Economy

Industrial output in Hungary grew by an annual 3.6 percent in March, the Central Statistical Office (KSH) said in a first reading of data on Friday.

The number of home building permits issued in Hungary rose by an annual 15.2 percent to 8,001 in the first quarter, data released by the Central Statistical Office (KSH) on Thursday show.

Guest nights at commercial accommodations in Hungary soared 464 percent year-on-year to 1,427,000 in March, rising from a low base impacted by travel restrictions because of the pandemic and supported by a four-day weekend for the March 15 national holiday, data released by the ...

Retail sales in March grew by an annual 16.2 percent from a low base, the Central Statistical Office (KSH) said on Wednesday.

Hungary's jobless rate was 3.6 percent in March, falling from 3.8 percent in February and 4.0 percent in the same month a year earlier, the Central Statistical Office (KSH) said on Thursday.

Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40 percent at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio.

The average gross wage of full-time employees in February was 546,000 forints (EUR 1,470), 31.7 percent higher than the same period a year prior, the Central Statistical Office (KSH) said on Tuesday.

Hungary's 8.6 percent inflation is in the European Union middle range, according to Eurostat data, Finance Minister Mihaly Varga said on Friday.

Output of Hungary's industrial sector rose by an annual 4.5 percent in February, around half the pace in January, the Central Statistical Office (KSH) said in a detailed reading of data on Wednesday.

Output of Hungary's construction sector rose by an annual 42.3 percent in February, the highest pace in almost three years, the Central Statistical Office (KSH) said on Wednesday.