LMP slams government for 'failed' inflation policy

January CPI spikes at 7.9 percent

Consumer prices in Hungary rose by 7.9 percent year-on-year in January, climbing from 7.4 percent in the previous two months, data released by the Central Statistical Office (KSH) on Friday show.

Trade balance returns to surplus in December

Hungary's trade balance returned to a surplus in December, a first reading of data released by the Central Statistical Office (KSH) on Tuesday shows. Hungary has had trade deficits every month since July. In December, the trade balance showed a surplus of 187 million ...

Szijjarto: Hungarian economy supported by multiple pillars

A signal achievement of the past 10-12 years is that the Hungarian economy is supported by multiple pillars and many of its sectors are globally competitive, Peter Szijjarto, the minister of foreign affairs and trade, said in Aszod on Tuesday, announcing an investment by ...

Guest nights jump 630 percent in December from low pandemic base

Guest nights at commercial accommodations in Hungary rose by 630 percent year-on-year to 1,164,000 in December, albeit from a low base impacted by travel restrictions during the third wave of the coronavirus pandemic, data released by the Central Statistical Office (KSH) on Monday show.

PMI falls to 50.7 in January

Hungary's seasonally adjusted Purchasing Managers Index (PMI) fell to 50.7 points in January from 65.5 in December, Halpim, the company that compiles the index, said on Tuesday.