Economy

Hungary's industrial producer price index grew by an annual 43.4 percent in August, picking up from a 37.9 percent increase in the previous month, the Central Statistical Office (KSH) said on Friday.

Hungary's central bank has said it expects inflation will continue rising in the remainder of the year, though from October its upward pace will start gradually easing.

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.

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 ...

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.

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 ...

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.

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.

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.

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.