Finance ministry: Government ensuring budget stability

Despite the prolonged war in Ukraine and challenges posed by the European Union's sanctions policy, the Hungarian economy has proved resilient, the finance ministry said in its latest monthly report on Wednesday.

Industrial output up by 2 percent in December

Output of Hungary's industrial sector rose by an annual 2.0 percent in December, picking up from 0.6 percent in the previous month, the Central Statistical Office (KSH) said on Tuesday.

Guest nights up 22 percent in December

Guest nights spent in commercial accommodations in Hungary in December increased by an annual 22 percent to 1,738,000, the Central Statistical Office (KSH) said on Wednesday.

Finance Minister points to GDP growth over 4 percent in 2024

Hungary's GDP growth could climb over 4 percent next year, thanks to measures bolstering stability, Finance Minister Mihaly Varga said at an event organised by governing alliance partner KDNP and the National Forum Association in Lakitelek, in the southeast of the country, on Saturday.

S+P downgrades Hungary to BBB-

S+P Global Ratings downgraded Hungary's sovereign rating one notch to BBB- from BBB at a scheduled review on Friday.

Jobless rate 3.9 percent in December

Hungary's jobless rate was 3.9 percent in December, up from 3.8 percent in the previous month, the Central Statistical Office (KSH) said on Friday.