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 ...
Hungary state debt ratio reaches 77.5 percent at end-Q2
Hungary's state debt relative to GDP reached 77.5 percent at the end of the second quarter, preliminary data released by the National Bank of Hungary (NBH) on Thursday show.
Q2 GDP growth surprises analysts
Hungary's GDP grew by an annual 6.5 percent in the second quarter, slowing from 8.2 percent in Q1, the Central Statistical Office (KSH) said in a first reading of data released on Wednesday.
Construction sector contracts in June
Output of Hungary's construction sector fell by an annual 8.1 percent in June, contracting for the first time in more than a year, data released by the Central Statistical Office (KSH) on Monday show. Output of the buildings segment fell by 4.8 percent and ...
S+P revises outlook on Hungary ‘BBB’ rating to negative
S+P Global Ratings affirmed Hungary's investment grade 'BBB' sovereign rating, but revised the outlook to negative from stable at a scheduled review on Friday.
