• Hungary Adding Less Than 1% Share Of EU GDP

    Hungary Adding Less Than 1% Share Of EU GDP

    • 17 May 2018 6:56 AM

    In 2017, the combined gross domestic product (GDP) of the European Union amounted to some EUR 15.3 trillion at current prices. Over half of this was generated by three Member States: Germany, the United Kingdom, and France. Hungary, meanwhile, contributed 0.8%, show data from Eurostat, the EUʼs statistics office.

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  • New Govt Aims To Reduce Taxes Further

    New Govt Aims To Reduce Taxes Further

    • 16 May 2018 9:09 AM

    Hungary’s new government will aim to reduce taxes further for private individuals as well as businesses, Mihály Varga, the finance minister-elect, said at a hearing before a parliamentary committee.

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  • Hungary’s GDP Up 4.4%

    Hungary’s GDP Up 4.4%

    • 16 May 2018 9:07 AM

    Hungary’s first-quarter GDP climbed by an annual 4.4%, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for seasonal and calendar-year effects, GDP was up by 4.7%.

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  • Consumer Prices Up 2.3% In April

    Consumer Prices Up 2.3% In April

    • 10 May 2018 9:19 AM

    Inflation in Hungary, meaning consumer prices, grew by an annual 2.3% in April, accelerating from 2% in the previous month, the Central Statistical Office (KSH) said.

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