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Hungary’s Economy Posts 0.2% Growth in Q2, Services Offset Industrial Weakness

Hungary’s economy inched forward in Q2 2025, with GDP rising 0.2% y.o.y. on a seasonally and calendar-adjusted basis, according to...

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Average Gross Wage Tops HUF 700,000 for 4th Month, Says State Secretary

Wage growth in Hungary remains "dynamic" and "continuous," according to State Secretary for Employment Policy Sándor Czomba, citing the latest...

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VIG: Growth Despite HUF 72.8 bln Goodwill Impairment

VIG reported a drop in pre-tax profit in its Extended CEE segment due to an impairment of goodwill in Hungary...

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Hungary’s Employment Holds Steady in July, Unemployment Rate at 4.3%

Hungary’s labor market showed little change in July 2025, with the average number of employed persons aged 15–74 reaching 4.71...

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Majority of Hungarian SMEs Plan pay Raises in Next 12 Months

Nearly two-thirds of Hungarian small and medium-sized enterprises intend to raise wages in the coming year, according to K&H's latest...

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Hungary’s Investments Fall 8% in Q2, Real Estate and Manufacturing Lead Decline

Hungary’s investment performance shrank 8% year-on-year in the second quarter, marking another slowdown in capital formation, the Central Statistical Office...

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Hungarian Universities Featured in Shanghai Ranking

The Hungarian higher education sector is also performing outstandingly according to the 2025 Academic Ranking of World Universities (Arwu), also...

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Survey: Back-to-School Costs Average HUF 50,000–75,000 in Hungary

Hungarian families can expect to spend between HUF 50,000-75,000 on average for back-to-school expenses this year, but the costs for...

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Hungary Consumer Prices Rise 4.3% Year-over-Year in July

Consumer prices in Hungary rose 4.3% in July compared with the same month a year earlier, according to the Central...

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Home Start Credit Could Account for 30-50% of Outlays

State-subsidised credit for first-time home buyers could account for 30-50% of outlays when the Home Start Program launches in September,...

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INA’s Q2 Adjusted EBITDA Rises 5%

MOL's Croatian oil subsidiary INA posted mixed results for the second quarter, with both revenue and profit falling year-on-year, although...

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Hungary PMI Edges Over 50 Mark in July

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) stood at 50.7 points in July, rising from 49 in the previous month, the...

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27% of Hungarians Unable to Save as Financial Pressure Mounts

A growing share of Hungarians are struggling financially, with 27.1% of the population now unable to save any portion of...

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Hungary’s GDP Grows 0.2% in Q2 2025, Services Drive Modest Expansion

Hungary’s gross domestic product grew 0.2% year over year in the second quarter of 2025 on a seasonally and calendar-adjusted...

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July Storms Trigger More Than HUF 1.5 bln in Claims at Alfa Insurance

Damage reports linked to early July storms in Hungary have surged at Alfa Insurance, with the number of claims nearly...

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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...

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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...

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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...

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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...

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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...