Analysis

Forecasts Indicate Oct CPI of 9-10% – Minister

Economic Development Minister Márton Nagy said forecasts suggested Hungary's inflation could fall into the single digits in October, speaking at...

Analysis

Nagy: Real Wages Could Rise Again From August

When adjusted for inflation, wages could stop falling in July and start rising again from August, Minister of Economic Development...

Analysis

Uni Study Says Urban Communities Can Confront Overconsumption

According to recent research from the Corvinus University of Budapest, self-organizing urban communities can effectively confront the market-consumer culture based...

Analysis

Poland Economy Shrinks in Q2

Poland's gross domestic product (GDP) shrank 0.5% year-on-year in the second quarter of 2023, accelerating from a 0.3% contraction in...

Analysis

Slovak Economy Q2 Growth Faster Than Forecasted

Slovakia's economy expanded 1.5% year-on-year in the second quarter of 2023, surpassing market forecasts and the previous quarter's growth rate...

Analysis

1/4 of Morgan Stanley Risk Managers Work in Hungary

Approximately a quarter of Morgan Stanley's risk managers work in Hungary, according to hrportal.hu....

Analysis

Bamosz Investment Fund NAV at HUF 11.915 tln in July

Net asset value of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies...

Analysis

Chamber of Commerce Corner, July 28, 2023

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

Analysis

Wizz Air Faces Challenging Post-COVID Ascent

Low-cost carrier Wizz Air is gradually clawing its way back from the devastating blow dealt by the pandemic to the...

Analysis

Companies Challenged to Crack Code of ESG, Inflation

This year brings familiar but no less troubling concerns for businesses looking to operate in Hungary or across its borders...

Analysis

Country Border Poses High Hurdle for Would-be Hungarian Champions

Exploring and conquering new markets is an obvious means of growth and development for companies; in Hungary, it is also...

Analysis

Students Worried About Economic Fluctuations

According to a survey from OTP Bank, more than half of students in higher education in Hungary would consider a...

Analysis

Students Worried About Economic Fluctuations

According to a survey from OTP Bank, more than half of students in higher education in Hungary would consider a...

Analysis

Hungary Among Least Well-Rested Countries in Europe

According to an analysis, done by online bedroom furniture retailer Bed Kingdom, to find the most well-rested countries in Europe,...

Analysis

Bulgaria Consumer Confidence Improves

Bulgaria's consumer confidence indicator rose to -25.5 in the third quarter of 2023, from a downwardly revised value of -28.7...

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...