Analysis

Disinflation Continues, but not for Long

Inflation slowed further in February, remaining in the central bank’s 2-4% target band. However, analysts warn that the generally favorable...

Analysis

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya

Hungary signed a HUF 6 billion tied aid agreement with Kenya during a visit to Nairobi by Minister of Foreign...

Analysis

Czech Economic Sentiment at 10-month High in March

The Czech economic confidence improved in March to the highest level in ten months, survey results from the Czech Statistical...

Analysis

Economic Well-being Diminished From February to March

The economic well-being of the population and companies got a little worse from February to March, according to the latest...

Analysis

Hungary’s Rivers’ Yields Dropped Over Past Decade

The water yields of Hungary's rivers show a decreasing trend in the last 10 years, compared to the previous 30...

Analysis

Economy Minister Puts 2024 GDP Growth at 2-3%

National Economy Minister Márton Nagy said the government expected GDP growth to reach 2-3% this year, presenting a strategy to...

Analysis

Gov’t to Lift Cap on Deposit Rates From April 1

The government will phase out a cap on deposit rates from April 1, the National Economy Ministry said on Thursday....

Analysis

Chamber of Commerce Corner, March 8, 2024

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

Analysis

The Financial Challenges Faced by the Hungarian Upper Crust

Around HUF 660 million in investments, nearly a billion in real estate, a business worth double that and almost HUF...

Analysis

Andersen Increases Revenue Despite Unfavorable Economic Climate

The sales revenue of Andersen Adótanácsadó Zrt., a member of Andersen Hungary, was close to HUF 2.5 billion in 2023,...

Analysis

Tax and Accountancy Market Talk: Sharpen Your Digital Pencils

The Budapest Business Journal takes the temperature of Hungary’s tax and accountancy market with some of the country’s leading players....

Analysis

Nearly 100,000 New Home Insurance Policies Signed During Campaign

Hungarian homeowners have signed almost 100,000 new home insurance policies in the first half of a month-long campaign, National Bank...

Analysis

Geopolitics, Economics, AI and Quantum Computing: HBLF Financial Summit

The Hungarian Business Leaders Forum organized its 24th Financial Summit, “Games People Play: Geopolitics, Global Economic Challenges, Artificial Intelligence, Quantum...

Analysis

Digital Patient Journey Management System Enters its Next Phase

Based on feedback from professionals and patients, the development of the digital patient journey management system Dr. BetMen, (a mosaic...

Analysis

Poor Q4 2023 Data Overshadows January’s Headline Inflation News

The unexpected base rate cut of 100 basis points in late February undermined support for the forint....

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...