Hungary has made progress in scaling back the bureaucracy businesses must deal with, but there is still room for improvement, Dale A. Martin, President-CEO of Siemens Zrt. and head of the German-Hungarian Chamber of Industry and Commerce (DUIHK), said in an interview in Thursdayʼs issue of business daily Világgazdaság.

Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 979.9 billion deficit at the end of August, 84% of the full-year target, a second reading of data from the Ministry for National Economy confirmed Thursday. The ministry stated that the deficit target of 2.4% of GDP can still be safely achieved.

Hungaryʼs net external financing capacity - the combined surplus of the current and capital accounts - rose to EUR 3.122 billion in the second quarter on a high inflow of European Union funding and a rising surplus in the foreign trade of goods, a report released by the National Bank of Hungary (MNB) on Wednesday shows.

Hungaryʼs government launched a HUF 20 billion fund to support listings on the Budapest Stock Exchange (BÉT) at a meeting of mid-sized companies organized by the bourse on Wednesday.

The Government Debt Management Agency (ÁKK) exchanged bonds maturing in 2020 for HUF 20.0 billion of bonds maturing in 2026 at a switch auction on Wednesday, state news wire MTI reported.

The average gross monthly wage in Hungary rose 13.1% year-on-year to HUF 290,500 in July, the Central Statistical Office (KSH) said on Wednesday. Business sector wage growth has been slower than in the public sector.

The National Bank of Hungary (MNB) maintained its 2.4% inflation forecast for this year and kept its GDP projections unchanged for three years in its fresh quarterly Inflation Report released Tuesday.

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) amounted to HUF 5,993 billion in August, edging down 0.2% from the previous month, BAMOSZ said on Monday.

The Monetary Council of the National Bank of Hungary (MNB) decided to keep the central bankʼs key rate on hold at 0.90% at its rate-setting meeting on Tuesday, as expected. Analysts cited by state news wire MTI, however, envisage tightening in 2018.

Hungarians are not very eager to relocate, especially those born in rural areas, according to data from a microcensus conducted last year, released by the Central Statistical Office (KSH).

Insurance companies have paid out almost HUF 6 billion in compensation for damage caused to residential properties in Hungary by storms this summer, the Association of Hungarian Insurance Companies (Mabisz) told state news wire MTI Monday.

The value of purchases made in Hungary with locally issued bank cards rose 25% year-on-year to HUF 1,066 billion in the second quarter of 2017, the National Bank of Hungary (MNB) said in a quarterly report published Friday, cited by state news agency MTI.

Hungaryʼs external financing capacity fell sharply to just EUR 14 million in July as the foreign trade in goods saw a long-foreseen deficit and the usual capital account surplus, reflecting transfers from the European Union, practically disappeared, monthly preliminary balance of payments data from the National Bank of Hungary (MNB) show.

Output of Hungaryʼs construction sector rose by an annual 22.7% in July, but decreased in a month-on-month comparison, data released by the Central Statistical Office (KSH) today shows.

During the last seven years, average gross monthly wages have grown significantly and reached nearly HUF 300,000, according to data released by the Central Statistical Office (KSH). Government measures raising the guaranteed minimum wage have contributed to the increase.

The number of internet subscriptions in Hungary rose 8.0% year-on-year to more than 9.1 million in the second quarter of 2017, state news agency MTI reports, summarizing data released by the Central Statistical Office (KSH).

Agricultural producer prices were 3.0% higher in July 2017 than in the corresponding month of the previous year, which was made up of a 1.4% decrease in the price of crop products and an 11% rise in the price of live animals and animal products, according to a first release of monthly data from the Central Statistical Office (KSH).

The number of job vacancies in Hungary has reached a record high, according to figures released by the Central Statistical Office (KSH). In the second quarter of 2017, job vacancies in the private sector stood at more than 48,000, a 10,000 increase year-on-year.

Hungaryʼs central government has reached agreements with the countryʼs biggest cities on 260 investments worth HUF 3,388.5 billion within the framework of the Modern Cities program, János Lázár, the head of the Prime Ministerʼs Office, said in a letter to an opposition MP posted on the website of Parliament.

Output of Hungaryʼs automotive sector, a key driver of industry in the country, fell 7.9% year-on-year in July, shows a detailed reading of data released Wednesday by the Central Statistical Office (KSH). Headline output edged up just 0.2% in July, confirming the first reading on September 6, down from 4.0% the previous month.