Analysis

Analysis

Mandatory ESG Audit – More and More Companies Affected

The AmCham Workspace and Facilities Management (WFM) Committee's series of events on ESG factors has reached its final pillar. Zsolt...

Analysis

2024 Minimum Wage Talks ‘Going Well’

Talks on next year's minimum wage rise are "going well," and an agreement could "very likely" be reached by the...

Analysis

German Companies Helping Hungary Move up the Value Chain

It seems German companies continue their love affair with Hungary. Their affection is also showcased by the data of the...

Analysis

Editorial: Breaking the Hungarian Nobel Glass Ceiling

The British have a saying: you wait around at a bus stop for hours, and then three buses turn up...

Analysis

Retail Trade Seems Likely to Drop Further

Hungary’s retail sector is still in decline, with the August data proving to be even weaker than expected. With the...

Analysis

Summer Measures Boost Gov’t Securities Demand

Measures the government took in the summer to boost demand for government securities have "proven extraordinarily effective", resulting in marked...

Analysis

Regional Wage Differential Widens

Hungary's regional wage differential remained "significant" and widened by a small degree in the second quarter, the Central Statistical Office...

Analysis

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Analysis

IMF Cuts Hungary GDP Forecast

The International Monetary Fund (IMF) forecasts Hungary's GDP will contract 0.3% this year in its latest World Economic Outlook released...

Analysis

Chamber of Commerce Corner, September 22, 2023

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

Analysis

Hungarians Seek Health and Sustainability from AI: Insights from Bosch×Richter Survey

Innovation is with us in our homes, cars, hospitals and most areas of our modern lives. But how do Hungarians...

Analysis

SMEs Augur Higher Sales, Profit Next Year

The domestic SME sector is planning slightly higher sales and profit growth compared to the beginning of the year, with...

Analysis

Czech Economy Stalls in Q2

The Czech Republic's economy stagnated in the second quarter of 2023, compared to an earlier estimate indicating 0.1% growth and...

Analysis

Hungary PMI Edges up to 47.4 in September

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 47.4 points in September from 46.7 in August, remaining under the 50-point...

Analysis

Slovakia Business Mood Down, Consumer Mood up in Sep

Overall confidence in the Slovak economy did not change significantly month-on-month, despite its decline in industry, construction, and trade, data...

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

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

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...

Analysis

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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...

Bosch-Richter Survey Finds Hungarians Open to AI, Health Tech and Safer Mobility

A survey presented at BoschxRichter Innovators’ Day suggests Hungarians prioritize health and financial stability while welcoming technology that improves safety...