• Hungarian Economy Ministry Maintains Growth Projection For Years Ahead

    Hungarian Economy Ministry Maintains Growth Projection For Years Ahead

    • 4 Jan 2018 7:57 AM

    The economy ministry said it maintained last year’s projection of 4.1 percent GDP growth in 2017 and a 4.3 percent increase in 2018, in a statement on its macroeconomic and budgetary forecast for 2017-2021. The growth rate is seen slowing to 3.8 percent in 2019 and reaching 3.6 percent in 2021, according to the forecast.

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  • Hungary Public Debt Declines To 72.4 % At End Of The Third Quarter

    Hungary Public Debt Declines To 72.4 % At End Of The Third Quarter

    • 3 Jan 2018 11:00 AM

    Hungary’s public debt, calculated according to Maastricht rules, stood at 72.4 percent of GDP at the end of the third quarter, down from 73.6 percent at the end of the second quarter, the National Bank of Hungary said in an updated report on financial accounts data released.

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  • Hungary’s 2017 Inflation Lowered

    Hungary’s 2017 Inflation Lowered

    • 21 Dec 2017 7:40 AM

    The National Bank of Hungary (NBH) lowered its annual average inflation projection for this year to 2.3 percent from 2.4 percent in a quarterly forecast released on Tuesday.

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  • Production Of World-Class Buses To Start In East Hungary

    Production Of World-Class Buses To Start In East Hungary

    • 18 Dec 2017 7:56 AM

    Motor vehicle manufacturing is a sector of priority which has expanded dynamically in recent years and contributed significantly to the country’s overall economic, export and job growth, Minister for National Economy Mihály Varga said at the presentation of a new bus prototype by ITK Holding Zrt and EvoBus in Debrecen.

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