Economy

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.

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.

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 Global Ratings affirmed Hungary's investment grade 'BBB' sovereign rating, but revised the outlook to negative from stable at a scheduled review on Friday.

Industrial output adjusted for the number of working days grew by an annual 4.8 percent in June after an increase of 3.4 percent in May, according to a second reading of data the Central Statistical Office (KSH) published on Friday.

Consumer prices in Hungary rose by an annual 13.7 percent in July, up from an 11.7 percent increase in June, driven by higher food and consumer durable prices, the Central Statistical Office (KSH) said on Tuesday.

Hungary had a 471 million euro trade deficit in June, a first reading of data released by the Central Statistical Office (KSH) on Monday shows.

Guest nights at commercial accommodations in Hungary climbed 58 percent year-on-year to 2,596,000 in June, rebounding from a low pandemic base, data released by the Central Statistical Office (KSH) on Friday show.

Industrial output in Hungary grew by an annual 1.5 percent in June, the Central Statistical Office (KSH) said in a first reading of data on Friday. Adjusted for the number of workdays, industrial output was up 4.8 percent compared with June 2021, KSH said.

Hungarian retail sales in June grew by an annual 4.1 percent, down from 12 percent growth in May, the Central Statistical Office (KSH) said on Wednesday.