Takarékbank Raises Hungary’s 2019 GDP Forecast To 4.2%
- 18 Jan 2019 7:09 AM
Takarékbank forecasts Hungary’s economy growing by 4.2% this year, fuelled by rising consumption linked to strong wage growth.
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Hungary Consumer Price Index Falls To 2.7%
- 16 Jan 2019 8:55 AM
Consumer prices in Hungary rose by 2.7% year-on-year in December, continuing to slow after an acceleration that lasted for much of the year.
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Hungarians’ Spending On Recreation, Culture Relatively Low
- 14 Jan 2019 11:06 AM
Spending on recreation and culture accounts for about 7.2% of the total expenditure of Hungarian households, a relatively low level compared to other countries in the region, data compiled by EU statistical body Eurostat shows.
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World Bank Projects Faster-Growing Hungarian Economy
- 10 Jan 2019 8:31 AM
Responding to the World Bank’s latest report forecasting the rate of Hungarian economic growth in 2018 at 4.6%, 0.5 of a percentage point higher than its June projection, the finance ministry said all major international organisations had upgraded their growth estimates for Hungary.
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Hungary Posts 496 Million Euro Trade Surplus In Nov
- 10 Jan 2019 8:11 AM
Hungary posted a 496 million euro trade surplus in November, down by 186 million from the same month a year earlier, the Central Statistical Office (KSH) said in a first reading of data.
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Finance Minister: Online Invoicing System Contributes To Whitening Hungarian Economy
- 9 Jan 2019 6:47 AM
Hungary’s comprehensive online invoicing system has been operating seamlessly since its introduction in July 2018 and has contributed to a 403 billion forint jump (EUR 1.3bn) in VAT revenue year on year, Finance Minister Mihály Varga said.
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