Inflation at 4.9 percent in August

Annual inflation in Hungary was 4.9 percent in August, up from 4.6 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.

Retail sales climb 3 percent in July

Retail sales in Hungary rose by an annual 2.5 percent in July, or 3.0 percent when adjusted for calendar year effects, preliminary data released by the Central Statistical Office (KSH) on Friday show.

CJEU rules Hungary law on FX loans complies with EU directive

The Court of Justice of the European Union (CJEU) on Thursday ruled that Hungarian legislation that prohibits the annulment of a loan agreement denominated in a foreign currency on the ground that it contains an unfair term relating to exchange rate differences complies with ...

GDP rebounds from low pandemic base

Hungary's second-quarter GDP grew by 17.9 percent year-on-year, after a double-digit decline in the base period, the Central Statistical Office (KSH) confirmed in a second reading of data released on Wednesday.

Wage growth slows to 3.5 percent

Year-on-year wage growth in Hungary slowed to 3.5 percent in June from 8.2 percent in the previous month, falling under the rate of inflation, the Central Statistical Office (KSH) said.

Jobless rate down to 3.9 percent

Hungary's jobless rate was 3.9 percent in July, down from 4 percent in the previous month, the Central Statistical Office (KSH) said. The rate covering 15-74 year-olds fell by 0.6 of a percentage point from July last year.