Statistics

Analysis

Official: ISPs required to pass planned internet VAT cut onto subscribers

Internet service providers will be required to pass on the VAT rate reduction for internet services from 27% to 18%,...

Analysis

2017 budget plan includes VAT cuts for food, internet

The draft 2017 budget that Hungary’s Economy Ministry will submit to the Fiscal Council today includes reductions in the value-added...

Analysis

KSH: Industrial production confirmed at 6.3% in February

The volume of industrial production in Hungary was up 6.3% in February as compared to the same month a year...

Analysis

Report: Sunday openings could lift GDP

If the Hungarian Parliament today approves yesterday’s proposal to revoke the Sunday closings law, which restricts retailers from opening on...

Analysis

Report: Reduced internet service VAT could lower budget revenues

The planned reduction of VAT on internet service from 27% to 18% is expected to reduce budget revenues by an...

Analysis

Banking Association welcomes lower taxes, still considers tax burden high

Members of the Hungarian Banking Association have welcomed this years cuts to taxes first levied on banks as part of...

Figures

KSH: Hungary’s CPI down 0.2%

Hungary’s consumer price index (CPI) was down 0.2% on average in March, as compared to the same month a year...

Analysis

BNP Paribas labor market stability index slightly up in Q1

The labor market stability index of insurer BNP Paribas Cardif and survey institute Median, which measures how secure employees feel...

Analysis

Parliamentary parties, government discuss postal act amendmends

The Hungarian government and parliamentary parties yesterday held talks on a planned amendment to the postal services act, state secretary...

Figures

KSH: External trade surplus down €174 mln

Hungary’s external trade surplus was down €174 million to €530 mln in January as compared to the same month a...

Analysis

Vodafone Hungary to take over Tesco Mobile

Following Vodafoneʼs takeover of Tesco Mobile during the period of April 6-16, Tesco Mobile customers will no longer be able...

Analysis

Hungary PMI falls to 51.7 in March

Hungaryʼs seasonally-adjusted Purchasing Managers Index (PMI) fell to 51.7 points in March from 54.6 points in February, the Hungarian Association...

Analysis

Report: Government could ban encrypted messaging

Hungary’s Ministry of Interior is drafting an action plan to fight terrorism, under which those who use services on their...

Analysis

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...

Figures

Hungary’s Inflation at 1.6% in September 2026

Consumer prices in Hungary rose 1.6% year-on-year in September, while prices increased 0.2% from August, according to data from the...

Figures

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

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

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...

EY Urges Early Preparation for Hungary’s Proposed Wealth Tax

Hungary’s proposed wealth tax could create new obligations for wealthy individuals, trusts and private foundations, with the first assessment generally...

IMF Sees Window for Hungary’s Economic Revival, Urges Swift Reforms

Hungary has a “uniquely favorable window of opportunity” to revitalize its economy, but must act quickly to turn market confidence...

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...

Hungary’s Inflation at 1.6% in September 2026

Consumer prices in Hungary rose 1.6% year-on-year in September, while prices increased 0.2% from August, according to data from the...

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...

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...

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...

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,...

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...

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...

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...

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...

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...

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...