Tag "KSH"
KSH: the gross average salary was 708,300 forints, 9.8 percent higher than a year earlier
In April 2025, the average gross salary of full-time employees was 708,300 forints, and the average net salary was 486,500 forints. The average gross salary was 9.8 percent, the average...
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Cherries are significantly more expensive this year
According to data from the Hungarian Central Statistical Office, the cherry harvest in Hungary has fluctuated between 8.6 and 12.0 thousand tons/year in the past ten years. Experts have indicated...
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OKSZ on inflation: We don’t do this!
Compared to April, food prices rose by 0.6 percent in May despite the margin freeze, the Central Statistical Office (KSH) reported. According to data from the National Trade Association, prices...
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KSH: in May, consumer prices exceeded the values of the same month of the previous year by an average of 4.4 percent
In May 2025, consumer prices were 4.4 percent higher than a year earlier. Compared to April, prices increased by 0.2 percent on average, the Central Statistical Office (KSH) reported on...
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The producer price of slaughter pigs has decreased compared to a year earlier
According to the Central Statistical Office (KSH), Hungary’s live pig exports decreased by 21.6 percent to 6.7 thousand tons in January-March 2025 compared to the quantity sold on the foreign...
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OKSZ commented on the latest data from the Central Statistical Office of Hungary (KSH)
Based on the turnover in food and food-type mixed retail units in April (3.7 percent), consumer confidence has still not returned to the level it was in the second half...
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KSH: in April, retail turnover exceeded the same period of the previous year by 5.0 percent and the previous month by 2.0 percent
In April 2025, the volume of retail trade turnover increased by 6.8 percent according to raw data, and by 5.0 percent adjusted for calendar effects (and Easter effects) compared to...
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Industrial production fell by 5.0 percent in April
In April 2025, the volume of industrial production fell by 5.0, or 2.3 percent, adjusted for working days, compared to a year earlier. Based on seasonally and working day-adjusted data,...
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KSH: Economic performance stagnated in the first quarter of 2025 compared to the first quarter of 2024
The volume of Hungary’s gross domestic product stagnated in the first quarter of 2025 according to raw data, and was 0.4 percent lower than the same period of the previous...
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Green pea foreign trade balance is positive
According to KSH data, the green pea harvest in Hungary in 2024 was 38 percent smaller (57 thousand tons) on a 25 percent smaller area than in 2023. According to...
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KSH: The services foreign trade surplus was 2.2 billion euros in the first quarter
In the first quarter of 2025, exports of services in euros decreased by 3.6 percent and imports by 2.6 percent compared to the same period of the previous year. The...
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KSH: the number of guests (1.4 million) in tourist accommodation establishments increased by 17 percent and the number of guest nights (3.4 million) by 16 percent compared to a year earlier in April
In April 2025, 1.4 million guests spent 3.4 million guest nights in tourist accommodation (commercial, private and other). The number of guests was 17 percent higher and the number of...
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Prices of most dairy products decreased in April
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was 203.26 forints/kilogram in April 2025. Despite a 0.07 percentage point decline in fat content...
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Márton Nagy: in the long term, we must return to investment-based economic growth
In the long term, we must return to investment-based economic growth; consumption-based growth is unsustainable – said the Minister of National Economy on Thursday at the Portfolio Lending 2025 conference...
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KSH: Investment performance fell by 12.1 percent in the first quarter of 2025
The volume of investments in the first quarter of 2025, according to raw data, fell by 12.1 percent compared to the same period of the previous year. Compared to the...
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Fewer sheep, more expensive lamb
According to data from the Central Statistical Office (KSH), Hungary’s sheep flock was 846.8 thousand on 1 December 2024, down 6.6% compared to December 2023. The number of ewes decreased...
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Compound fertilizer sales increased by 45 percent
Fertilizer distributors sold 518 thousand tons of fertilizer directly to farmers in the first quarter of 2025. Although the volume sold was 2.1 percent less than a year earlier, due...
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Stores are refraining from cross-pricing – but the government is still watching
Bence Gerlaki, State Secretary for Tax Affairs, Consumer Protection and Trade at the Ministry of National Economy, and Izabella Talián, Head of the Trade Policy Department, assessed the effects of...
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KSH: industrial production stagnated in March
In March 2025, the volume of industrial production remained at the same level as the same month of the previous year, while adjusted for working day effects, it fell by...
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Live pig imports fell by 42 percent
According to data from the Hungarian Central Statistical Office, Hungary’s live pig exports decreased by 3.3 percent to 5,600 tons in January-February 2025 compared to the volume sold on the...
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NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation fell to 4.2 percent, while food inflation fell to 5.4 percent. Compared to the previous month, food prices fell by...
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KSH: industrial production stagnated in March
In March 2025, the volume of industrial production remained at the same level as the same month of the previous year, while adjusted for working day effects, it fell by...
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NGM: the “150 new factories” program helps restore industrial production
According to data from the Central Statistical Office, the volume of industrial production in March 2025 remained at the level of the same month of the previous year, while adjusted...
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KSH: retail turnover exceeded the same period of the previous year by 0.4 percent, decreased by 0.5 percent compared to the previous month
In March, the volume of retail sales in Hungary decreased by 0.4 percent based on raw data, while calendar-adjusted (and Easter-adjusted) data show a 0.4 percent increase compared to the...
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Asparagus exports increased in 2024
According to Eurostat data, the asparagus cultivation area in Hungary has decreased in the past decade, and in 2024 it was around a thousand hectares. The harvested quantity of asparagus...
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KSH: food industry sales prices increased by 6.2 percent
In March 2025, industrial producer prices were 7.3 percent higher on average than a year earlier. Domestic sales prices were 4.7 percent higher and export sales prices were 8.6 percent...
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KSH: in March, the number of guests was 1.1 percent lower and guest nights were 5.9 percent lower than a year earlier
In March 2025, 1.1 million guests spent nearly 2.7 million guest nights in tourist accommodation (commercial, private and other). Due to Good Friday and Easter, which fall entirely in April...
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Stable labor market awaits the effects of tariffs
In March, the number of employed persons among the working-age population aged 15-74 was 4 million 701 thousand, which is more than 18 thousand people higher than the February level,...
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Spinach producer price increased
According to Eurostat data, 14.02 thousand tons of spinach were harvested from 560 hectares in Hungary in 2024, which exceeded the average for the years 2019–2023 by 32 percent. According...
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Surge in egg and horseradish prices before Easter
According to AKI PÁIR data, the price of table eggs (M+L) from cage farming in Hungary was HUF 64.53/piece in the first eight weeks of 2025, 20.8% higher than the...
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