Hungarian economy

Europe News

Hungary's Orbán delivers combative annual speech emboldened by Trump

Ukraine will not become a member of the EU, inflation will be fought again with a price freeze, big family tax cuts are coming, and Pride should not be organised this year - these were among the issues raised in the PM's annual assessment speech.

23/02/2025

Economy

Hungary unexpectedly dips into recession for second time in two years

Hungarian gross domestic product (GDP) turned negative for the second quarter in a row.

30/10/2024

Economy

Industrial decline in Hungary accelerates as car production drops

The outlook for Hungarian industry remains pessimistic with last month's output improvement appearing to be an anomaly.

06/09/2024

Economy

Hungary cuts key interest rates and vows careful and patient approach

Hungary's interest rate cut comes after the European Central Bank (ECB) chose to leave interest rates unchanged last week at its July meeting.

23/07/2024

Economy

Inflation rate in Hungary edges up slightly to 3.7% in April

After 14 months of decline, the rate of inflation in Hungary rose again.

10/05/2024

Hungary

Euroviews. It’s time to take a step back from the brink of a divided world

We think that our vision of connectivity is essential for Europe’s ability to become strong again — and that cooler heads will soon have a chance to prevail. During our presidency, we intend to show how, Balázs Orbán writes.

08/05/2024

The Cube

Fact-check: What did Orbán claim in his European election speech?

Hungary's prime minister made a range of claims about the state of the country's economy and its position in the Ukraine war while launching his party's European manifesto. The Cube takes a closer at the speech.

03/05/2024

Economy

Hungarian inflation falls to two-year low as energy prices decline

Food inflation slowed down remarkably while energy became cheaper than last year.

09/02/2024

Hungary

Eagle eye: Hundreds of surveyors take part in wintering 'eagle census'

Experts from Hungary and neighbouring countries took part in creating the 'Map of Eagles' and also gave the Saker Falcon the title of Bird of the Year.

17/01/2024

Economy

Hungary’s central bank ends the year with another rate cut

Due to the sharp drop in inflation, Hungary's central bank is expected to go ahead in 2024 with further easing of its monetary policy.

19/12/2023

Economy

€21 for a hot dog? Prices are 'unreal' at this Christmas market

Hungarians might find themselves priced out of the holiday experience in the heart of their capital.

14/12/2023

Economy

Eurozone inflation falls further than expected to 2.9% in October

Inflation in the eurozone fell more sharply than expected to 2.9% in October, according to the EU's statistics office.

31/10/2023