• Wages Up 12% This February

    Wages Up 12% This February

    • 21 Apr 2018 7:38 AM

    The average gross monthly wage in Hungary grew by an annual 11.9% to 306,507 forints (EUR 988) in February, the Central Statistical Office (KSH) said.

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  • Higher GDP Growth Forecast For Hungary

    Higher GDP Growth Forecast For Hungary

    • 19 Apr 2018 11:31 AM

    The International Monetary Fund (IMF) raised its projection for Hungary’s GDP growth this year to 3.8% in its fresh World Economic Outlook published on Tuesday.

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  • National Bank of Hungary Sets High 'Must-Achieve'  Targets

    National Bank of Hungary Sets High 'Must-Achieve' Targets

    • 19 Apr 2018 8:48 AM

    An increase in incomes, expanding investments and lending growth are all necessary for Hungary to achieve sustainable convergence by 2030, National Bank of Hungary deputy governor Márton Nagy said at a conference organised by business news site Portfolio.hu.

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  • Hungary Budget Deficit 2 % GDP In 2017

    Hungary Budget Deficit 2 % GDP In 2017

    • 5 Apr 2018 7:01 AM

    Hungary’s budget posted a deficit of 746.3 billion forints in 2017, equivalent to 2 percent of GDP, the Central Statistical Office (KSH) said on Wednesday.

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  • Hungary’s State Debt, Including Eximbank, Reaches 73.6pc Of GDP At End-2017

    Hungary’s State Debt, Including Eximbank, Reaches 73.6pc Of GDP At End-2017

    • 3 Apr 2018 1:46 PM

    Hungary’s gross consolidated state debt, calculated according to Maastricht rules and including the liabilities of state-owned Magyar Eximbank, stood at 73.6 percent of GDP at the end of 2017, down from 76 percent at the end of 2016, preliminary data released by the National Bank of Hungary (NBH) on Tuesday show.

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