Analysis

Hungarian Economy Faces Challenges as Real Interest Rates may Remain High, Equilor Warns

The latest analysis by Equilor Investment suggests Hungary’s growth could start to slow from 2024 and may not reach the...

Analysis

Corporate Sector Remains Optimistic

Despite the economic challenges, the corporate sector is optimistic, expecting an increase in the number of employees and sales revenue...

Analysis

Workforce Shortages and Self-diagnosis Among Health Trends

Recent years have seen many changes in healthcare, driven by COVID-19, the energy crisis and accelerated digitalization. However, the most...

Analysis

Industry Expands, Promising Signs on the Horizon

There is light at the end of the tunnel, at least regarding Hungarian industrial production: it grew month-on-month, while vehicle...

Analysis

Editorial: In Praise of Business Mixers

As has been said many times before, we deal in the currency of facts and figures, the numbers and statistics...

Analysis

Financial Transformation: Now or Never

The need for data-driven insights and rapid scenario modeling to support decision-making has never been greater, according to the 2023...

Analysis

EBRD Forecasts Slight Contraction for Hungarian Economy in 2023

The European Bank for Reconstruction and Development (EBRD) forecasts Hungary's GDP will contract 0.2% this year in its latest Regional...

Analysis

Bosnia Inflation Picks up in August

The annual inflation rate in Bosnia and Herzegovina accelerated to 4.7% in August 2023, following nine months of easing and...

Analysis

Czech Economic Sentiment Weakens in September

The Czech economic confidence index decreased in September to the lowest level in two-and-a-half years, survey results from the Czech...

Analysis

Hollywood Strike Will Impact Hungary’s GDP This Year

Film production in Hungary has been hit hard by the U.S. screenwriters’ strike, which began on May 1, and the...

Analysis

Varga Augurs Return to Growth in H2 2023

Finance Minister Mihály Varga said Hungary's GDP could start growing again in the second half of the year at a...

Analysis

President Novák Meets With Elon Musk

President Katalin Novák met with Tesla founder and head Elon Musk at the company's recently inaugurated plant in Austin, Texas,...

Analysis

Chamber of Commerce Corner, September 8, 2023

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

Analysis

Austria Inflation Rate Picks up in August

The annual inflation rate in Austria increased to 7.4% in August, accelerating from a 16-month low of 7% in the...

Analysis

Budapest Among Cheapest Cities for Hybrid Workers

According to new global data, workers spend an average of 3.5 days per week in the office, with the rest...

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...