Hungary's industrial production in August was 8.7% higher than in the same month a year earlier. The Hungarian Central Statistical Office (KSH) reported this in its preliminary estimate on October 6. In July, the figure was…
Hungary’s government posted a deficit of 2,809.5 billion forints in the first half of 2026. That amounts to 6.2% of GDP, according to the Hungarian Central Statistical Office (KSH)…
Hungary's central bank is lowering its inflation target from 3% to 2.5% effective January 1, 2028. The Monetary Policy Council of the Magyar Nemzeti Bank left the key interest rate unchanged on…
4.7% more than a year earlier: That’s how much Hungary’s industrial sector produced in July. The Central Statistical Office (KSH) confirmed the figure on Tuesday in its second…
Inflation in Hungary stood at 1.3% in August, down from 4.3% in August 2025. The Hungarian Central Statistical Office (KSH) reported this on September 8. Compared to July…
Actual consumption by Hungarian households in the second quarter was 4.1% higher than in the previous year. Gross fixed capital formation fell by 6.3% during the same period. The…
The average gross monthly wage in Hungary was 754,700 forints in June, equivalent to about 2,073 euros. That is 7.1% more than a year earlier. The Hungarian…
On August 25, the Hungarian central bank, the Magyar Nemzeti Bank, lowered its key interest rate by 25 basis points to 5.5%. The last time the rate was lower was on…
With a capacity of 99.8 MW and a storage capacity of 288.5 MWh, Central Europe’s largest battery storage facility is being connected to the grid in Hungary.
The expansion of AI infrastructure is creating new growth opportunities for Poland and Hungary. The World Bank and the EBRD expect long-term productivity gains.
Hungary is negotiating the purchase of 1 billion cubic meters of natural gas from Romania’s Neptun Deep field, thereby advancing the diversification of its energy supply.