Statistics

Figures

Public Procurement Contract Value Climbs 46% in Q1-Q3

The value of public procurements in Hungary climbed 46% to nearly HUF 2.826 tln in the first nine months of...

Figures

Gov’t Planning to Introduce Predictable Wage Increase Scheme

The government is planning to introduce a predictable wage increase scheme spanning several years, one of the issues to be...

Analysis

Banking Sector’s Annual Blood Donation Drive Grows from 1 Week to 1 Month

The Bank Blood Donor Week marks its fifth anniversary, with the banking sector coming together to raise awareness about the...

Analysis

FinMin: IMF Puts Hungarian Economy at Forefront in EU in 2025

The International Monetary Fund (IMF) forecasts the Hungarian economy will be a frontrunner in the European Union next year, the...

Analysis

BCSDH Launches 5-Point Action Plan to Tackle Inequality

Inequality continues to rise in Hungary and globally, presenting a growing threat to economic stability. Currently, the wealthiest 1% of...

Analysis

Editorial: In Praise of Food for Thought

It has been another couple of weeks where, while no single business news item jumps out at you, there are...

Analysis

CSDDD: A new era of Corporate Responsibility and how to Prepare for It

The European Union has taken a significant step forward in promoting sustainable and responsible business practices by adopting the Corporate...

Analysis

Hungary’s 1st Women’s Esports TournamentBreaks New Ground With Hunesz and K&H

Hungary has reached a significant milestone in esports with its first women’s competition, the Valorant 2v2 Spike Queen Challenge powered...

Analysis

After a July Pause, Industry Starts to Suffer Again

Although Hungary’s industrial sector showed signs of stabilization at the beginning of the summer, according to the latest detailed data...

Analysis

Differing Views Regarding Hungarian GDP Growth and Inflation

Many may recall last year’s inflation as a bad dream, with its highest watermark as far back as January 2023,...

Analysis

‘Handling AI is a Human Problem, not a Tech Problem’

“Let’s set responsible AI in motion!” was the motto of the 2024 Humans in Charge AI Symposium organized by the...

Analysis

Hungary Well-placed on Energy Front as Fall Begins to Bite

As cooler temperatures arrive with the onset of fall, the Ministry of Energy Affairs assured Hungarians that regulated household gas...

Analysis

German Investors Remain Keen on Hungary in 2024

German companies continue to play a crucial role in Hungary’s economy, with 2024 showing no signs of slowing down in...

Analysis

U.S. Election and German Economy Pose Challenges for Hungary’s Economy

After the summer recess, the Hungarian National Bank (MNB) may follow the U.S. and European central banks in further lowering...

Analysis

Government Gives Green Light for Geothermal Exploitation, but Hurdles Remain for Hungary

More than 40 speakers at the second Budapest Geothermal Summit, held in the Hungarian capital on Sep. 20, spoke of...

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...

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...

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...

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...

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...

AI Could Help Companies Spot Next Crisis Earlier, EY Says

AI could help companies identify early warning signs of geopolitical conflicts, cyberattacks, and supply chain disruptions, although most businesses are...