Economy

Weather

Nine-Year-Old Budapest Wind Record Broken on Monday

A wind gust of 92.9 km/h measured on János Hill early Monday set a new Budapest record for September 21,...

Analysis

MBH Forecasts 1.8% Hungarian Growth and Inflation as Consumption Supports Recovery

Hungary’s economy could grow 1.8% in 2026 while average annual inflation slows to the same rate, according to MBH Analysis...

Analysis

Editorial: In Wonder at how Quickly Tempus can Fugit

Forgive me, if you will, a small indulgence. On Tuesday, Sep. 1, somewhat to my surprise, I celebrated 10 years...

Analysis

MNB Continues Rate Cuts as Inflation Slumps, but Risks Keep Decision-makers Cautious

The National Bank of Hungary (MNB) continued its easing cycle on Aug. 25 with a widely expected 25-basis-point interest-rate cut,...

Weather

Nine-Year-Old Budapest Wind Record Broken on Monday

A wind gust of 92.9 km/h measured on János Hill early Monday set a new Budapest record for September 21,...

Analysis

MBH Forecasts 1.8% Hungarian Growth and Inflation as Consumption Supports Recovery

Hungary’s economy could grow 1.8% in 2026 while average annual inflation slows to the same rate, according to MBH Analysis...

Analysis

Editorial: In Wonder at how Quickly Tempus can Fugit

Forgive me, if you will, a small indulgence. On Tuesday, Sep. 1, somewhat to my surprise, I celebrated 10 years...

Analysis

MNB Continues Rate Cuts as Inflation Slumps, but Risks Keep Decision-makers Cautious

The National Bank of Hungary (MNB) continued its easing cycle on Aug. 25 with a widely expected 25-basis-point interest-rate cut,...

MNB to Lower Inflation Target to 2.5% From 2028, Holds Base Rate at 5.5%

The National Bank of Hungary (MNB) will lower its inflation target to 2.5% from Jan. 1, 2028, while retaining its...

Nine-Year-Old Budapest Wind Record Broken on Monday

A wind gust of 92.9 km/h measured on János Hill early Monday set a new Budapest record for September 21,...

Naftogaz, MOL Sign MoU on Fuel Storage in Hungary for Ukraine

Ukraine’s Naftogaz has signed a memorandum of understanding with Hungary’s MOL to explore developing petroleum product storage facilities near the...

Net-zero Transition Becoming a Core Banking Issue

Banks have a central role to play in financing Hungary’s transition to a lower-carbon economy, not by withdrawing from carbon-intensive...

Hungary Can Secure Gas Supply Without Russian Imports, Kapitány Says

Hungary could secure its gas supply without Russian imports by October 2027 if current conditions hold, Economy and Energy Minister...

Cash Flow Under Pressure: How Factoring Supports Business Resilience

In an increasingly uncertain economic environment, companies are placing greater emphasis on liquidity, as well as operational resilience....

MBH Forecasts 1.8% Hungarian Growth and Inflation as Consumption Supports Recovery

Hungary’s economy could grow 1.8% in 2026 while average annual inflation slows to the same rate, according to MBH Analysis...

Hungary’s Average Gross Earnings up 7.5% in July

Average gross monthly earnings for full-time employees in Hungary rose 7.5% year-on-year to HUF 745,500 in July 2026, while average...

E.ON Installs Four Battery Storage Systems to Support Solar Power and Grid Stability

E.ON Hungária Group has installed four battery storage systems with a combined output of 4 MW and storage capacity of...

O3 Partners Posts EUR 1.45 mln First-Half Profit as Revenue More Than Quadruples

Budapest-listed O3 Partners reported a EUR 1.45 mln after-tax profit for the first half of 2026, reversing a EUR 470,000...

Varga Prioritizes Successful Euro Adoption Over Speed

Hungary should prioritize a successful transition to the euro over rapid adoption, MNB governor Mihály Varga said at the 64th...

Editorial: In Wonder at how Quickly Tempus can Fugit

Forgive me, if you will, a small indulgence. On Tuesday, Sep. 1, somewhat to my surprise, I celebrated 10 years...

MNB Continues Rate Cuts as Inflation Slumps, but Risks Keep Decision-makers Cautious

The National Bank of Hungary (MNB) continued its easing cycle on Aug. 25 with a widely expected 25-basis-point interest-rate cut,...

OTP Accounts for 53% of Hungarian Banking Groups’ Total Assets

OTP Bank’s consolidated total assets accounted for 53% of the combined balance sheet of banking groups in Hungary at the...

Forint Volatility Warrants ‘Special Attention,’ MNB Policymakers Say

Members of the Monetary Council of the MNB acknowledged the disinflationary effects of the stronger forint but said exchange rate...