A 49 billion forint surplus (EUR 120m) for May brought Hungary’s cash flow-based general government deficit to 2,548.5 billion forints at the end of the month, the finance ministry said in a preliminary release of data. More >>
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Record Net Profit in Q1 Reported by Banks in Hungary
- 6 Jun 2024 11:14 AM
The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
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Central Bank in Hungary Cuts Base Rate Again
- 22 May 2024 11:52 AM
Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.25% at a regular policy meeting.
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New Coins Now Circulating in Hungary, Including a Silver One Worth HUF 50,000
- 17 May 2024 8:53 AM
A new Ft 100 coin will be released on May 16, in honour of the MNB’s centenary. The obverse depicts the MNB logo and a decorative motif inspired by a 1924 share certificate, with inscriptions commemorating 100 years of a stable monetary system.
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April Inflation Up in Hungary
- 13 May 2024 6:06 AM
Hungary’s consumer price index in April was 3.7% higher than the same month a year earlier, the Central Statistical Office (KSH) said.
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First Release: Hungary’s Cash-Flow Budget Deficit Reaches Euro 6.6 Billion
- 10 May 2024 8:17 AM
Hungary’s cash-flow budget deficit was 2,597.5 billion forints (EUR 6.6bn) at the end of April, the finance ministry said on Thursday in a first release of data.
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Official: Forecast for GDP Growth in Hungary of 2.5% in 2024, 4.1% in 2025
- 2 May 2024 6:59 AM
Hungary’s government projects an economic growth rate of 2.5% for this year and 4.1% in 2025, a state secretary of the finance ministry said.
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