Exports in Hungary
hungary - Exports (billions of Euros)Available data for Q2 points to another quarter of strong growth. This follows a remarkable economic performance in the first quarter on the back of buoyant domestic demand. Extremely tight labor market conditions and improved consumer sentiment seem to have buttressed household spending, as shown by surging retail sales in the first two months of the quarter. Construction activity also continued to climb in both April and May, supported by the rise in real estate prices, while growth in industrial production regained some steam after decelerating throughout Q1. Moreover, upbeat business confidence throughout Q2 suggests fixed investment remained quite strong. In the political arena, however, relations between Hungary and EU institutions continue to sour. In mid-July the European Commission decided to refer the country to the European Court of Justice after the government passed a law that threatens to criminalize some forms of support to undocumented migrants.
Hungary - Exports (EUR bn) Data
|Exports (EUR billion)||81.3||84.5||90.5||93.0||111|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||3.42||0.0 %||Aug 07|
|Exchange Rate||275.9||-0.68 %||Aug 07|
|Stock Market||37,088||0.04 %||Aug 07|
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
August 13, 2018
According to revised data released by the Hungarian Central Statistical Office (KSH) on 13 August, industrial output rose a working-day adjusted 3.1% year-on-year in June.
August 8, 2018
Consumer prices rose 0.3% month-on-month in July, matching June’s print.
August 7, 2018
According to preliminary data released by the Hungarian Central Statistical Office (KSH) on 7 August, industrial output rose a working-day adjusted 3.1% year-on-year in June, below the 3.8% increase recorded in May. In month-on-month seasonally- and working-day adjusted terms, industrial production contracted 1.2% in June, strongly contrasting the 1.8% rise recorded in May. Meanwhile, annual average growth in industrial production declined from 4.8% in May to 4.4% in June. A second estimate will be released on 13 August.
July 24, 2018
At its latest monetary policy meeting held on 24 July, the Monetary Council of the Hungarian National Bank (MNB) decided to leave the base rate unchanged at its current record low of 0.90%, while also holding steady all other monetary policy instruments.
July 12, 2018
According to revised data released by the Hungarian Central Statistical Office (KSH) on 12 July, industrial output rose a working-day adjusted 3.8% year-on-year in May.