Hungary gross wage HUF 411,000 in January

Gross wages grew by an annual 9.5 percent in January, the Central Statistical Office (KSH) said on Wednesday. Gross wages averaged 411,000 forints and 273,300 after tax.

Jobless rate 4.5 percent in February

The jobless number in February was 213,000, 46,000 more than in the same month a year earlier, rising 1 percentage point to 4.5 percent, the Central Statistical Office (KSH) said on Tuesday.

Szijjarto praises policy of Eastern opening

The high level of economic and trade cooperation between Hungary and Uzbekistan truly vindicates Hungary's decision to launch the policy of opening to the East, Peter Szijjarto, Hungary's minister of foreign affairs and trade, told MTI before the founding session of the Hungarian-Uzbek business ...

NBH: CPI growth expected to be temporary

Hungary's inflation rise is expected to be temporary, with annual inflation coming to 3.8-3.9 percent in 2021, Andras Balatoni, the director of the central bank, told an online press conference on Thursday.

Szijjarto: Hungary aims for closest cooperation possible with UK

Hungary aims to maintain the closest possible cooperation with the United Kingdom after Brexit, Foreign Minister Peter Szijjarto said in a video on Facebook. Szijjarto noted that a trade deal signed by the European Union and the UK, which has been observed since January, ...

February inflation 3.1 percent

Annual inflation in Hungary was 3.1 percent in February, the Central Statistical Office (KSH) said. Inflation grew at a higher rate than 2.7 percent registered in January, with higher tobacco prices due to excise tax increases putting upward pressure on the index. The price ...

Hungary budget deficit HUF 539.7 bn in January-February

Hungary's cash flow-based budget deficit, excluding local councils, was 539.7 billion forints (EUR 1.46bn) at the end of February, the finance ministry said in a preliminary report on Monday. The ministry said the deficit was the result of "measures taken so far and pandemic ...

Varga: Economy could grow 4-4.5 pc in 2021

Hungary's economy could grow by 4-4.5 percent this year, if enough Hungarians are vaccinated to allow pandemic restrictions to be lifted after Easter, Finance Minister Mihaly Varga said on Friday.