Hungary industrial output in April up 58.8 percent
Hungary's unadjusted industrial output grew by an annual 58.8 percent in April from a low base, according to a second reading of Central Statistics Office (KSH) data released on Tuesday.
Orbán: All social groups in Hungary withstood crisis
PM promises PIT exemption for parents if 2021 economic growth reaches 5.5 percent
Most people in Hungary have withstood the economic crisis linked to the pandemic, Prime Minister Viktor Orbán told a business conference on Wednesday, adding that he could not think of a single social group that had "gone to the wall". Orbán said that Hungary's ...
Headline inflation 5.1 percent in May
Hungary's annual consumer price index was 5.1 percent higher in May and level with April's figure, the Central Statistical Office (KSH) said on Wednesday.
Industrial output in April up 58.8 percent yr/yr
Hungarian unadjusted industrial output grew by an annual 58.8 percent in April from a low base, according to a first reading of Central Statistical Office (KSH) data released on Tuesday.
Parliament passes Hungary’s 2022 headline budget
Parliament on Tuesday passed into law the main figures of the government's 2022 budget, together with amendments by parliament's budget committee.
Finance minister: Opposition’s proposals would ‘upset’ next year’s budget with HUF 8,800 billion
Opposition parties have submitted a total of 1,148 amendments to next year's budget bill which would "upset balance" in the draft by earmarking 8,800 billion forints (EUR 25.4bn) in extra spending, Finance Minister Mihaly Varga said on Monday.
Government cutting tax bills by HUF 1,000 billion in response to pandemic
As well as extending subsidies, introducing a credit moratorium, and phasing in the 13-month pension, the government has cut taxes by 1,000 billion forints (EUR 2.86bn) in response to the coronavirus pandemic, a finance ministry official said on Sunday.
Retail sales rebound as pandemic restrictions ease
Retail sales in Hungary rose by an annual 9.9 percent in April, climbing for the first time since last summer as pandemic restrictions were eased, data released by the Central Statistical Office (KSH) on Friday show.
Second reading "adds to the surprise", analyst says
Revised GDP data reveals smaller drop in Q1
Hungary's economic output declined by an annual 2.1 percent in the first quarter, the Central Statistical Office (KSH) said in a second reading of data. The decline was revised up from a 2.3 percent drop in a first reading published on May 18.
Projection beats government estimate of 4.3 percent
OECD: Hungary’s economy expected to grow by 4.6 percent this year
Hungary's GDP is expected to grow by 4.6 percent this year, according to the OECD's biannual forecast released on Monday. "Economic activity is expected to rebound from mid-2021 onwards, as a swift vaccination rollout supports the recovery of private consumption. External demand will strengthen ...
