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Gas, Electricity Consumption Declines

Gas and electricity consumption in Hungary dropped in the six-month period till mid-April as the result of mild winter temperatures,...

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Croatian Inflation Falls in April

Croatia's consumer prices increased by 8.9% year-on-year in April, from 10.7% in the previous month, the Zagreb-based Croatian Bureau of...

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Polish Economy Rebounds in Q1

Poland's economy expanded more than expected in the first quarter after contracting in the previous quarter, preliminary data from the...

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95-plus Tonnes of Donations Collected Over the Weekend

Customers collected more than 95 tonnes of donations during the national non-perishable food collection campaign of the Magyar Élelmiszerbank Egyesület...

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Slovakia Inflation Rate Eases in April 

The annual inflation rate in Slovakia slowed to 13.8% in April from 14.8% in the previous month, data from the...

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Bulgaria Avg Gross Monthly Wage up in Q1

The average gross monthly wage in Bulgaria went up by an annual 17.3% in the first quarter of 2023, reaching...

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Polish Wages up in Q1 

The average monthly wage in Poland in the first quarter of this year rose by 14.3% compared with the same...

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Czech Inflation Eases to 12.7% in April

The Czech Republic's consumer price inflation eased further in April, largely due to a slowdown in the price growth of...

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Gloster Founder Hails ‘Milestone’ Year for IT Firm

Gloster Infokommunikációs Nyrt., the Budapest Stock Exchange-listed IT specialist, closed what it called its “most successful business year” in 2022,...

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Sales of McDonald’s Restaurants Operator in Hungary up 43%

Net sales revenue of Progress Étteremhálózat, which runs McDonald's fast-food restaurants in Hungary, rose 43% to HUF 73.6 billion last...

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Gov’t Targets 2.9%-of-GDP Deficit in 2024 Budget

The government targets a 2.9%-of-GDP fiscal deficit in the 2024 budget draft, Gergely Gulyás, the head of the Prime Minister's...

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Nádudvari Revenue Rises 35% in 2022

Revenue of food company Nádudvari Élelmiszer, a unit of agribusiness Nagisz, rose 35% to HUF 16.7 bln last year, managing...

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Lithuania Inflation Rate Eases in April

Lithuania's annual inflation rate increased to 14.5% in April, easing further from a 1-year low of 16.6% in the previous...

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Ministry Flags Need for Nearly 0.5 mln New Workers by 2030

The Economic Development Ministry said Hungary will need almost half a million new workers by 2030 to meet labor demand...

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Hungary Inflation at 24% in April

Consumer prices in Hungary were 24% higher on average in April 2023 than a year earlier, according to data released...

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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...