Despite the latest measures of the Austrian government cutting family allowances for the children of foreign workers, the number of cross-border commuters traveling between Hungary and Austria amounts to 40,000 in western Vas County alone, according to Hungarian news portal Index.

In 2018, some 137,000 tonnes of honey were traded among the EU member states, with Hungary alone exporting nearly 20,000 tonnes to other members, amounting to about 14% of total intra-EU exports, according to the EUʼs statistical agency Eurostat.

Hungaryʼs state debt stood at 70.1% of GDP at the end of March, down from 70.8% of GDP at the end of December 2018, the National Bank of Hungary (MNB) said today, based on a preliminary reading of Hungaryʼs financial accounts, Hungarian news agency MTI reports.

The Monetary Council of the National Bank of Hungary (MNB) will continue to "rely mainly" on the central bankʼs quarterly Inflation Report when assessing the outlook for inflation, while also analyzing monthly macroeconomic data, show the minutes from the monthly policy meeting in April released Wednesday.

Hungaryʼs net external financing capacity - the combined surpluses of the current and capital accounts - stood at EUR 1.119 billion in the first quarter of 2019, compared to EUR 100 million in Q4 2018, state news agency MTI calculates based on monthly balance of payments data from the National Bank of Hungary (MNB).

The gross domestic product of Hungary rose by 5.3% according to raw data, and by 5.2% according to seasonally and calendar-adjusted and reconciled data, in the first quarter of 2019 compared to Q1 2018, says a flash estimate from the Central Statistical Office (KSH) released Wednesday.

The Hungarian ice cream market is expected to grow by 20%, generating output of HUF 35 billion, according to the latest gauge compiled by market research firm Nielsen, business news site vg.hu reported.

Ranking broadband speeds in 200 countries across multiple 12-month periods, price comparison service cable.co.uk has generated an overall average speed measurement for the globe and gauged how this number changes over time, penzcentrum.hu reported.

Output of Hungaryʼs automotive sector, the engine of industrial growth accounting for about 30% of manufacturing production, rose 12.8% year-on-year in March, the highest rate in two-and-a-half years, and well above the 8.0% increase in overall industrial output.

The volume of construction output, based on raw data, was 67.6% higher in March 2019 than a year earlier, albeit from a low base, show monthly data from the Central Statistical Office (KSH). Output rose in both main groups of construction: in the construction of buildings by 62.3%, and in civil engineering works by 78.8%.

The introduction of a new state support measure may result in increased activity on the agricultural machinery market, as well as a more lively leasing market and more modern machine fleets at market players, says a press release from the Hungarian Leasing Association.

Hungaryʼs general government, excluding local councils, ran a HUF 39 billion deficit at the end of April, some 3.9% of the HUF 998.4 bln target for the full year, the Ministry of Finance said in a preliminary reading of data on Thursday.

Consumer prices were 3.9% higher on average in April 2019 than a year earlier. Significant price rises were measured over the past year for alcoholic beverages and tobacco, as well as food items, according to the latest monthly data from the Central Statistical Office (KSH).

In euro terms, exports increased by 4.9% and imports by 5.6% in March compared to the same month of the previous year, with the surplus on external trade in goods diminishing by EUR 21 million, shows a first release of data from the Central Statistical Office (KSH).

Hungarian firms manufacture nearly 400,000 bicycles a year, of which some 220,000 are sold domestically, with the rest going for export, business news portal tozsdeforum.hu reported, citing data from the Hungarian Association of Bicycle Makers and Sellers (MKKSZ).

In March 2019, the volume of industrial output - both in raw terms and according to working day-adjusted figures - grew by 8.0% year-on-year, shows a first reading of data from the Central Statistical Office (KSH) released Wednesday.

The European Commission (EC) raised its projection for Hungaryʼs GDP growth this year from 3.4% to 3.7% in a quarterly forecast released on Tuesday. The EC also raised the forecast for next yearʼs growth from 2.6% to 2.8%, state news agency MTI reported.   

The allocation for a joint Hungarian-Israeli fund to support innovation has been tripled to EUR 6 million, Hungaryʼs Ambassador to Israel Levente Benkő said at an event in the recently opened diplomatic trade mission in Jerusalem on Monday, state news wire MTI reported.

In March 2019, the volume of sales in retail shops rose by 4.9% according to raw data, and by 5.9% when adjusted for calendar effects – mainly due to Easter – compared to the same month of the previous year, according to a first reading of data from the Central Statistical Office (KSH).

There were 653 homes built in the city of Győr (121 kilometers northwest of Budapest) in 2018, the most in any city outside of the capital, according to property market data compiled by the Central Statistical Office (KSH).