Analysis

Consumption expenditure on alcohol above EU average

In 2019, households in Hungary spent 2.9% of their total consumption expenditure on alcoholic beverages, according to data published by...

Analysis

Household spending on food, non-alcoholic beverages above EU avg

In 2019, households in Hungary spent 17.3% of their total consumption expenditure on food and non-alcoholic beverages, according to data...

Analysis

Romanians save just over EUR 700 on average in 2020, survey

Romanians set aside as savings or investments EUR 59 per month on average in 2020, 6% more than one year...

Analysis

GKI’s economic sentiment index improves in December

Economic research institute GKI’s economic sentiment index rose sharply in December, almost reaching levels last registered in October....

Analysis

Over half of young Bulgarians depend on parents’ financial support

Fifty-eight percent of young people in Bulgaria aged 25-29 take money from their parents, and 35% of university graduates live...

Analysis

Median gross hourly earnings below EU average

In October 2018, median gross hourly earnings stood at EUR 4.4 in Hungary, the joint third-lowest amount among EU Member...

Analysis

Consumer confidence continues to worsen, GKI says

Economic research institute GKIʼs gauge of consumer confidence fell to -38.5 points in December from -33 points in the previous...

Analysis

Average new apartment in Prague costs 13.9 yearsʼ salary, study says

A Prague resident would have to work 13.9 years for a medium-size apartment of 70 square meters if having no...

Analysis

MÉASZ expects building material boom in 2021

The home creation and renovation programs starting next year are expected to provide a lasting set of orders for both...

Analysis

Financial awareness improves, despite reluctance of consumers to spend

Since the outbreak, more people are afraid of higher spending, but at the same time, the financial awareness of households...

Analysis

The Budapest vs. Countryside Equation in SSC Location

Shared services centers, also known as business services centers, are among the largest employers in the country, but the importance...

Analysis

Light at the end of the COVID-19 Tunnel

The past week has seen two dramatic vaccine announcements, by Pfizer and Moderna, each claiming more than 90% efficacy. This...

Analysis

A Tale of Two Vaccines

Analysis

Despite Promising Data, ‘W’-shaped Recovery Lies Ahead

A slow recovery from the pandemic crisis started in the third quarter of the year, latest data from the Central...

Analysis

Choosing the right insurance package for your business

The Budapest Business Journal talks with Allianz Hungária senior portfolio manager György Tollmayer about the benefits of a well-chosen SME...

Analysis

One in Six Hungarian Adults Has Lost Money to Cyberfraud, CIB Survey Finds

Nearly half of Hungarian adults have encountered a cyberfraud attempt, and 16% have lost money, according to a representative survey...

Analysis

Economic and Geopolitical Uncertainty Should Change how we Grow, not Whether we Grow

Economic volatility, geopolitical disruption, and technological change are making long-term decisions harder for business leaders. Yet uncertainty does not remove...

Analysis

Hungary’s GDP Grows 1.5% in Q3 as Industry Offsets Drought Hit

Hungary’s GDP grew 1.5% year-on-year in the Q3 2026, supported by industry and services, while drought-hit agriculture held back the...

Analysis

Hungary Sets 2030 Euro Readiness Goal in Growth and Deficit Plan

Hungary aims to meet the conditions for euro adoption by 2030 while lifting growth above 3% and reducing budget deficit...

Analysis

Hungarian Business Confidence Improves as Consumer Sentiment Weakens

Business confidence edged higher in Hungary in October, while consumer sentiment deteriorated, according to economic research institute GKI....

Analysis

Kopint-Tárki Forecasts Hungary’s GDP Growth at 2.5% in 2027

Economic research institute Kopint-Tárki expects Hungary’s GDP to grow by approximately 2.5% in 2027, according to a new forecast released...

Analysis

MNB Keeps Base Rate Unchanged, Lower Inflation Target Signals Tighter Stance

The Monetary Council of the National Bank of Hungary (MNB) left Hungary’s benchmark rate at 5.5% at its most recent...

Analysis

Hungarian Business Groups Urge Changes to Draft Wealth Tax

Fourteen Hungarian business organizations have issued a joint statement calling for changes to the proposed wealth tax, including relief for...

Analysis

AI Boom, USD 100 Oil and 5% Bond Yields Reshape Investment Outlook

An AI-driven technology rally, oil prices above USD 100 and U.S. Treasury yields around 5% are reshaping investment opportunities, according...

Analysis

VOSZ Business Confidence Index Declines in Q3 2026

Hungarian business association VOSZ’s business confidence index fell two percentage points to 50% in the third quarter of 2026, according...

Analysis

Editorial: In Praise of the Diplomatic Dance

The improved mood evident across Hungary following the Tisza government’s assumption of power appears to have extended well beyond the...

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...

Analysis

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...

Analysis

Equilor: 2033 Earliest Date for Hungary to Adopt the Euro

Hungary could adopt the euro no earlier than 2033, according to a new assessment by Equilor Investment, which acknowledges improving...