New Car Registrations Down 21% in July
New car registrations in Hungary dropped 21% from a year earlier to 12,045 in July, the Hungarian Association of Vehicle Importers (MGE) said.
Economy
Hungarian Households Subscribe More Than HuF 4,700 BN of Plus Bonds
Sales of the Hungarian Government Securities Plus bond for retail investors now exceed more than 4,700 billion forints (EUR 13.6bn), Finance Ministry state secretary András Tállai said in Saturday’s issue of daily Magyar Nemzet.
Government to Offer HuF 100 BN of 0 % Credit to Hard Hit Tourism Companies
Hungary’s government will offer microbusinesses and SMEs in the tourism sector 100 billion forints (EUR 290m) of 0% free-purpose credit from September, the head of the Hungarian Tourism Agency told MTI.
Hungary Gross Wages in May HuF 390,000
Gross wages came to 398,800 forints (EUR 1,150) in May, 9.4% higher than a year earlier, the Central Statistical Office (KSH) said.
Hungary Records Trade Surplus in May After Corona Dive
Hungary posted a trade surplus in May of 102 million euros after plunging 561 million euros into the red in the previous month, the Central Statistical Office (KSH) said.
Pandemic Impact Lifts Online Sales in Hungary 34% in Q2
Online sales in Hungary reached HUF 188bn in the second quarter, climbing 34pc from the same period a year earlier, data compiled by consultancy GKI Digital and internet marketplace Jofogas show.
KSH: Home Construction Up, New Building Permits Down in H1
The number of completed homes increased by 34.4% to 8,697 in the first half of 2020, compared to the same period last year while the number of new building permits dropped by 32.6% to 12,475 during the period, the Central Statistical Office (KSH) said.
Hungary’s 3-month jobless rate 4.6% at end-June
Hungary’s three-month rolling average jobless rate up to end-June was 4.6%, 0.5 of a percentage point higher than the previous three-month period and up 1.3 percentage points from twelve months earlier, the Central Statistical Office (KSH) said. The rate covers unemployment among those between the ages of 15 and 74. In absolute terms, there were […]
Pandemic passenger volume plunge puts Wizz Air in the red
Hungarian low-cost airline Wizz Air booked a 108 million euro loss in the first quarter of its business year started on April 1, an earnings report posted on the London Stock Exchange, where the company’s shares are listed, shows.
ECB announces organisational changes to strengthen banking supervision
ECB aims to strengthen cooperation between bank-specific and thematic supervisory teams New structure reinforces supervisory strategy and risk function, ensuring consistency of supervisory outcomes Reorganisation to foster transparency and predictability of supervisory actions The European Central Bank (ECB) announced today changes to the organisational structure of its supervisory arm to ensure continued effective and efficient […]