Construction sector output slows to a crawl
Output of Hungary's construction sector rose by an annual 3.2 percent in April, slowing from double-digit growth in the previous couple of months, the Central Statistical Office (KSH) said on Wednesday.
Hungary repays HUF 450 billion of debt
Hungary has repaid 450 billion forints' worth of debt, the finance minister said on Tuesday.
Industrial output up 3.1 percent in April
Hungarian industrial output grew by an annual 3.1 percent in April, slowing from 3.6 percent in the previous month, the Central Statistical Office (KSH) said on Tuesday in a second reading of data.
Passenger transport volume rebounds in Q1, still under pre-pandemic levels
The volume of passenger transport in Hungary rose by an annual 69 percent in the first quarter, to 4.9 billion passenger-kilometres, but was still 27 percent under the volume in the same period in 2019, the Central Statistical Office (KSH) said on Monday.
Forint weakens to new low against euro
The forint hit a new historic low against major currencies on Monday, trading at 402.96 to the euro late in the afternoon.
Varga: next year’s budget to preserve achievements, guarantee security
The public utility price cut protection fund and the defence fund are necessary to ease the burden on families, preserve the government's achievements and, in response to the war situation, to guarantee the country's peace and security, Finance Minister Mihaly Varga told public broadcaster ...
Finance minister: Success of FX bond issues shows investors’ trust in economy
Investors have demonstrated trust in the Hungarian economy despite the war in Ukraine, with successful FX bond issues in total value of 3 billion dollars and 750 million euros, the finance minister said on Thursday.
LMP calls for wage increase to match inflation in public sector
Annual inflation reaches double digits
Consumer prices in Hungary rose by an annual 10.7 percent in May, up from 9.5 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Industrial output slows as automotive sector sputters
Output of Hungary's industrial sector rose by an annual 3.1 percent in April, slowing from 3.6 percent in the previous month, as output of automotive companies continued to shrink, the Central Statistical Office (KSH) said in a first reading of data on Wednesday.
Finance minister submits draft budget focusing ensuring security, growth
Hungary's finance minister on Tuesday submitted the government's draft 2023 budget to parliament, declaring the bill would "protect the government's achievements, ensure the security of Hungarian families and keep the economy on a growth path."
