Hungarian economy
Hungarian PMI rose above 50 in March
The PMI remained over the 50-point threshold that signals expansion in the manufacturing sector:
Official: this is how Hungary’s public deficit will be in 2024, and the debt ratio is also showing badly
MTI-ECONEWS – Hungary’s government sector had a HUF 4,002bn deficit in 2024, equivalent to 4.9pc of GDP, data released by the Central Statistics Office (KSH) on Tuesday show. According to...
Strengthening Hungarian-German Relations: Key Insights from the National University of Public Service Consultation
MTI – Germany must play a leading role in Europe, Gergely Gulyás, the head of the Prime Minister’s Office, said at the National University of Public Service on Monday, arguing...
Latest economic data from Hungary: trade surplus and factory gate prices up
Data released by the Central Statistics Office (KSH) on Monday show that Hungary had a EUR 1.140 bn trade surplus in February. Also, factory gate prices in Hungary rose 8.2pc...
Where is the economic flying start? Number of jobseekers stuck in Hungary
PM Orbán promised an economic flying start for 2025 but it seems they are unable to reduce the number of jobseekers significantly. #hungarianeconomy #jobseekers
Policymakers release first base rate decision under new Central Bank Governor
In addition to the interest rate decision, another important news: police investigate suspected misappropriation of MNB funds:
Government mandates ATMs for every settlement in Hungary, and the cost is passed on to the banks 🔄
National Economy Minister Marton Nagy called for ATMs for every settlement in a Monday post on his Facebook page. Now, government and bank leaders are looking for a solution: “We...
Huge deficit in February budget in Hungary, government explains
Doesn't sound good: in the first two months of the year, the annual draft deficit is at 42%. Details HERE:
Orbán cabinet says new profit margin caps will result in tangible price reductions, Ukraine war approaches to end
A government decision about supermarket profit margin caps will result in "visible and tangible" price reductions, the Orbán cabinet believes. #hungariangovernment #profitmargincap #profitmargin #hungarianeconomy
National economy minister Nagy: Germany’s EUR 500 bn infrastructure fund could benefit Hungary
This is why the Hungarian Minister of National Economy is optimistic about events in Germany and the US:
Tisza party: Food prices inflation ‘highest’ in Hungary
The leader of the opposition Tisza Party has slammed the government for the high food price inflation in Hungary. Péter Magyar said, “Food prices have gone up again by 7...
Huge budget deficit in Hungary by February
Hungary's cash flow-based general government deficit:
Another threat: Orbán cabinet may reintroduce fuel price caps
Hungary's government earlier said it would intervene if motor fuel prices exceeded the average in neighbouring countries. #fuel #money #hungariangovernment
Number of jobseekers falling in Hungary
Around 30,000 jobseekers have found work as the result of recently launched European Union-funded government placement programmes, the government said. #hungariangovernment #hungarianeconomy #jobseekers
Orbán cabinet: Hungarian families are resource for nation, economy
The Hungarian government sees families not as a fiscal expenditure, but a resource for the future of the Hungarian nation and economy, the culture and innovation minister said on public...
National Bank of Hungary council sets base rate
Monetary Council of the Magyar Nemzeti Bank (MNB) has made its usual monthly decision on base rate, and here are the results:
