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.
Wage growth accelerates to 10.1 percent in November
The rate of annual wage growth in Hungary picked up to 10.1 percent in November from 8.5 percent in the previous month, the Central Statistical Office (KSH) said on Tuesday. The data for businesses and institutions with at least five people on payroll show ...
Central bank hikes base rate by 50 bps to 2.9 percent
Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis point to 2.9 percent.
Matolcsy calls for budget to be brought back to balanced path
To curb inflation, the central budget should once again be put on a balanced course and the government must double down on enhancing the country's competitiveness, Gyorgy Matolcsy, Hungary's central bank (NBH) governor, wrote in an article published by magyarnemzet.hu on Monday.
Takarekbank lowers 2021 GDP growth forecast to 6.9 percent
Analysts of Takarekbank and Magyar Bankholding lowered their forecast for GDP growth in 2021 to 6.9 percent from 8 percent, the lender said on Friday.
Fidesz blasts opposition 'attacks' on government's anti-inflation measures
Matolcsy: Tackling inflation ‘top priority’
Inflation is central banks' greatest foe, and tackling it is a vital step towards creating monetary sustainability, Gyorgy Matolcsy, the governor of Hungary's central bank (NBH) wrote in an article published by magyarnemzet.hu on Monday.
