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Chamber of Commerce Corner, April 22, 2025

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information...

Analysis

Employee Satisfaction Requires Money, Friends, Supportive Boss

In October last year, when GDP growth was stuck in negative territory, Prime Minister Viktor Orbán announced a solution: “Economic...

Figures

Hungarian Gov’t Approves Main Figures of Next Year’s Budget

The government has approved the main figures of the 2026 budget, National Economy Minister Márton Nagy said after a cabinet...

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Gov’t Official: Hungary Annual Crime Rate Down 60% Since 2010

Whereas in 2010 the authorities registered 447,000 crimes, today this figure is down by almost 60% at 178,000, an interior...

Analysis

Surprising Twist in CBAM Story: Simpler Rules on the Way?

Even though the interim period of the mechanism to offset the carbon intensity of import goods, popularly referred to as...

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Curbing Inflation top Priority, Says MNB Deputy Gov Candidate

Bringing inflation under control is the "primary task" in the current economic climate, Zoltán Kurali, a candidate for deputy governor...

Analysis

BCSDH Business Leaders Call for Immediate, Informed Climate Adaptation

At a recent business breakfast organized by the Business Council for Sustainable Development in Hungary, climate adaptation emerged as a...

Analysis

Japan About More Than Autos in Hungary, but Rising Costs Raise Clouds

In late January, Mihwa Lee was in strange surroundings: standing at a table in the Japanese embassy residence, up in...

Analysis

Editorial: In Praise of Spreading the Growth Around

The industrial and logistics sector continues to be one of the better-performing real estate areas, driven (if you will pardon...

Analysis

Macroeconomic Outlook Revised for the Worse

The National Bank of Hungary (MNB) has completely revised its economic forecasts for this year. Persistently high inflation and lower-than-expected...

Figures

Hungary’s Inflation Holds Steady in March, Annual Rate at 4.7%

Hungary’s consumer prices in March 2025 were 4.7% higher on average than a year earlier, while remaining flat compared to...

Analysis

Agricultural Landscape Shifts as Small Farms Decline, Crop Production Strengthens

The structure of Hungarian agriculture continues to evolve, with the number of farms declining while the dominance of crop production...

Analysis

Can Precision Farming Supercharge Hungarian Agriculture?

The Hungarian economy suffers from the side effects of low productivity, and agriculture is no exception. Precision farming has the...

Figures

BUX Falls Sharply in Early Trade

Hungary’s benchmark BUX index fell sharply in early trading today, as markets reacted nervously to U.S. President Donald Trump’s latest...

Analysis

Cybercrime Resilience: Survey Calls for Collective Effort

Hungarian society continues to underestimate the threat posed by cybercrime even though the number of victims reaches tens of thousands...

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Government Opens HUF 2.2 bln in Funding for Hungarian Communities Abroad

Two funding schemes supporting ties with ethnic Hungarian communities abroad open for applications this week, offering HUF 2.2 bln for...

Analysis

Hungarian Investment Fund Inflows Fall to HUF 138 bln in August

Net subscriptions to Hungarian investment funds reached HUF 138 bln in August, down from HUF 271 bln in July, according...

Figures

Hungary’s Budget Deficit Reaches 6.2% of GDP in H1 2026

Hungary’s general government deficit reached HUF 2.810 tln, or 6.2% of GDP, in the first half of 2026, as expenditure...

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Hungary to Raise Lowest Pensions From January

Hungary will raise the minimum pension to HUF 120,000 and introduce tiered increases for other low pensions from Jan. 1,...

Analysis

TI Hungary: Private Equity Funds Still Opaque Despite Stricter Rules

Transparency International Hungary found that despite tighter regulations, ownership of Hungarian private equity funds remains opaque, with major gaps in...

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Hungary Lifts Debt Issuance Plan to HUF 8.7 tln as Financing Needs Grow

Hungary’s Gov't Debt Management Agency (ÁKK) has raised its 2026 net issuance target to HUF 8.717 tln, citing a larger-than-expected...

Analysis

Hungary’s Business Confidence Improves in September

Business sentiment improved in Hungary in September, while consumer confidence remained largely unchanged, according to a monthly survey by economic...

Analysis

Hungary Could Adopt Euro in 2033 at Earliest, Equilor Says

Hungary could adopt the euro in 2033 at the earliest, with high public debt and a substantial budget deficit posing...

Analysis

EBRD Maintains Hungary Growth Forecast at 1.8% for 2026

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary’s economy will expand by 1.8% in 2026 and 2.5% in...

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...

Figures

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...

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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...

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Hungary Annual Inflation Reaches 1.3% in August

Consumer prices in Hungary rose by 1.3% year-on-year in August 2026, and 0.2% from July, according to data published by...

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Hungary’s Industrial Output Rises 4.7% in July

The volume of industrial production in Hungary rose 4.7% year-on-year in July, according to unadjusted data published by the Central...