Brexit has deprived Hungary of one of its allies in the European Union but Hungarian-British economic ties could strengthen even after the UK has left the union, an official of the ministry of foreign affairs and trade said at an event announcing an investment by international payroll company iiPay in Budapest.
The innovation and technology ministry is launching a programme to boost employment in areas of the country where the unemployment rate is higher than the national average, the state secretary for employment policy said.
Industrial producer prices rose by 2.4% in December from the same month a year earlier, the Central Statistical Office (KSH) said.
Hungary’s seasonally adjusted Purchasing Managers Index (PMI) fell to 52.5 points in January from 53.9 in December, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said.
Home sales in Hungary came to 9,917 in January, down 7.7% from the same month a year earlier, real estate broker Duna House estimates.
The average gross wage for full-time workers in Hungary rose by an annual 13.9% to a monthly 403,500 forints (EUR 1,197) in November, the Central Statistical Office (KSH) said.
Hungary’s trade surplus in November 2019 was revised down to 484 million euros in a second reading of data released by the Central Statistical Office (KSH).
Local and central government officials laid the cornerstone of a 24 billion forint (EUR 71m) multipurpose sports hall in Tatabánya, in north-western Hungary, that will be a backup venue for the 2022 European Men’s Handball Championship, which Hungary is hosting together with Slovakia.
Budapest, a destination of choice for many Chinese tourists starting a tour of Europe, is starting to feel the impact of the coronavirus outbreak in China, business daily Világgazdaság said.
Hungary’s three-month rolling average jobless rate fell to 3.3% in December, down 0.2 percentage point from the previous month and 0.3 percentage point lower than twelve months earlier, the Central Statistical Office (KSH) said.
