Central bank raises base rate by 125 points, signals end of cycle
Hungarian central bank rate-setters on Tuesday raised the base rate by 125 basis points to 13 percent. The rise followed a 100 bp hike at the policy meeting in August.
Government working to evade recession threatening Europe, minister says
Szijjarto: Car industry output up 13 percent in first seven months of 2022
Output of Hungary's automotive industry rose by 13 percent to 6,600 billion forints (EUR 16.2bn) in the first seven months of the year, the minister of foreign affairs and trade said on Tuesday, adding that there was a "realistic chance" that the sector's output ...
Gross wages up 15.3 percent in July
The average gross wage of full-time employees in Hungary grew by an annual 15.3 percent in July, amounting to 500,000 forints (EUR 1,230), the Central Statistical Office said on Friday.
Jobless rate at 3.6 percent
Hungary's jobless rate was at 3.6 percent in August, edging up from 3.5 percent in the previous month but down from 4.0 percent twelve months earlier, the Central Statistical Office (KSH) said on Thursday. The rate covers unemployment among people between the ages of ...
Justice minister: No danger of EU cutting funds from Hungary
The European Union has not cut any funds from Hungary up to now, and there is no such danger under the European Commission's Sunday decision, the justice minister said in Brussels on Tuesday.
Construction sector up 3.0 percent in July
Output of Hungary's construction sector rose by an annual 3.0 percent in July, after shrinking by 8.1 percent in the previous month, the Central Statistics Office (KSH) said on Thursday in a first reading of data.
August CPI climbs by 15.6 percent
Consumer prices in Hungary rose by an annual 15.6 percent in August, up from a 13.7 percent increase in July, driven by higher food and consumer durable prices, the Central Statistical Office (KSH) said on Thursday.
Trade deficit swells to EUR 1.150 billion in July
Hungary's trade deficit grew to 1.150 billion euros July, the Central Statistical Office said in a first reading of the data on Thursday.
Industrial output up 4 percent in July
Hungarian industrial output rose by an annual unadjusted 4 percent in July, up from an increase of 1.5 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday in a first reading of the data.
Guest nights up 15 percent in July
Guest nights spent in Hungarian commercial lodgings were up 15 percent year on year in July at 3,758,000, the Central Statistical Office (KSH) said on Tuesday.
