State debt ratio target achievable, State Audit Office says

The state debt ratio targeted for this year is achievable based on the data available by November so the debt rule stipulated by the constitution can also be met, the State Audit Office (ASZ) said in an analysis published on Wednesday.

Hungary central bank among first to warn of inflation

Hungary's central bank was among the first to warn of sustained global inflationary pressures, and it was the first in the European Union to kick off a cycle of rate hikes, Csaba Kandracs, the deputy governor of the National Bank of Hungary, said in ...

Kopint-Tarki lowers 2021 GDP forecast to 6.1 percent

Economic research firm Kopint-Tarki has lowered its forecast for 2021 GDP growth to 6.1 percent from 6.8 percent in a projection released in the autumn, the firm's chief executive Eva Palocz said on Wednesday.

October industrial output down 3.4 percent

Industrial output in Hungary dropped by an annual 3.4 percent in October, according to a second reading of data published by the Central Statistical Office (KSH) on Tuesday.