Retail sales up 9.8 percent in February
Retail sales in Hungary rose by an annual 9.8 percent in February, the fastest rate in almost a year, the Central Statistical Office (KSH) said on Wednesday.
Industrial output up 4.5 percent
Industrial output grew by an annual 4.5 percent in February, the Central Statistical Office (KSH) said on Tuesday.
Finance minister: Public debt down more than earlier projected
Fresh data show that the public debt dropped to 76.8 percent of GDP by the end of last year, lower than earlier projected, while the ESA budget deficit was 6.8 percent, as against the earlier projection of 7.5 percent, Finance Minister Mihaly Varga said ...
Real wages grow by 5.4 percent in January
Wages grew by an annual 13.7 percent in January, up from 9.7 percent in December, the fastest growth in 18 months, the Central Statistical Office (KSH) said on Monday. Despite high inflation, real wages increased by 5.4 percent.
Jobless rate falls to 3.8 percent
Hungary's jobless rate was 3.8 percent in February, down from 4.2 percent in January and 4.5 percent in the same month a year earlier, the Central Statistical Office (KSH) said on Friday. The rate covers unemployment among people between the ages of 15 and ...
Opposition: PM, cbank governor 'to blame for inflation, poor state of economy'
Central bank points to ‘strong’ influence of war on economic activity in Inflation Report
The National Bank of Hungary (NBH) acknowledged the country's "dynamic" economic growth early in the year, following a record expansion in 2021, but said economic activity in the coming quarters will be "strongly influenced" by the war in Ukraine in its quarterly Inflation Report ...
Policy makers raise base rate 100 basis points to 4.40 percent
Hungarian rate-setters raised the central bank base rate by 100 basis points to 4.40 percent at a monthly policy meeting on Tuesday. The members of the Monetary Council also decided to raise the O/N deposit rate by 100 basis points to 4.40 percent and ...
Guest nights jump in January from low pandemic base
Guest nights at commercial accommodations in Hungary soared by an annual 446 percent to 951,000 in January, albeit from a low base impacted by travel restrictions because of the pandemic, the Central Statistical Office (KSH) said on Thursday.
Construction output up by 3.3 percent in January
Output growth of Hungary's construction sector slowed to an annual 3.3 percent in January, decelerating on a decline in the building segment, the Central Statistical Office (KSH) said on Wednesday.
Hungary trade balance shows deficit for seventh month in a row
Hungary's trade balance showed a deficit for the seventh month in a row in January, a first reading of data released by the Central Statistical Office (KSH) on Friday shows.