News
IMF Expects Best GDP Growth in Region for Hungary and Poland
As recently as January, the International Monetary Fund (IMF) had assumed that the global economy would recover from the second quarter of this year, as the new mutation of the coronavirus, Omicron,...
Construction Output up by 42.3%in February, KSH Reports
Output of Hungary’s construction sector rose by an annual 42.3 percent in February, the highest pace in almost three years, the Central Statistical Office (KSH) said on Wednesday. Output of the...
Industrial Output Up 4.5% in February
Industrial output grew by an annual 4.5 percent in February, the Central Statistical Office (KSH) said on Tuesday. Output of the automotive segment fell “by a small degree”, while output of the...
Wizz Air Launches New Flights to Burgas, Corfu and Dortmund
Hungarian-owned low-fare airline Wizz Air is launching three new services from June, the company said on Saturday. Planes will fly from Debrecen in eastern Hungary to Burgas in Bulgaria and Corfu,...
A better understanding of links between natural resources can help the EU’s sustainability drive
Addressing the links between natural resources like food, energy, water, land, materials and ecosystems services is key to supporting Europe’s ambitions in shifting to a sustainable future,...
Construction Output Up by 3.3 pc in January
Output growth of Hungary’s construction sector slowed to an annual 3.3 percent in January, decelerating on a decline in the building segment, the Central Statistical Office (KSH) said on Wednesday....
Hungary trade balance shows deficit for seventh month in a row
Hungary’s trade balance showed a deficit for the seventh month in a row in January, a first reading of data released by the Central Statistical Office (KSH) on Friday shows. Hungary, an...
Hungary February Inflation 8.3%
Hungary’s consumer price index rose by an annual 8.3% in February, a high not last seen since August 2007, and up from 7.9% in the previous month, the Central Statistical Office (KSH) said on...
Forint Recovers after Central Bank’s Intervention
The National Bank of Hungary decided to raise the upper band of its interest rate corridor on Tuesday which had a positive impact on Hungary’s currency. After hitting a record low of 400 against the...
