
Trade balance returns to surplus in December
Hungary's trade balance returned to a surplus in December, a first reading of data released by the Central Statistical Office (KSH) on Tuesday shows. Hungary has had trade deficits every month since July. In December, the trade balance showed a surplus of 187 million ...

Szijjarto: Hungarian economy supported by multiple pillars
A signal achievement of the past 10-12 years is that the Hungarian economy is supported by multiple pillars and many of its sectors are globally competitive, Peter Szijjarto, the minister of foreign affairs and trade, said in Aszod on Tuesday, announcing an investment by ...

Guest nights jump 630 percent in December from low pandemic base
Guest nights at commercial accommodations in Hungary rose by 630 percent year-on-year to 1,164,000 in December, albeit from a low base impacted by travel restrictions during the third wave of the coronavirus pandemic, data released by the Central Statistical Office (KSH) on Monday show.

Industrial output up 5.8 percent in December, 9.6 percent in 2021
Industrial output in Hungary grew by an annual 5.8 percent in December, based on adjusted data, and by 9.6 percent in the full year of 2021, the Central Statistical Office (KSH) said in its first estimate on Friday.

Retail sales growth accelerates to 6.2 percent in December
Retail sales in Hungary rose by an annual 6.2 percent in December, when adjusted for calendar year effects, the Central Statistical Office (KSH) said on Thursday.

PMI falls to 50.7 in January
Hungary's seasonally adjusted Purchasing Managers Index (PMI) fell to 50.7 points in January from 65.5 in December, Halpim, the company that compiles the index, said on Tuesday.

Varga: Fitch sees successful relaunch of Hungary’s economy
The relaunch of Hungary's economy has gone successfully in the assessment of Fitch Ratings, which recently confirmed Hungary's credit rating, Mihaly Varga, the finance minister wrote on Facebook on Saturday.

Housing price growth in Hungary eases in Q3
Housing prices in the third quarter grew by 2.8 percent from the previous one, the Central Statistical Office (KSH) said on Friday. In Q2 prices were up 3.4 percent.

Szijjarto: Hungarian economy among most shock-proof in Europe
During the coronavirus pandemic, Hungary's economy has shown itself to be among Europe's most resilient, thanks to policies in the past twelve years focused on tax cuts and investment promotion, Peter Szijjarto, the minister of foreign affairs and trade, said on Friday, opening a ...

Jobless rate at 3.7 percent in December
Hungary's jobless rate was at 3.7 percent in December, falling from 4.1 percent in the same month a year earlier and level with the rate in November, the Central Statistical Office (KSH) said on Thursday.