Zsófia Czifra

Analysis

Lower-than-expected May Inflation Strengthens Case for MNB Rate Cuts

Hungary’s inflation slowed more sharply than expected in May, giving policymakers additional room to continue monetary easing and reinforcing expectations...

Analysis

Hungary Secures EUR 16.4 bln EU Funding Deal, Dependent on Reforms

Hungary has struck a deal with Brussels to regain access to EUR 16.4 billion in EU funding withheld under the...

Analysis

Tisza Opens Door to Single Currency, but Road to Adoption Remains Long

Hungary’s euro conversation has moved from the political margins back to the center of economic policy. Whether the forint ultimately...

Analysis

Hungary’s Economy Beats Early Pessimism in 2026, but Risks lie Beneath the Surface

Hungary’s economic growth picked up more strongly than expected in the first quarter of 2026, offering a welcome rebound after...

Analysis

Hungary’s Economic Starting Point: Challenging Landscape for Incoming Tisza Gov’t

As Hungary prepares for a political transition, the incoming Tisza government will inherit an economy marked by a delicate balance...

Analysis

Positive Easter Egg Surprises Follow Holiday Weekend

Retail consumption, industrial production, and inflation: the Central Statistical Office released three significant datasets after the long Easter weekend. With...

Analysis

MNB Holds Rates as Iran Conflict Clouds Both Inflation and Growth Outlooks for This Year

Hungary’s central bank kept interest rates unchanged on March 24, striking a cautious tone as escalating tensions in the Middle...

Analysis

Inflation Surprise a Relief, but Risks Still Lurk for Hungary’s Economy

Hungary’s inflation data delivered another positive surprise in February, offering temporary relief for policymakers and markets alike. Consumer prices rose...

Analysis

Hungary’s Central Bank Cuts Rates After 18 Months, Signals Cautious Path Ahead

The National Bank of Hungary (MNB) has lowered its benchmark rate to 6.25%, marking its first cut in a year...

Analysis

Hungarian Industry Hits 5-Year Low as Output Slumps in November 2025

Hungary’s industrial production fell sharply in November, recording the steepest monthly decline of the year and dropping to its lowest...

Analysis

Fragile Optimism in the Hungarian Economy

While the second reading of third-quarter GDP data reveals the precise reasons for the economy’s weakness, the development of industrial...

Deals

Deals of the Year 2025: A Handful of Large-scale Transactions Reshape Strategic Sectors

This year, the headline-worthiest deals, defense consolidation, media takeovers, as well as potential energy acquisitions, shaped public discourse in Hungary....

Analysis

Investments in Hungary Continue to Decline, but Rate is Slowing

For more than three years, investments have been declining in Hungary; however, the latest data suggests that the pace of...

Analysis

Lower-than-expected May Inflation Strengthens Case for MNB Rate Cuts

Hungary’s inflation slowed more sharply than expected in May, giving policymakers additional room to continue monetary easing and reinforcing expectations...

Analysis

Hungary Secures EUR 16.4 bln EU Funding Deal, Dependent on Reforms

Hungary has struck a deal with Brussels to regain access to EUR 16.4 billion in EU funding withheld under the...

Analysis

Tisza Opens Door to Single Currency, but Road to Adoption Remains Long

Hungary’s euro conversation has moved from the political margins back to the center of economic policy. Whether the forint ultimately...

Analysis

Hungary’s Economy Beats Early Pessimism in 2026, but Risks lie Beneath the Surface

Hungary’s economic growth picked up more strongly than expected in the first quarter of 2026, offering a welcome rebound after...

Analysis

Hungary’s Economic Starting Point: Challenging Landscape for Incoming Tisza Gov’t

As Hungary prepares for a political transition, the incoming Tisza government will inherit an economy marked by a delicate balance...

Analysis

Positive Easter Egg Surprises Follow Holiday Weekend

Retail consumption, industrial production, and inflation: the Central Statistical Office released three significant datasets after the long Easter weekend. With...

Analysis

MNB Holds Rates as Iran Conflict Clouds Both Inflation and Growth Outlooks for This Year

Hungary’s central bank kept interest rates unchanged on March 24, striking a cautious tone as escalating tensions in the Middle...

Analysis

Inflation Surprise a Relief, but Risks Still Lurk for Hungary’s Economy

Hungary’s inflation data delivered another positive surprise in February, offering temporary relief for policymakers and markets alike. Consumer prices rose...

Analysis

Hungary’s Central Bank Cuts Rates After 18 Months, Signals Cautious Path Ahead

The National Bank of Hungary (MNB) has lowered its benchmark rate to 6.25%, marking its first cut in a year...

Analysis

Hungarian Industry Hits 5-Year Low as Output Slumps in November 2025

Hungary’s industrial production fell sharply in November, recording the steepest monthly decline of the year and dropping to its lowest...

Analysis

Fragile Optimism in the Hungarian Economy

While the second reading of third-quarter GDP data reveals the precise reasons for the economy’s weakness, the development of industrial...

Deals

Deals of the Year 2025: A Handful of Large-scale Transactions Reshape Strategic Sectors

This year, the headline-worthiest deals, defense consolidation, media takeovers, as well as potential energy acquisitions, shaped public discourse in Hungary....

Analysis

Investments in Hungary Continue to Decline, but Rate is Slowing

For more than three years, investments have been declining in Hungary; however, the latest data suggests that the pace of...

Lower-than-expected May Inflation Strengthens Case for MNB Rate Cuts

Hungary’s inflation slowed more sharply than expected in May, giving policymakers additional room to continue monetary easing and reinforcing expectations...

Hungary Secures EUR 16.4 bln EU Funding Deal, Dependent on Reforms

Hungary has struck a deal with Brussels to regain access to EUR 16.4 billion in EU funding withheld under the...

Tisza Opens Door to Single Currency, but Road to Adoption Remains Long

Hungary’s euro conversation has moved from the political margins back to the center of economic policy. Whether the forint ultimately...

Hungary’s Economy Beats Early Pessimism in 2026, but Risks lie Beneath the Surface

Hungary’s economic growth picked up more strongly than expected in the first quarter of 2026, offering a welcome rebound after...

Hungary’s Economic Starting Point: Challenging Landscape for Incoming Tisza Gov’t

As Hungary prepares for a political transition, the incoming Tisza government will inherit an economy marked by a delicate balance...

Positive Easter Egg Surprises Follow Holiday Weekend

Retail consumption, industrial production, and inflation: the Central Statistical Office released three significant datasets after the long Easter weekend. With...

MNB Holds Rates as Iran Conflict Clouds Both Inflation and Growth Outlooks for This Year

Hungary’s central bank kept interest rates unchanged on March 24, striking a cautious tone as escalating tensions in the Middle...

Inflation Surprise a Relief, but Risks Still Lurk for Hungary’s Economy

Hungary’s inflation data delivered another positive surprise in February, offering temporary relief for policymakers and markets alike. Consumer prices rose...

Hungary’s Central Bank Cuts Rates After 18 Months, Signals Cautious Path Ahead

The National Bank of Hungary (MNB) has lowered its benchmark rate to 6.25%, marking its first cut in a year...

Year-end Delivers an Unpleasant Surprise for Hungary’s Economy

Hungary’s economy ended the year on a weak note, as sluggish industrial output offset gains in services and construction, reinforcing...

Hungarian Industry Hits 5-Year Low as Output Slumps in November 2025

Hungary’s industrial production fell sharply in November, recording the steepest monthly decline of the year and dropping to its lowest...

Fragile Optimism in the Hungarian Economy

While the second reading of third-quarter GDP data reveals the precise reasons for the economy’s weakness, the development of industrial...

Deals of the Year 2025: A Handful of Large-scale Transactions Reshape Strategic Sectors

This year, the headline-worthiest deals, defense consolidation, media takeovers, as well as potential energy acquisitions, shaped public discourse in Hungary....

Investments in Hungary Continue to Decline, but Rate is Slowing

For more than three years, investments have been declining in Hungary; however, the latest data suggests that the pace of...

The Economy’s Engines Have Still not Kicked In

The Hungarian economy basically stagnated in the third quarter of the year compared to the second, and has shown only...