Adam

Hungary’s automotive future in focus: Key trends and challenges discussed at the Automotive Summit 2025

Hundreds of automotive professionals, key decision-makers, and suppliers gathered on May 21 at the impressive auditorium of the MOL Campus for the Automotive Summit 2025. The event, organized by Indamedia, covered a wide range of critical topics, including future sustainable fuel options, more flexible financing models, maintaining the competitiveness of European manufacturers, and the rise […]

Rents increased by 0.9 percent nationwide in Hungary in April

Both the national and Budapest rental markets showed a mild increase in April, with rents rising by 0.9% nationwide and 1.3% in the capital compared to the previous month. Year-on-year, rents were 7.6% higher nationally and 8.6% higher in Budapest, according to the latest rental index from the Hungarian Central Statistical Office (KSH) and Ingatlan.com.

Due to the huge investments, real estate prices have increased significantly in Debrecen as well

According to data from real estate portal zenga.hu, homebuyers are most active not only in Budapest and Pest County but also in counties that have seen large-scale investments. Nationwide, one in four Budapest buyers searching for holiday homes now prefers towns along the Danube.

In February, the gross average salary in Hungary was HUF 661,400

In February, the gross average salary of full-time employees in Hungary was HUF 661,400 (approx. 1622,02 EUR), while the net average salary calculated with tax benefits taken into account was HUF 455,000. The gross average salary increased by 9.3%, the net average salary by 9.1%, and the real wage by 3.5% compared to the same […]

In January, the gross average earnings were 668,100 HUF, 10.4% higher than a year earlier in Hungary

In January 2025, the gross average earnings of full-time employees amounted to 668,100 HUF, while the net average earnings, taking into account tax benefits, reached 459,000 HUF. Gross average earnings increased by 10.4%, net average earnings by 10.2%, and real earnings by 4.6% compared to the same period of the previous year, the Central Statistical […]