Hungary Tourism Spending Surplus Climbs to HUF 311BN in Q2
Hungary’s tourism spending surplus rose by an annual 73% to 311 billion forints in the second quarter, the Central Statistical Office (KSH) said.
Adam
Economy
Insurers Pay Out Close to HUF 7.5 BN on Storm Damage Claims
Hungarian insurers paid out almost 7.5 billion forints on claims for storm damages in May-August, the Hungarian Insurance Association (MABISZ) said on Friday.
August Inflation Up 15.6%
Consumer prices in Hungary rose by an annual 15.6% in August, up from a 13.7% increase in July, driven by higher food and consumer durable prices, the Central Statistical Office (KSH) said on Thursday.
Finance Minister Meets Kazakh Energy Asset Management Head, Praises Cooperation
Kazakhstan is one of Hungary’s most reliable partners in the current crisis in terms of energy supply, the finance minister said after meeting Almassadam Satkaliyev, the head of Kazakh state-owned energy asset management company Samruk-Kazyna.
Szijjártó Discusses Economic Cooperation With Peruvian Officials
Hungary and Peru have a good basis to further develop cooperation, which could help maintain the growth of Hungary’s economy in the present crisis, Péter Szijjártó, the minister of foreign affairs and trade, said in Lima.
Government to Launch Coal Programme
The government will launch a “coal programme” in the coming days, and raise the limit of open-cast mining from 50,000 tonnes to 280,000 tonnes, the prime minister’s chief of staff said. The government will have pre-emption rights on the lignite produced, he added, Gergely Gulyás said.
Energy-Saving Measures Introduced in Hungary
Hungary’s government has mandated public institutions and state-owned companies to cut their gas consumption by 25% as an energy-saving measure, the prime minister’s chief of staff has said.
Inflation has not been as high as in 2022 since the nineties in Hungary
In August, consumer prices were on average 15.6 percent higher than a year earlier, and increased by 1.8 percent in one month, the Central Statistical Office (KSH) reported on Thursday.
Industrial Output Up 4% in July – KSH
Hungarian industrial output rose by an annual unadjusted 4% in July, up from an increase of 1.5% in the previous month, the Central Statistical Office (KSH) said on Wednesday in a first reading of the data. Data adjusted for the number of working days showed an annual increase of 6.6% in July. Month on month, […]
Halms Hungary to Build EUR 40 M EV Parts Plant in Debrecen
Chinese-owned Halms Hungary will build a 40 million euro electric vehicle parts plant in Debrecen, in eastern Hungary, a government official said.