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Hankó: Hungary Tripled R&D Funding Over the Past Decade

Hungary has demonstrated its commitment to research and development by tripling funding for the sector over the past decade, Culture...

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8 Hungarian Universities Among Shanghai Ranking’s Top 500

Fully eight Hungarian universities rank among the top 500 in the latest Shanghai Ranking, the culture and innovation ministry said...

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Inflation in Hungary at 3.2% in October

Consumer prices in Hungary increased by 3.2% in October compared to a year ago, according to data released by the...

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Chamber Head Launches Consultations on Minimum Wage Rise

Elek Nagy, the recently elected president of the Hungarian Chamber of Commerce and Industry (MKIK), has launched broad consultations with...

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Masterplast Books EUR 1.291 mln Q3 Loss

Listed building materials maker Masterplast booked a net loss of EUR 1.291 million for the third quarter, widening from a...

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Deaths Outstrip Births in September

The number of births fell by 7.7% in September compared with the same month in the previous year, while deaths...

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Hungary’s Economy Shrinks 0.7% in Q3 Amid Slowdown in Key Sectors

Hungary’s economy contracted by 0.7% in the third quarter of 2024 compared to the same period last year, according to...

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Public Procurement Contract Value Climbs 46% in Q1-Q3

The value of public procurements in Hungary climbed 46% to nearly HUF 2.826 tln in the first nine months of...

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Gov’t Planning to Introduce Predictable Wage Increase Scheme

The government is planning to introduce a predictable wage increase scheme spanning several years, one of the issues to be...

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10% Minimum Wage Rise Would Be ‘Manageable’ – Évosz

A 10% minimum wage rise for 2025 would be "manageable" for construction industry companies, the National Federation of Hungarian Building...

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Hungary’s Industrial Producer Prices Rise 3% in August

Hungary's industrial producer prices increased by 3% in August 2024 compared to the same month last year, according to data...

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MNB Sees Inflation Slowing Further in September

August's 3.4% Consumer Price Index was in line with the National Bank of Hungary's (MNB) expectations, and the central bank...

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Hungary’s Average Gross Earnings Rise 13.9% in July

Hungary’s average gross earnings increased by 13.9% year-on-year in July 2024, reaching HUF 636,700, according to data released by the...

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VC Investments in CEE at EUR 940 mln in Q2 2024 – Vestbee

Vestbee, Europe’s leading platform for startups, VCs, accelerators, and corporates, has just released its VC Funding in the CEE Report...

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IMF Growth Projections Put Hungary Among EU Frontrunners

Economic growth projections by the International Monetary Fund put Hungary among next year's European Union frontrunners, Minister of Finance Mihály...

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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...