Hungary aspires to leading role in drone development
Hungary aspires to a leading role in drone technology, László Palkovics, the minister of innovation and technology, said at a conference.
Adam
Economy
Hungary CPI up 2.9% in October
Hungary’s consumer price index increased by an annual 2.9% in October, while prices were 0.6% higher compared with September, the Central Statistical Office (KSH) said.
Industrial output jumps 11.1% in September
Output of Hungary’s industrial sector grew by an annual 11.1% in September, the Central Statistical Office (KSH) said in a first reading of data.
Budget deficit 57.6% in October
Hungary’s cash flow-based budget deficit, excluding local councils, amounted to 575.4 billion forints (1.7bn) at the end of October, reaching 57.6% of the 998.4 billion full-year target, the finance ministry said in a preliminary release.
Retail sales grow by 6.3% in September
Retail sales in Hungary grew by an annual 6.3% in September, accelerating from a 5.3% rate of increase in August, the Central Statistical Office (KSH) said.
Number of new home building permits up to 2.7% in Q1-Q3
The number of home building permits issued in Hungary rose by 2.7% to 27,388 in the first three quarters of 2019, data released by the Central Statistical Office (KSH) show.
Most guest workers are from Ukraine
Most guest workers in Hungary are from Ukraine, with almost 44,000 in possession of a work permit at the end of September, according to Világgazdaság business daily.
Home loan outlays edge down in September
Hungarian banks signed contracts for 76.29 billion forints of new home loans in September, 3% less than in the same month a year earlier but 11% more than in August, data released by the National Bank of Hungary shows.
MOL purchases 9.57% stake in Azeri oil field
Hungarian oil and gas company MOL said it has signed an agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated Exploration and Production and mid-stream interests in Azerbaijan.
Nuclear waste handling plan developed in Szeged
A plan for how to handle nuclear waste is being developed in Szeged, the minister of innovation and technology noted at the signing of a related agreement in the southern Hungarian city.