Hungary’s industrial sector increased by an annual 22.0% in June, albeit from a low base, the Central Statistical Office (KSH) said in a first reading of data on Friday. All branches of manufacturing contributed to the increase, KSH said.
Hungary’s trade volume continued to grow in the double digits in June, with exports up by 21.9% and imports by 23.7% from the same period a year earlier, the Central Statistical Office (KSH) said on Friday.
In a 360-degree survey, the National Bank showed where Hungary’s gold reserves are kept. Viktor Orbán personally visited these treasures a month ago.
According to the available information, fuel prices are expected to drop on Friday (6th August).
The Hungarian industry partners of the V4 Smart Platform, OTP Bank, oil and gas company MOL, i-Cell MobilSoft, state-owned Nemzeti Mobilfizetési, which runs Hungary’s national mobile payment system, and SAP Hungary signed a Memorandum of Understanding to continue developing cross-border digital services, Nemzeti Mobilfizetési said on Wednesday.
Retail sales in Hungary grew by an annual 6.2% in June, increasing for the third month in a row after eight months of declines, the Central Statistical Office (KSH) said on Wednesday.
Hungarians did their shopping more frequently during the third wave of the pandemic than during the first, but still made fewer trips to the store than before the coronavirus crisis, a survey by food safety authority Nébih shows.
Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) rose to 55.6 points in July from 55.0 in June, advancing further past the 50-point threshold that signals expansion in the manufacturing sector.
The number of job-seekers in Hungary has fallen to 259,000, almost 120,000 lower than last summer’s nadir, according to an innovation and technology ministry official. The number is the lowest since January 2020, state secretary Sándor Bodó said.
Commenting on the delay to the approval of Hungary’s 2,500 billion forint (EUR 7bn) recovery plan, Finance Minister Mihály Varga said the hurdles were political.
