Statistics

Analysis

Distributed Power Generation Forcing Changes in the Electricity Sector

Increasing complexity and resultant data loads are leaving the classical management of systems unable to cope, says KPMG’s Artúr Böröcz....

Analysis

Bosch and Richter Research: Gen Z’s Vision for Innovation

The future of innovation is being shaped by Generation Z, according to a recent study conducted for Bosch Hungary and...

Analysis

National Bank of Hungary Returns to Rate Cutting

The recent interest rate cuts of the major central banks gave room for the National Bank of Hungary (MNB) to...

Analysis

Brain Bar Continues to Offer Plenty of Food for Thought

Could we live forever thanks to cutting-edge tech? Does it matter if we run out of energy? Who will rule...

Analysis

AI-based Solutions to ‘Super Power’ Work in Daily Professional Life

Employing advanced Artificial Intelligence will reduce the workload of back-office staff by up to 50%, according to KPMG studies....

Analysis

Chamber of Commerce Corner, October 18, 2024

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

Analysis

Chamber of Commerce Corner, October 4, 2024

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

Figures

10% Minimum Wage Rise Would Be ‘Manageable’ – Évosz

A 10% minimum wage rise for 2025 would be "manageable" for construction industry companies, the National Federation of Hungarian Building...

Figures

Hungary’s Industrial Producer Prices Rise 3% in August

Hungary's industrial producer prices increased by 3% in August 2024 compared to the same month last year, according to data...

Analysis

Hungary PMI Rises Close to 50-point Mark

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 49.7 points in September, rising from 47.7 points in August, the Hungarian...

Figures

MNB Sees Inflation Slowing Further in September

August's 3.4% Consumer Price Index was in line with the National Bank of Hungary's (MNB) expectations, and the central bank...

Analysis

Summer-end Inflation Data Pleasantly Surprises Analysts

In August, inflation in Hungary fell to 3.4%, much lower than the 4.1% level measured in July. The pace of...

Analysis

Hungarian Private School Market an Attractive Landscape for Investment

In Hungary, the challenges facing public education – underfunding, teacher shortages, outdated curricula - has led to a significant increase...

Analysis

EBRD Puts Hungary GDP Growth at 1.8% in 2024, 3.3% in 2025

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary's GDP will grow by 1.8% in 2024 and 3.3pc in...

Figures

Hungary’s Average Gross Earnings Rise 13.9% in July

Hungary’s average gross earnings increased by 13.9% year-on-year in July 2024, reaching HUF 636,700, according to data released by 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...

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...