Retail sales in Hungary grew by 6.9% in July from the same month a year earlier, accelerating from a 4.3% increase in June, data released by the Central Statistical Office (KSH) show.
Hungary’s trade surplus in June was revised down to 488 million euros in a second reading of data released by the Central Statistical Office (KSH). In the first reading, KSH had the June surplus at 556 million euros.
Home sales in Hungary came to 11,945 in August, down 16% from the same month a year earlier, real estate broker Duna House estimated. For the period January-August, home sales were down 3% year-on-year at 102,104.
Hungary’s public debt stood at 68.7% of GDP at the end of June, down from 70.0% of GDP at the end of March, the National Bank of Hungary said concerning preliminary data of Hungary’s financial accounts.
Industrial output in Hungary dropped by an annual 1.4% in June, according to unadjusted data, the Central Statistical Office (KSH) said in a second reading of data.
Hungary is expected to report a 10% growth rate in its tourism sector for the full year of 2019 which is above the EU average, the head of the Hungarian Tourism Agency said.
Hungarian pharmaceutical company Richter Gedeon announced on the 8th of August, that subsidiaries of its business partner Mitsubishi Tanabe Pharma Corporation have obtained regulatory approval for the use of Richterʼs antipsychotic cariprazine for the treatment of schizophrenia in Thailand and Singapore.
Formlabs, which makes professional 3D printers and produces basic materials for 3D printing alongside its related services, will open its new centre in Budapest with a focus on printer software development.
The investment of EUR 408 million will create 188 new jobs, mostly with high added value.
According to MTI, MOL Nyrt is about to rise diesel fuel prices on Friday, 19 July 2019. The price of petrol remains the same.