Hungarian interests asserted in talks on global minimum corporate tax, finance minister says
Varga puts 2022 GDP growth at 5.5-6 percent
Finance Minister Mihaly Varga said next year's GDP growth could reach 5.5-6 percent at a business forum organised by the American Chamber of Commerce (AmCham) on Friday.
Inflation 5.5 percent in September
Hungarian inflation was an annual 5.5 percent in September, the Central Statistical Office (KSH) said on Friday.
Rushed introduction of euro could hurt Hungary’s growth, central banker warns
A rushed adoption of the euro that ignores differences in the levels of economic development between Hungary and the euro zone could sacrifice Hungary's growth and even pose risks to its stability, a member of the central bank's Monetary Council said on Wednesday.
Retail sales grow by 4.6 percent in August
Retail sales in Hungary rose by an annual 4.6 percent in August, the Central Statistical Office (KSH) said on Wednesday.
Rate-setters point to persistence of upside risks surrounding inflation outlook
Hungarian central bank (NBH) policymakers have warned of the risks associated with persistent inflation and agreed that a tightening cycle that started in July should be continued on a monthly basis, though at a slower pace.
Less than half of retail borrowers remain in repayment moratorium
Less than half of the eligible retail borrowers are still participating in the repayment moratorium, National Bank of Hungary (NBH) spokesman Istvan Binder said on Thursday.
Wages grow 7.9 percent in July
Wages in Hungary grew by an annual 7.9 percent in July from 3.5 percent in in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Jobless rate at 4 percent in August
Hungary's jobless rate reached 4.0 percent in August, edging up 0.1 percentage point from the previous month and 0.2 percentage point from twelve months earlier, data released by the Central Statistical Office (KSH) on Tuesday show.
Central bank welcomes Moody’s decision to upgrade Hungary’s rating
The National Bank of Hungary welcomes the decision of Moody's Investor Service to upgrade Hungary's sovereign rating to Baa2 from Baa3, the central bank said after the ratings agency issued its decision late on Friday.
Moody’s upgrades Hungary to Baa2, outlook stable
Moody's Investors Service upgraded Hungary's sovereign rating to Baa2 from Baa3, with a stable outlook, at a scheduled review on Friday.
