Az expected, Parliament voted on Tuesday to phase out state subsidies on deposits at home savings banks. The motion was passed in an expedited procedure with 125 votes for, 49 against, and no abstentions, state news agency MTI reported.

Hungaryʼs total vegetable harvest could come close to last yearʼs 1.9 million tons, Ferenc Ledó, the head of fruit and vegetable growers association FruitVeB told Hungarian news agency MTI.

The volume of construction output was 24.4% higher in August 2018 than a year earlier based on raw data. Output increased in both main groups of construction; in the construction of buildings by 10.1%, and in civil engineering works by 46.8%.

The number of workers employed in the retail sector, working at organizations with at least five people, rose by 1.55% to 195,000 in 2017 compared to 2016, state news wire MTI reported based on a summary of data by the Central Statistical Office (KSH). 

Farmgate prices in Hungary were up 6.0% year-on-year in August 2018, with crop prices rising and pork prices plummeting, the Central Statistical Office (KSH) said on Friday, Hungarian news agency MTI reports.

The number of shopping malls and hypermarkets has stagnated in Hungary since 2010, a summary of data released by the Central Statistical Office (KSH) shows, Hungarian news agency MTI reports.

Guest nights spent in commercial accommodation in Hungary rose by 2.9% year-on-year in August, to 4.55 million, with the 5.7% increase in nights spent by domestic tourists the driving force behind the growth, according to monthly data from the Central Statistical Office (KSH).

The number of retail shops in Hungary fell by 2.9% to 124,909 last year, according to a summary of data reported by the Central Statistical Office (KSH), state news wire MTI reported.

The Forum for the Cooperation of Trade Unions (SZEF), which represents the unions of teachers, healthcare and social workers, and those employed in public administration, is proposing raising gross monthly minimum wages for both skilled and unskilled workers by more than one-third in 2019.

In euro terms, exports increased by 0.9% and imports grew by 6.1% in August 2018 compared to the same month of the previous year, according to a first estimate of monthly data for the external trade in goods from the Central Statistical Office (KSH).

Consumer prices in Hungary rose 3.6% year-on-year in September, accelerating from a 3.4% increase in the previous month, the Central Statistical Office (KSH) said on Tuesday. The headline figure - a more than five-year peak - was lifted by higher prices for vehicle fuel, food and tobacco.

Hungarian Minister of Agriculture István Nagy met with European Commissioner for Agriculture and Rural Development Phil Hogan in Budapest on Monday, discussing infrastructure developments and capacity expansions and reviewing the key points of the EUʼs Common Agricultural Policy (CAP) after 2020.   

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,496.5 billion deficit as of the end of September, the Ministry of Finance said in a preliminary release on Monday. The deficit thus corresponded to 109.9% of the HUF 1,360.7 bln full-year target, state news wire MTI calculated.   

In August 2018, the volume of industrial output grew 1.5% year-on-year, according to a first estimate of data from the Central Statistical Office (KSH). Output grew dynamically in electronics, but fell at a pace similar to July in the automotive sector.

Countries of the Visegrád Group signed a memorandum of understanding (MoU) on a proposal to restructure the European Unionʼs seven-year budget strategy at the annual Globsec Tatra Summit in Slovakia, Hungaryʼs Minister of Finance Mihály Varga told MTI by telephone on Friday.

The European Investment Bank (EIB) vice president Vázil Hudák signed four separate loan agreements for a total amount of EUR 400 million and one advisory agreement, with two of the four loans guaranteed by the European Fund for Strategic Investments (EFSI), part of the "Juncker Plan", according to a press release sent to the Budapest Business Journal.

A derogation approved by EU finance ministers at a meeting in Luxembourg on Tuesday allows Hungary to raise the annual revenue threshold for VAT exemption for small businesses from HUF 8 million to HUF 12 mln from next year, Minister of Finance Mihály Varga said Tuesday, as reported by national news agency MTI.

Bakeries sell their three most popular products - white and semi-brown bread, and water-based rolls - at a loss, data from the Research Institute of Agricultural Economics reveals, according to a press release sent to the Budapest Business Journal.

In August 2018, the volume of sales in retail shops increased by 6.3% according to raw data, and by 6.8% adjusted for calendar effects, compared to August 2017, a first estimate of monthly retail trade data from the Central Statistical Office (KSH) reveals. Sales growth accelerated from 5.4% in July.

The Central Statistical Office (KSH) revised Hungaryʼs second-quarter GDP growth rate to 4.9%, from 4.8%, in a time series update published Tuesday. The KSH also revised its earlier reading of Q1 GDP growth up 0.1 of a percentage point to 4.5%, and its first-half GDP growth figure also up 0.1 of a percentage point to 4.7%.