Inflation at 4.4 percent in May
Consumer prices were 4.4% higher on average in May 2025 than a year earlier. Compared to April, prices went up by 0.2% on average.
Ministry for National Economy updates expected 2025 cash-flow based budget deficit
The Ministry for National Economy has changed the expected 2025 cash-flow based budget deficit to HUF 4,774 billion. In line with that announcement the Government Debt Management Agency Pte Ltd. (ÁKK) has modified its financing plan for 2025.
Fitch Ratings affirms Hungary’s sovereign rating with a stable outlook
The National Economy Ministry said all three big rating agencies have put Hungary in the investment grade category.
Industrial production down by 5 percent
The volume of industrial production lagged behind the one year earlier level by 5.0% in April 2025, based on working-day adjusted data, declined by 2.3%. According to seasonally and working-day adjusted data, industrial output was 1.5% higher than in March 2025.
Retail trade rebounds: broad-based growth in food, non-food and fuel sales
In April 2025, the volume of retail trade was 6.8% higher in raw data, or 5.0% higher in calendar (and Easter effects) adjusted terms, than in the same month of the previous year. Compared to the same period of the previous year, calendar-adjusted sale ...
Behind the stagnation: industry shrinks, investments fall, services can’t compensate
Hungary’s economy showed no growth in the first quarter of 2025, but the flat GDP figure masks deeper structural problems. Industrial output dropped by nearly 4%, investments plunged over 10%, and even a rise in household consumption couldn’t offset the decline. While services posted ...
State Secretary: Number of jobseekers in Hungary down compared to last year
Over 41,000 jobseekers have found work as a result of recently launched European Union-funded government placement programs.
Moody’s affirms Hungary’s investment-grade sovereign rating
All three big credit rating agencies put Hungary in the investment-grade category, thanks to the stable foundations of the country's economy.
Domestic industries hit by climbing food and energy prices
Industrial producer prices were 7.9% higher on average in April 2025 than one year earlier. Domestic output prices were 3.9% and non-domestic output prices 9.9% higher than in April in the previous year. The price rise was primarily caused by the annual weakening of ...
Less travel, fewer trucks? Why some services are shrinking fast
Service exports calculated in EUR decreased by 3.6%, and imports by 2.6% in the 1st quarter of 2025, compared to the same period of the previous year. The surplus reached EUR 2.2 billion, EUR 141 million less than in the 1st quarter of 2024. ...
