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Rapid Improvement in the Economic Balance Indicates a Positive Outlook

The current economic account balance improved significantly in the second quarter. Between April and June, a surplus of EUR 690 million was generated.

Hungary
Hungarian
Gergely-suppan
Hungarian-national-bank
Magyar-bankholding
Hungarian-national

Forint jumps to a peak after major decision of central bank

Thanks to the national bank's major decision, the forint strengthened, reaching below 380 against the euro, a one-month high.

Hungary
Czech-republic
Czech
Hungarian
Gergely-suppan
Monetary-council

Agriculture Can Be the Savior of Economy

According to economic analysts, the end of the technical recession in Hungary can be attributed to the performance of agriculture.

Hungary
Hungarian
Gergely-suppan
Hungarian-central-statistical-office
Macronome-institute
Magyar-bankholding

Falling Government Deficit and Rising GDP for the Economy in 2024

The government expects most of the country's economic indicators to be favorable next year, and the cabinet has based the 2024 budget on this.

Hungary
Russia
Ukraine
Hungarian
Russian
Ukrainian
Gergely-suppan
Fiscal-council
European-commission
European-union
National-assembly
Central-bank

Inflation Continues to Slow, Single-digit Data on the Horizon

Although the rate of inflation continued to slow in June, it remained above 20%. According to analysts, disinflation will accelerate significantly during the summer, and inflation will be in the single-digits territory by the end of the year. Industry and retail sales are yet to rebound.

Gergely-suppan
Erste-bank
Central-statistical-office
Central-statistical

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