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Gov’t Incentives Generate HUF 4 tln of Investments in 2024

Government incentives generated HUF 4 trillionn of investments in 2024, making it the second-biggest year on record, Minister of Foreign...

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Hungary Lowers Guest Worker Cap to 35,000 in Decree

In a decree issued by the Minister of National Economy, Hungary has lowered the cap on the number of work...

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Competition Authority Levies HUF 4 bln in Fines in 2024

Hungary's Competition Office (GVH) has levied more than HUF 4 billion of fines in 2024, the watchdog's head, Csaba Balázs...

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Budapest Stock Exchange Turnover Reaches HUF 2.96 tln in 2024

Share turnover on the Budapest Stock Exchange came to HUF 2.96 trillion in 2024, the bourse said on Thursday, according...

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Competition Office Levies More Than HUF 4 bln of Fines in 2024

Hungary's Competition Office (GVH) has levied more than HUF 4 billion of fines in 2024, the watchdog's head, Csaba Balázs...

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Non-wage Benefits Climb by HUF 50,000 in 2024 – Survey

Employees in Hungary got around HUF 50,000 more in non-wage benefits in 2024 than in the previous year, a survey...

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Orlen Hungary Reports Explosive Growth in 2024

Orlen Hungary strengthened its presence in the Hungarian market this year, increasing its market share to 6.8%, and expanded its...

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Hungary’s Average Gross Earnings Rise 12.9% Year-on-Year in October

Full-time employees in Hungary earned an average gross salary of HUF 637,200 in October 2024, reflecting a 12.9% increase compared...

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Hungary Records Decline in Births, Deaths, and Marriages in November 2024

Preliminary data from the Central Statistical Office (KSH) reveals a decline in births, deaths, and marriages in Hungary during November...

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Inflation in Hungary Climbs 3.7% Year-on-year in November

Hungary's annualized consumer price index reached 3.7% in November, up from 3.2% in the previous month, according to data released...

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Q3 GDP Contracted 0.7% Y.O.Y.

Hungary's GDP contracted 0.7% year-on-year in the third quarter, adjusted for seasonal and calendar year effects, according to a second...

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Hungary PMI Rises to 50.3 in November

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 50.3 points in November, climbing from 47.9 points in October, the Hungarian...

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Bourse Turnover Reaches HUF 389 bln in November

Share turnover on the Budapest Stock Exchange came to HUF 389 bln in November, news agency MTI reports....

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Birth Decline Outpaces Fall in Deaths in October

The number of births fell by 6.9% in October compared with the same month in the previous year, while deaths...

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Hungary’s Investment Performance Falls 15.4% in Q3

Hungary’s investment volume fell 15.4% year-on-year in the third quarter of 2024, according to raw data released by the Central...

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Hungary’s Inflation at 1.6% in September 2026

Consumer prices in Hungary rose 1.6% year-on-year in September, while prices increased 0.2% from August, according to data from the...

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Government Opens HUF 2.2 bln in Funding for Hungarian Communities Abroad

Two funding schemes supporting ties with ethnic Hungarian communities abroad open for applications this week, offering HUF 2.2 bln for...

Hungary’s Unemployment Rate Stands at 4.6% in September

Hungary’s unemployment rate stood at 4.6% in September, with 224,000 people unemployed, according to data published by the Central Statistical...

Hungary’s 2027 Budget Assumes 2.4% GDP Growth, 3% Inflation

Hungary’s draft 2027 budget assumes GDP growth of 2.4% and average annual inflation of 3%, Prime Minister Péter Magyar said...

Hungary’s Gross Wages Rise 8.4% to HUF 740,600 in August

Average gross monthly earnings for full-time employees in Hungary rose 8.4% year-on-year to HUF 740,600 in August, according to the...

Hungary’s Inflation at 1.6% in September 2026

Consumer prices in Hungary rose 1.6% year-on-year in September, while prices increased 0.2% from August, according to data from the...

Government Opens HUF 2.2 bln in Funding for Hungarian Communities Abroad

Two funding schemes supporting ties with ethnic Hungarian communities abroad open for applications this week, offering HUF 2.2 bln for...

Hungary’s Budget Deficit Reaches 6.2% of GDP in H1 2026

Hungary’s general government deficit reached HUF 2.810 tln, or 6.2% of GDP, in the first half of 2026, as expenditure...

Hungary to Raise Lowest Pensions From January

Hungary will raise the minimum pension to HUF 120,000 and introduce tiered increases for other low pensions from Jan. 1,...

Hungary Lifts Debt Issuance Plan to HUF 8.7 tln as Financing Needs Grow

Hungary’s Gov't Debt Management Agency (ÁKK) has raised its 2026 net issuance target to HUF 8.717 tln, citing a larger-than-expected...

Hungary’s Average Gross Earnings up 7.5% in July

Average gross monthly earnings for full-time employees in Hungary rose 7.5% year-on-year to HUF 745,500 in July 2026, while average...

O3 Partners Posts EUR 1.45 mln First-Half Profit as Revenue More Than Quadruples

Budapest-listed O3 Partners reported a EUR 1.45 mln after-tax profit for the first half of 2026, reversing a EUR 470,000...

Hungary Annual Inflation Reaches 1.3% in August

Consumer prices in Hungary rose by 1.3% year-on-year in August 2026, and 0.2% from July, according to data published by...

Hungary’s Industrial Output Rises 4.7% in July

The volume of industrial production in Hungary rose 4.7% year-on-year in July, according to unadjusted data published by the Central...

BUX Hits Record High in August as Budapest Stock Exchange Trading Remains Active

The Budapest Stock Exchange’s benchmark BUX index continued to rise in August, reaching a new all-time high during the month...

Hungary Births Fall 8.2% in July, Marriages Rise

A total of 6,197 children were born in Hungary in July, about 8.2% fewer than a year earlier, while the...

Hungary Average Gross Earnings Reach HUF 754,700 in June

Average gross earnings in Hungary reached HUF 754,700 in June, up 7.1% year-on-year, while average net earnings rose 9.4% to...