 percent at a monthly policy meeting on Tuesday. The members of the Monetary Council also decided to raise the O/N deposit rate by 100 basis points to 4.40 percent and ...

Guest nights jump in January from low pandemic base

Guest nights at commercial accommodations in Hungary soared by an annual 446 percent to 951,000 in January, albeit from a low base impacted by travel restrictions because of the pandemic, the Central Statistical Office (KSH) said on Thursday.

Construction output up by 3.3 percent in January

Output growth of Hungary's construction sector slowed to an annual 3.3 percent in January, decelerating on a decline in the building segment, the Central Statistical Office (KSH) said on Wednesday.