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.
Hungary inflation 7.4 percent in December
Hungarian annual inflation was 7.4 percent in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle fuel prices continued to be the main drivers, though food and consumer durables prices rose above headline inflation.
Construction sector output up 12.3 percent in November
Output of Hungary's construction sector rose by an annual 12.3 percent in November, the Central Statistical Office (KSH) said on Friday.
World Bank forecasts 5 percent growth for Hungary in 2022
Hungary's economy is forecast to grow by 5 percent this year, according to the World Bank, which raised its June projection of 4.7 percent.
Guest nights jump 292.1 percent in November
Guest nights at commercial accommodations in Hungary rose by an annual 292.1 percent to 1,266,000 in November from a low base impacted by travel restrictions during the third wave of the coronavirus pandemic, the Central Statistical Office (KSH) said on Tuesday.
