Tag "KSH"
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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,...
Read more
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...
Read more
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...
Read more
The producer price of slaughter pigs decreased
According to the Central Statistical Office (KSH), Hungary’s live pig exports decreased by 5.9 percent to 2,900 tons in January 2025 compared to the volume sold on the foreign market...
Read more
The gap is getting wider: the purchasing value of pensions is deteriorating dramatically
The purchasing power of pensions compared to salaries will suffer another significant decline in 2025, according to new data from the Central Statistical Office (KSH). The average pension currently accounts...
Read more
KSH: industrial production fell by 8.7 percent in February
In February 2025, the volume of industrial production fell by 8.7 percent, or 8.0 percent adjusted for working days, compared to a year earlier. Production fell in all manufacturing sectors,...
Read more
NGM: margin reduction has a significant impact: inflation fell to 4.7 percent in March
The government could no longer tolerate unreasonably high price increases, so in order to protect families and pensioners, it introduced a margin reduction, thanks to which the prices of about...
Read more
Mushroom exports have strengthened
According to data from the Hungarian Central Statistical Office, Hungary’s foreign trade balance for champignons has been positive in recent years. The foreign trade surplus for champignons increased to HUF...
Read more
KSH: in February, retail turnover exceeded the same period of the previous year by 3.3 percent, decreasing by 0.6 percent compared to the previous month
In February, the volume of retail trade turnover decreased by 0.2 percent according to raw data, and exceeded the same period of the previous year by 3.3 percent, adjusted for...
Read more
NGM: domestic economic processes are developing favorably, industrial performance is held back by weak external demand
Domestic economic processes are developing favorably, the performance of industry is being held back by weak external demand – this is how the Ministry of National Economy (NGM) commented on...
Read more
Rising prices of services are driving inflation – not food
Although food prices continue to be the focus of public discourse and government measures, according to the latest statistics, it is not food prices but service prices that currently pose...
Read more
Eggs are also becoming more expensive in the EU
According to data from the European Commission, the EU (EU27)’s egg and egg product imports increased by 35 percent to almost 122 thousand tons in 2024 compared to 2023, while...
Read more
Prices of both light and heavy lambs have also increased
According to the short-term forecast of the Food and Agriculture Organization of the United Nations (FAO), global sheepmeat production was 17 million tonnes in 2024, unchanged from the previous year....
Read more
Food industry sales prices rose by 6.1 percent
In February 2025, industrial producer prices exceeded those of the previous year by an average of 8.2 percent. Domestic sales prices exceeded the values of February of the previous year...
Read more
KSH: the foreign trade surplus in goods was 1.1 billion euros in February
The foreign trade surplus in goods was 1.1 billion euros in February; the adjusted volume of exports was 0.9 percent, while imports were 0.1 percent lower than in January, the...
Read more
Hungarian tourism continues to be on a strong path
In February 2025, tourism once again showed strong growth: domestic accommodation establishments registered more than 1 million guests and 2.3 million guest nights – an increase of 14 and 3.9...
Read more
Based on employment data, Hungary is among the leaders in Europe
According to the data of the Central Statistical Office, in February 2025, nearly 4.7 million people worked in our country. The number of employed people remains outstanding, while the unemployment...
Read more
Yettel and Wolt launch joint convenience service
Yettel is making its products and services available through a new channel. As the first domestic mobile operator, you can now order prepaid mobile phones, prepaid SIM cards and numerous...
Read more
Average gross earnings can be misleading: there are significant earnings inequalities in Hungary
The Central Statistical Office (KSH) regularly publishes the gross average earnings, but this data often does not reflect the real income situation, as it masks inequalities. The earnings data broken...
Read more
Artificial intelligence and statistical data assets: KSH and NAVÜ held a strategic meeting
The guest of the Central Statistical Office (KSH) was Dr. László Palkovics, the government commissioner responsible for artificial intelligence, who was received by Dr. Áron Kincses, the President of the...
Read more