GDP growth figures from the second quarter of this year were down on the first quarter but showed that growth was still being supported in Central and Eastern Europe by domestic demand that has gone some way to offsetting an EU slowdown.
Economic growth in Q2 was higher than expected by most analysts, as recent industrial and retail sales data suggested slower growth between April and June.
Retail investors subscribed to HUF1.5 trillion (€4.6bn) of the new five-year so-called retail “super bond,” since the beginning of June, the government announced on August 6.
Hungarian government bond yields declined by around 100bp over a five-month period in July and are heading for historic lows, local media reported on August 6.
Major South Korean electronics and components firms are looking to Hungary as a manufacturing base to serve the growing European market for electric vehicles.
Hungarian leading energy drink maker boosts production to extend its lead in one of the fastest-growing segments of the country's FMCG market.