
August CPI climbs by 15.6 percent
Consumer prices in Hungary rose by an annual 15.6 percent in August, up from a 13.7 percent increase in July, driven by higher food and consumer durable prices, the Central Statistical Office (KSH) said on Thursday.

Trade deficit swells to EUR 1.150 billion in July
Hungary's trade deficit grew to 1.150 billion euros July, the Central Statistical Office said in a first reading of the data on Thursday.

Industrial output up 4 percent in July
Hungarian industrial output rose by an annual unadjusted 4 percent in July, up from an increase of 1.5 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday in a first reading of the data.

Guest nights up 15 percent in July
Guest nights spent in Hungarian commercial lodgings were up 15 percent year on year in July at 3,758,000, the Central Statistical Office (KSH) said on Tuesday.

July retail sales up 3.8 percent
Hungarian retail sales in July grew by an annual 3.8 percent, edging down from a 4.1 percent growth in June, the Central Statistical Office (KSH) said on Monday.

Preferential home construction VAT rate set to be applicable till end-2028
A 5 percent preferential VAT rate for home construction which has been extended until the end of 2024 could be applicable up until December 31, 2028 provided that construction begins by 2024, Finance Minister Mihaly Varga said on Tuesday.

Trade in services surplus reaches EUR 2.116 billion in Q2
Hungary had a 2.116 billion euro surplus in trade of services in the second quarter, widening from 1.578 billion euros in the same period a year earlier, data released by the Central Statistical Office (KSH) on Tuesday show.

Jobless rate up slightly to 3.5 percent
Hungary's jobless rate reached 3.5 percent in July, rising from 3.3 percent in the previous month but down from 3.9 percent twelve months earlier, data released by the Central Statistical Office (KSH) on Thursday show.

Finance minister: Hungary’s economy among fastest growing in EU
Hungary's economy has been growing despite the extended war, with 6.5 percent increase in the second quarter of this year which is over 50 percent more than the European Union average, the finance minister said on Facebook on Thursday.

Higher minimum wage, public sector pay keep wage growth in double digits
The average gross wage in Hungary climbed by an annual 15.4 percent to 503,500 forints (EUR 1,216) in June, the Central Statistical Office (KSH) said on Wednesday. The data for full-timers at businesses with at least five people on payroll show the average net ...