News in Brief
Industrial output in Hungary grew by an annual 39.1 percent in May
KSH figures show that output grew by 40.2 percent, according to working day-adjusted data.
Industrial output
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News in Brief
Hungary’s exports and industrial output were up in September
According to data released by the Central Statistics Office (KSH) on Friday, Hungary’s exports and industrial output were up in September.
News in Brief
Hungary's economy is booming as IMF forecasts GDP growth, construction output is up and industrial sector expands
The International Monetary Fund has forecast Hungary’s GDP growth by 2.8% in 2019, the construction sector output rose by 23.8% in September year-on-year and the industrial sector output grew by...
Prime Minister
Prime Minister Viktor Orbán’s speech at the inauguration of the new Samsung factory
29 May 2017, Göd
News in Brief
Hungary's automotive industry reached record highs in 2016
Hungary's foreign minister said Audi will spend the equivalent of 10 billion HUF on training 1,000 new workers who will be assigned to the production of electric powertrains. They will also invest the equivalent of 100 billion HUF in a new chassis production hall
News in Brief
Hungary's economy surprises analysts after reaching 4.1 percent growth in first quarter of 2017
Mihaly Varga, minister for National Economy, said that the first-quarter figure was “exceptionally good”. He added that the government expected the economy to expand by above 4 percent this year. No analyst or bank had projected such a strong rate of growth
News in Brief
Hungary's automotive sector down by 2.5 percent
Despite this drop, Hungary’s overall industrial output was up by an annual 0.6 percent in November after a 2.1 percent decrease in October
News in Brief
Hungary's GDP growth to top four percent in 2017, forecasts say
According to the ministry for National Economy, the latest estimates predict GDP growth of 4.1 percent in 2017 and 4.3 percent for 2018
News in Brief
Hungary's industry output among the highest in Europe
People working in industry in Hungary accounted for 19.8 percent of the total number of employed
News in Brief
Hungary's industrial output on the up
Hungary's industrial output has risen by an annual 11.1 percent and is predicted to rise even further over the coming months
News in Brief
Industrial output up by 6.3 percent year-on-year in February
Following a temporary slow-down in January, output in the industrial sector rose by 6.3 percent year-on-year, and thus the sector posted output growth of 3 percent in the first two months of this year. Among major industrial sectors, the largest sub-sector – manufacturing – posted output growth of 7.5 percent in February, compared to the corresponding period of the previous year.