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Monthly Bulletin of Economic Trends - March 2021

Insitute for Economic and Enterprise Research

Japanese Nissin Foods Announces HUF 4.3 bn Expansion in Hungary

23 April, 2021

Hungarian Companies Supplying Hardware, Software for ESA Mission

23 April, 2021

Basic Food Items Sold For Drastic Prices in Hungary

23 April, 2021

Chamber Leaders Criticise Ongoing Absence of EU SME Envoy

23 April, 2021

Cargo Volume Reached a New Record in Budapest Airport!

22 April, 2021

Terraces Reopening in Hungary on Saturday, Curfew Extended to 11 PM

22 April, 2021

Used Car Prices Climb One-Third

22 April, 2021

Govt Gave 7m EUR for Increasing Healthcare Supply Production Capacity

22 April, 2021

Drastic Increase Expected in the Price of Hungarian Poultry

21 April, 2021

Domestic Job Market Strong in Q1 Despite Epidemic

21 April, 2021

Minister Szijjártó Negotiates Swiss Deals Aimed at Job Creation in Hungary

21 April, 2021

The Terraces May Open Soon, But Are They Ready for the Rush?

20 April, 2021

How Much Do Hungarians Earn? More Realistic Data Revealed by Central Statistical Office

20 April, 2021

These Are the Most Popular Hungarian Destinations this Summer

20 April, 2021

FinMin Official: Hungary Among Europe’s Safest Countries for Online Payments

19 April, 2021

More Than 1,000km of Hungarian Roads to Upgrade This Year

19 April, 2021

Hungarian Electronic Tax Invoice System “Singular in EU”?

19 April, 2021

HUF 100 Bln In Gov't Grants For Home Installation Of Solar Panels

16 April, 2021

Battle For IT Professionals: Thousands Are Missing From The Hungarian Labour Market

16 April, 2021

Consumer Confidence Improves in April - GKI

16 April, 2021

Gov't Expands Investment Support Program by HUF 30 bln

15 April, 2021

Industry Output Up 1.9% Yr/yr in February

15 April, 2021

Hungary to Allow Outdoor Dining After 3.5 Mln Are Inoculated

15 April, 2021

Construction Industry Turnover Could Climb 9-10% in 2021

14 April, 2021

Hungary’s External Balance Indicators Improve in 2020

14 April, 2021

Retail Sales Down Nearly 6% y.o.y. in February

14 April, 2021

Hungary: Budget Performance Triggers New Deficit Goal

13 April, 2021

Vast Majority of Hungarians Worried About Climate Change

13 April, 2021

Hungarian Diplomatic Academy Offers Unique Corporate Diplomacy Programme

13 April, 2021

Most Seasoned Travelers Plan Domestic Vacations This Year

13 April, 2021

EU-US: EUROCHAMBRES Strongly Welcomes EU Proposal For 6-month Additional Tariff Suspension in Airbus-Boeing Case

12 April, 2021

Hungary Could Achieve Herd Immunity By Summer, Expert Says

12 April, 2021

Hungary: Inflation Starts Its Steep Climb

12 April, 2021

Businesses Apply for Over HUF 20 Bln of Recovery Microloans

9 April, 2021

Hungary’s Sudden Reopening Brings Life Back Into Stores

9 April, 2021

The Number of Apartment Purchases Hits Decade Peak in Hungary

9 April, 2021

Hungary Could Vaccinate 7 Mln by Start of June

9 April, 2021

The Protected Population Is Restarting The Economy

8 April, 2021

FM: Hungary and Kazakhstan Striving to Improve Ties

8 April, 2021

Kopint-Tárki Raises GDP Forecast to 4.5% in 2021

8 April, 2021

Share of Telecommuters in Hungary Triples in 2020

8 April, 2021

The International Monetary Fund Raises GDP Growth Forecast for Hungary

7 April, 2021

A Third of Hungarian Restaurants to Go Bankrupt Due to the Pandemic

7 April, 2021

Vaccination Goal Reached, Hungary Begins Reopening

7 April, 2021

Courier Recruitment Up During Epidemic, Programmers Still Sought After

6 April, 2021

Ford Expands SSC Capacity in Hungary

6 April, 2021

Eurostat: Hungarians Are One of the Most Worst-Paid People in the EU

6 April, 2021

Geothermal District Heating Project Starting in Budapest

1 April, 2021

Much-Awaited Hungarian Wage Data Arrives

1 April, 2021

Hungary Puts 2021 Deficit at 7.5% of GDP

1 April, 2021

GKI Raises 2021 GDP Growth Forecast to 4.3%

31 March, 2021

Higher Education Enrollment Increased 11%

31 March, 2021

Hungary Jobless Rate Up to 4.5% in February

31 March, 2021

Hungarian Companies to Upgrade Strategic Sectors in Uzbekistan

31 March, 2021

Many Hungarians Move to Lake Balaton Due to the Coronavirus

30 March, 2021

Development Projects Continue at Budapest Airport

30 March, 2021

Government Extends Coronavirus Restrictions Until April 8

30 March, 2021

Hungarian FM Praises Policy of Eastern Opening in Uzbekistan

30 March, 2021

How New Tech is Being Used in Hungary

29 March, 2021

Women-Founded Startups Outperform Men, But Get Less Funding in CEE

29 March, 2021

Hungary Trade Volume Contracts in January

29 March, 2021

Conditions For a Phased Reopening in Hungary Have Been Codified

29 March, 2021

Majority of Hungarians Bring Their Own Shopping Bags

29 March, 2021

HCCI Proposed The Restart Of The Commercial And Service Sector As Soon As Possible

26 March, 2021

Hungary Aims to Triple Solar Capacity by 2030

26 March, 2021

Famous Hungarian Herend Porcelain Opens New Luxury Store in Abu Dhabi

26 March, 2021

EU Climate Policy Risks Sidelining Nuclear Power, Hungary and Other Six Countries Say

26 March, 2021

National Bank: CPI Growth Expected to Be Temporary

26 March, 2021

Hungary’s Central Bank Raises 2021 GDP Forecast to 4-6 pc

25 March, 2021

Companies Complete HUF 4.6 Bln of Gov't-Supported Investments

25 March, 2021

National Bank Keeps Base Rate on Hold

25 March, 2021

Businesses Must Do More To Reach CO2-Neutrality, BCSDH Says

25 March, 2021

PM Orbán: Economy Restart Cannot Begin until All Registered Over 65 Receives Jab

24 March, 2021

European Council 25-26 March: Businesses Also Need A Shot In The Arm!

24 March, 2021

OTP Named Best Bank In Hungary by Global Finance Magazine

24 March, 2021

Hungary: Current Account Temporarily Returns Into Surplus

24 March, 2021

Less And Less Hungarian Groceries On The Shelves Of Multinational Chain Stores

24 March, 2021

Budget Deficit Close to HUF 540 Bn at End-Feb, Ministry Confirms

23 March, 2021

The Chamber Recommends Release Of Shop Lockdown

23 March, 2021

GKI's Economic Sentiment Index Edges Up in March

23 March, 2021

Two Further Vaccines Licenced for Use in Hungary

23 March, 2021

National Consultation Shows Hungarians Want Restrictions Lifted Gradually

23 March, 2021

Survival Is The Current Goal, But What Is The Catering And Hotel Industry’s Future?

22 March, 2021

MediaMarkt Webshop Turnover Triples While Stores Are Closed

22 March, 2021

Beauty Industry Struggles, Wants Reopening

22 March, 2021

Hungary's Sziget Cancels Early Summer Music Festivals

22 March, 2021

Press Release

22 March, 2021

Career-Starter Job Vacancies Continue To Increase

19 March, 2021

Budapest Rises To 85th Place On Global Financial Centers Index

19 March, 2021

Gov't Extends Tighter Pandemic Restrictions For Another Week

19 March, 2021

Hungary Guest Nights Fall 90% in January

19 March, 2021

HuGo App Launched Gathering Hungary-Related Sites In The US

18 March, 2021

Hungary Aims For Closest Cooperation Possible With UK, Says Foreign Minister

18 March, 2021

No Panic Buying After Lockdown Measures Announced

18 March, 2021

Foreign Minister Praises Hungary's Ties With Serbia

18 March, 2021

Media Company Bloomberg Enters The Hungarian Market

18 March, 2021

MOL Starts Producing Biofuel At Main Refinery In Hungary

17 March, 2021

HIPA Aided HUF 1.47 Tln Of Investment In Hungary Last Year

17 March, 2021

One Of The Largest Fashion and Lifestyle Platforms in Europe Comes To Hungary

17 March, 2021

Hungarians Pay More With Bank Cards

17 March, 2021

Almost Half of Hungarians Have Firm Plans To Get COVID Jab

16 March, 2021

Hungary Is Committed To Supporting Georgia’s EU Integration

16 March, 2021

Policy Measures Drive Lending Growth in Hungary

16 March, 2021

Match Us And Publish Vaccine Contracts, Hungary Tells EU

16 March, 2021

Budapest Among Top 250 Attractive Startup Locations

12 March, 2021

EBRD Adopts New Country Strategy for Hungary

12 March, 2021

Budapest Airport Is Prepared for the Restart of Traffic

12 March, 2021

Hungary Becomes Member of Powering Past Coal Alliance

12 March, 2021

Surplus on External Trade in Goods at EUR 830 Mln in Jan

11 March, 2021

Four Clothing Chains Leave Hungary due to Coronavirus Crisis

11 March, 2021

Budapest Airport Introduces CEIV Pharma Logistics Standard

11 March, 2021

Hungarian Tourism Industry Loses HUF 1 Trillion in 2020

11 March, 2021

European Commission 2030 Digital Compass: EUROCHAMBRES Favours Comprehensive Approach

10 March, 2021

Trade Traffic With China Increased

10 March, 2021

Hungarian Inflation Jumps on Fuel Prices Too

10 March, 2021

Japanese Companies Plan Big Investments in Hungary

10 March, 2021

Budapest Living Standard Better than Berlin or Vienna, According to Eurostat Data

9 March, 2021

Eximbank Launches Subsidized Credit Scheme for SMEs

9 March, 2021

Hungary: Budget Posts a Record Deficit in February

9 March, 2021

Wasting Food? No More! – Hungarian App Helps Restaurants and Customers

9 March, 2021

Hungary Races Up EU Vaccine Leaderboard as Virus Deaths Soar

9 March, 2021

Economy Could Grow 4-4.5 % in 2021, Says Finance Minister

8 March, 2021

Industrial Production Down 2.8% y.o.y. in January

8 March, 2021

Hungary’s Exports and Imports Grew in December

8 March, 2021

Two Hungarian Films Win Silver Bear in Berlinale Competition

8 March, 2021

Women Network COVID-19 Survey Underlines Need for Policies That Support Women Entrepreneurship

8 March, 2021

Apartment Prices Up 10% in Some Districts

5 March, 2021

Hungarian Supply Chain Issues Drag Down Industry

5 March, 2021

Retail Sales Down 1.8% y.o.y. in January

5 March, 2021

Here Are The Tightened Restrictions In Hungary

5 March, 2021

Széchenyi Card Crisis Credit Schemes Extended Till Year-End

5 March, 2021

Hungarian Q4 Growth in GDP Revised Up to 1.4%

4 March, 2021

Hungary Could Announce Further Lockdown Measures on Thursday-website

4 March, 2021

Women Entrepreneurship: COVID-19 is Intensifying Challenges, While Having Transformative Effect

4 March, 2021

Hungary's PPI Rises 6.6% in a Year

3 March, 2021

Hungarian Banking Sector Lags Behind in Green Finance

3 March, 2021

FM: Hungarian Economy Can Count On The Automotive Industry

3 March, 2021

Investment Volume up 2.5% y.o.y. in Q4 2020

2 March, 2021

Hungary at the Forefront of the EU in Terms of Vaccination Rate

2 March, 2021

Hungary: Growth Data Shows a Torn Economy

2 March, 2021

Hungary Home Sales Rise 11% in February

2 March, 2021

HCCI Strongly Supports the Mitigation of the Economic Effects of the Epidemic

1 March, 2021

Despite Wage Subsidy Rollout, Hospitality Industry Struggles to Survive

1 March, 2021

Only 40% Of Young People Intend To Rely On State For Retirement

1 March, 2021

Hungary: Bad Signs In The Job Market

1 March, 2021

Survey: 75% Would Continue Part Time Home Office after Pandemic

25 February, 2021

Government Increases Budget for Supporting Green SME Initiatives

25 February, 2021

AmCham Sets out Policy Priorities to ‘Work With Government’

25 February, 2021

KSH: Wage Growth Up 10.6% in December

25 February, 2021

Eleven-Year Record: Hungary Adds 28,208 Housing Units in 2020

24 February, 2021

Hungarian Minister Hails Delivery of First Railway Carriages to Egypt

24 February, 2021

Transport Industry Perhaps Most Weakened By Pandemic

24 February, 2021

This Solar-Powered Pavement Harvests Energy From Under Your Feet

24 February, 2021

Hungary Central Bank Keeps Rates On Hold

24 February, 2021

Hungary, Israel to Partner on Autonomous Vehicle Research

23 February, 2021

Business Confidence Edges Lower

23 February, 2021

Hungary Continues To Draw Investments, Says Finance Minister

22 February, 2021

Gov’t Wants Food Industry to Become Internationally Competitive by 2027

22 February, 2021

MKIK Urges Broader Eligibility For Interest-Free Microloans

22 February, 2021

Average Square Meter Prices in Budapest Show Drastic Surge

19 February, 2021

South-Eastern Hungary Set To Become Aircraft Industry Hub

19 February, 2021

Interest In Home Renovation Subsidies Strong

19 February, 2021

EU Trade Strategy: EUROCHAMBRES Welcomes SME Focus, But Calls For Greater Emphasis On Diversification

18 February, 2021

Lockdown Temporarily Changes Habits In Savings Management

18 February, 2021

Hungary Public Debt Rises to 81 pc / GDP

18 February, 2021

Matolcsy Wants Innovation Parks At Top Universities

17 February, 2021

Hungarian Government To Launch Large-Scale Investment Support Scheme

17 February, 2021

Indonesian Investment Biggest Hungarian Tech Export So Far

17 February, 2021

Hungary: Double-Dip Avoided

17 February, 2021

Business Sentiment Improves, Chamber Survey Shows

16 February, 2021

Finance Minister Announces Recovery Plan Tenders

16 February, 2021

Construction Output Edges 0.3 pc Lower in Dec, Contracts 9.1 pc for Full Year

16 February, 2021

Finance Minister: Credit Rating Agencies Upbeat on Hungary Economy

15 February, 2021

Consumer Prices Up 2.7% y.o.y. in January

15 February, 2021

Foreign Minister Szijjártó: Hungary Submits Project Proposals for Three Seas Investment Fund

15 February, 2021

Hungarian Technology To Be Used For Treating Waste Water In Ghana

12 February, 2021

Government Signs Strategic Partnership with Siemens

12 February, 2021

EC Projects 4% GDP Growth in Hungary in 2021

12 February, 2021

National Bank: ‘Significant Uncertainty’ for Economic Outlook

11 February, 2021

Two Hungarian Companies Are Helping to Produce an Active Ingredient For the Treatment of Coronavirus

11 February, 2021

FM: Hungary’s Interest Lies in Close Ties With UK Following Brexit

11 February, 2021

HOA: Most Business Service Centers Are Planning a New Service in Hungary

11 February, 2021

PM Orbán at China-CEEC Summit: The Coronavirus Pandemic Marks the Beginning of a “New Era” in Global Economics and Politics

10 February, 2021

Budapest Prepares ‘Tourism Reopening Package’ to Help Hospitality Industry

10 February, 2021

Hungarian Producer Medicor Building Plant in Turkey

10 February, 2021

One-Fifth of Hungarians Plan Home Purchases in 2021

9 February, 2021

Hungarian Budget Starts the Year With a Surplus

9 February, 2021

Finance Minister Projects 4-5% Economic Growth in 2021

9 February, 2021

Surplus on External Trade in Goods at EUR 310 mln in Dec

9 February, 2021

HUF 10 M Interest-Free Loan to Help Most Vulnerable Businesses in Hungary

8 February, 2021

Government Supports BioTech Investment in Hungary

8 February, 2021

Industrial Production Up 5.8% in December

8 February, 2021

Foreign Minister: Govt Extends Aid to Export Companies

8 February, 2021

55% of Hungarian Companies at Pre-Crisis Capacity by October

5 February, 2021

Hungary to Invest Eur 5.6 Bn in Railway Upgrades Around Budapest in 20 Years

5 February, 2021

Hungary: Retail Sales Take a Hit in December

5 February, 2021

Orbán: Gov’t’s New Action Plan Targets Economy Reopening

4 February, 2021

Postal Cheque Payment App Usage Nearly Triples

4 February, 2021

Hungary’s First Floating House Park to Be Built Soon

4 February, 2021

Most SSCs in Hungary Plan Expansion

4 February, 2021

PPI Up 6.8% y.o.y. in December 2020

3 February, 2021

Tourism Sector Needs New Plans after ‘Tragic Year,’ says agency head

3 February, 2021

Sales of Mineral Water, Soft Drinks Fall 8.2%

3 February, 2021

Hungarian Pork Cleared for Export to Japan

2 February, 2021

Massive SK Innovation Investment Strengthens Hungary's Position in Electric Car Batteries

2 February, 2021

Financial Situation of Hungarian Businesses October 2020

2 February, 2021

Hungary Will Have a Seaport Again After 100 years

1 February, 2021

Hungarian Firm Awarded Contract to Build Indonesia Electronic Toll Network

1 February, 2021

Hungary Becomes the First Country in the EU to Approve a COVID-19 Vaccine from China

1 February 2021

Unemployment Rate Climbs to 4.3% in Dec 2020

29 January, 2021

Restrictions Remain in Force Until March 1

29 January, 2021

Corporate Due Diligence European Parliament Vote: Chambers Call for Simplicity and Proportionality

28 January, 2021

CMO: Inoculation of Healthcare Workers Nearly Complete

28 January, 2021

AmCham Hungary Releases New Policy Agenda for 2021-2025

28 January, 2021

Covid-19 Antibody Drug to Arrive in Hungary Today

27 January, 2021

Half of Hungarians Seek Greater Job Security Post-Pandemic

27 January, 2021

US Autmotive Companies to Invest EUR 33.5m in Hungary

27 January, 2021

Central Bank Keeps Base Rate on Hold at 0.60%

27 January, 2021

Industry out of Deep Water, but Investments Still Lag

27 January, 2021

Orbán Cabinet: Restaurants to Reopen Only Once Mass Vaccinations Under Way

26 January, 2021

Hungarian-Developed COVID-19 Drug Shows Promise After Tests

26 January, 2021

Avg Used Car Price in Hungary Climbs 25% in 2020

26 January, 2021

TELLING FIGURES

LEARN MORE

500 competitors

Euroskills Budapest 2018

500 000

Registered Companies

217

Mastership examinations in 2018

HUF 206 Billion

Lending to enterprises in 2018 (Széchenyi Card Scheme)