Statistics

Analysis

Chamber of Commerce Corner, September 20, 2024

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

Figures

VC Investments in CEE at EUR 940 mln in Q2 2024 – Vestbee

Vestbee, Europe’s leading platform for startups, VCs, accelerators, and corporates, has just released its VC Funding in the CEE Report...

Figures

IMF Growth Projections Put Hungary Among EU Frontrunners

Economic growth projections by the International Monetary Fund put Hungary among next year's European Union frontrunners, Minister of Finance Mihály...

Analysis

Corvinus Research Reveals Main Threats of AI in Education

For two semesters, Corvinus teachers experimented with ChatGPT-like artificial intelligence in their mathematics courses: all the time, their students were...

Analysis

Hungarians Lag Behind in AI Readiness

Hungary's technological preparedness falls behind the global average, according to a comprehensive Hungarian artificial intelligence (AI) conducted by Publicis Groupe...

Analysis

Arenim Technologies Launches ‘Quantum-resilient’ Comms System

Big 4 firm KPMG warns that quantum computers “will be able to break [today’s] common encryption methods at an alarming...

Figures

Auto Owners Pay 10% More on Q2 Insurance Premiums

Hungarian auto owners paid a little more than HUF 57,200, on average, for their annual compulsory vehicle insurance premiums in...

Figures

Hungary’s Inflation at 3.4% in August

Hungary's consumer prices rose by 3.4% in August 2024 compared to the same period last year, according to the latest...

Analysis

Hungarian Journalists, Copywriters Not Afraid of Losing Jobs to ChatGPT

Artificial intelligence makes their work more efficient and easier, but they do not consider their profession to be completely replaceable...

Figures

Hungarian Fuel Prices Favourable, Says Ministry

Gasoline prices at the pump in Hungary were under the average in neighboring countries in the month of August, data...

Analysis

Industry and Consumption: Two Hindering Factors Behind Latest Central Statistical Office GDP Data

The performance of the Hungarian economy shrank by 0.2% in the second quarter compared to the first. This is the...

Analysis

Chamber of Commerce Corner, September 6, 2024

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

Analysis

Changing Weather, Turning Pages, and Realpolitik

The summer holidays are over, the kids are back at school, and the roads are horribly congested. It’s still hot...

Figures

Acquisition Closures Boost Gloster in H1

Listed IT company Gloster's management expects a 35-45% higher sales revenue (around HUF 5.8 billion-6.6 bln) and a half-year EBITDA...

Analysis

Domestic Companies Unaware of ESG Requirements

A significant number of domestic companies are not aware of the environmental, social and corporate governance aspects they must comply...

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...