Market services, farms aid GDP
GDP rose two percentage points year-on-year in Q3, a first reading of data by the Central Statistical Office (KSH) has shown. Market services and the farm sector contributed the most[…]
Home price rises halt
Home prices hardly changed nationwide from the first to the second quarter, rising 4pc in Budapest and dropping elsewhere except for a 0.3pc increase in cities in north Hungary, home[…]
Business not so happy
The business climate deteriorated slightly, a gauge of sentiment by the Hungarian Chamber of Commerce and Industry’s Economy and Business Research Institute has shown, as it fell to 48 points[…]
Anti-Erdogan protest held
About 50 Turkish and Kurdish students studying in Hungary gathered at Deak tér in downtown Budapest on Sunday to protest the Turkish government’s detention of journalists and opposition MPs. Sercan[…]
32 years slogging away
Hungarians work 32.6 years on average, data from Eurostat show. The country’s “duration of working life”, which measures the number of years a person aged 15 is expected to be[…]
Budapest home prices at pre-crisis level
Prices of resale homes in Budapest have now exceeded their level in 2008 by 25pc in nominal terms and about 2.6pc in real terms in Q1-Q2 2016, according to data[…]
Socialists back left-wing unity
The opposition Socialist Party favours the principle of preselecting candidates when it comes to election co-operation between left-wing forces, party leader Gyula Molnár has declared. Molnár said the co-operation should[…]
Brexit scraps sought
Hungary could increase its influence if international organisations relocating from the UK would find a home in Budapest, Minister for National Economy Mihály Varga believes. Several organisations have their headquarters[…]
Most reject booing of PM
Two-thirds of Hungarians have called it unacceptable that some opposition supporters booed and hissed during Prime Minister Viktor Orbán’s speech at the commemoration on October 23 of the 1956 anti-Soviet[…]
Infrastructure not good: survey
In a survey of 26 countries, Hungarians found their infrastructure the least satisfactory. Only 10 percent had a positive opinion of public services. In the fresh international survey involving 18,500[…]
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