Consumer prices were 3.8% higher on average in July 2020 than in the same month of the previous year, according to data published by the Central Statistical Office (KSH)
The recovery of passenger traffic at Ferenc Liszt International Airport continued in July, with the number of travelers using the airport increasing to 304,596, according to data published by Budapest Airport.
The Monetary Council of the National Bank of Hungary (MNB) surprised the markets with a decision that took what had already been a record-low base rate down to 0.75%. The move sent the volatile forint to a historic low.
In June 2020, guests spent 75% fewer tourism nights at commercial accommodation establishments in Hungary than in the same month of 2019, with domestic tourists accounting for the vast majority of nights, according to data released by the Central Statistical Office (KSH).
Hungary has changed the risk classification for Spain governing restrictions on arrivals of Hungarian and foreign nationals based on rates of novel coronavirus infections to yellow from green, according to a report by state news wire MTI.