The inflation rate in Hungary was recorded at 2.40 percent in April of 2020. Inflation Rate in Hungary averaged 8.69 percent from 1992 until 2020, reaching an all time high of 31 percent in June of 1995 and a record low of -1.40 percent in January of 2015. In Hungary, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (21.3 percent of total weight). Transport accounts for 16.2 percent; Housing and Utilities for 13.2 percent; Alcoholic beverages and Tobacco for 8.3 percent; Recreation and Culture for 7.7 percent and Miscellaneous Goods and Services for 7.3 percent. Restaurants and Hotels; Health; Furniture, Household Goods and Maintenance; Communication; Clothing and Footwear and Education account for the remaining 26 percent of total weight. This page provides - Hungary Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Hungary decreased to 1343 points in April from 1350.70 points in March of 2020. Consumer Price Index CPI in Hungary averaged 830.98 points from 1992 until 2020, reaching an all time high of 1350.70 points in March of 2020 and a record low of 152.40 points in January of 1992. In Hungary, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Hungary Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Hungary increased to 459.30 points in April from 458.20 points in March of 2020. Core Consumer Prices in Hungary averaged 305.82 points from 1995 until 2020, reaching an all time high of 459.30 points in April of 2020 and a record low of 102.90 points in January of 1995. This page provides - Hungary Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Hungary decreased to 89.50 points in April of 2020 from 99.40 points in March of 2020. CPI Transportation in Hungary averaged 104.14 points from 1999 until 2020, reaching an all time high of 122 points in December of 1999 and a record low of 89.50 points in April of 2020. This page provides - Hungary Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary recorded a government budget surplus of 104.50 HUF Billion in April of 2020. Government Budget Value in Hungary averaged -74.77 HUF Billion from 1992 until 2020, reaching an all time high of 434.90 HUF Billion in December of 2010 and a record low of -907.60 HUF Billion in December of 2016. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides the latest reported value for - Hungary Government Budget Value - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in Hungary increased to 28985.30 EUR Million in April from 25773.20 EUR Million in March of 2020. Foreign Exchange Reserves in Hungary averaged 17358.94 EUR Million from 1990 until 2020, reaching an all time high of 38763.60 EUR Million in September of 2011 and a record low of 678.80 EUR Million in July of 1990. In Hungary, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Hungary Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Building Permits in Hungary increased to 865 in March from 769 in February of 2020. Building Permits in Hungary averaged 1184.39 from 2002 until 2020, reaching an all time high of 2876 in July of 2003 and a record low of 242 in January of 2013. This page provides - Hungary Building Permits- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Hungary stands at BBB with stable outlook. Moody's credit rating for Hungary was last set at Baa3 with stable outlook. Fitch's credit rating for Hungary was last reported at BBB with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Hungary thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Hungary as reported by major credit rating agencies.

Hungary recorded 3213 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Hungary reported 405 Coronavirus Deaths. This page includes a chart with historical data for Hungary Coronavirus Cases.

Hungary recorded 405 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Hungary reported 3213 Coronavirus Cases. This page includes a chart with historical data for Hungary Coronavirus Deaths.

Hungary recorded 904 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Hungary reported 405 Coronavirus Deaths. This page includes a chart with historical data for Hungary Coronavirus Recovered.

Labour Costs in Hungary increased to 128.60 points in the fourth quarter of 2019 from 123.10 points in the third quarter of 2019. Labour Costs in Hungary averaged 87.06 points from 1995 until 2019, reaching an all time high of 133.40 points in the first quarter of 2019 and a record low of 31.30 points in the first quarter of 1995. This page provides - Hungary Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Revenues in Hungary increased to 1202234 HUF Million in March from 976873 HUF Million in February of 2020. Government Revenues in Hungary averaged 645389.30 HUF Million from 1996 until 2020, reaching an all time high of 2197021 HUF Million in December of 2017 and a record low of 127614 HUF Million in March of 1996. Government Revenues refer to all receipts the government gets, including taxes, custom duties, revenue from state-owned enterprises, capital revenues and foreign aid. Government Revenues are part of government budget balance calculation. This page provides - Hungary Government Revenues- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gross Fixed Capital Formation in Hungary increased to 2135628 HUF Million in the fourth quarter of 2019 from 2129183 HUF Million in the third quarter of 2019. Gross Fixed Capital Formation in Hungary averaged 1255668.46 HUF Million from 1995 until 2019, reaching an all time high of 2135628 HUF Million in the fourth quarter of 2019 and a record low of 734541 HUF Million in the third quarter of 1995. This page provides - Hungary Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Foreign Direct Investment in Hungary increased by 2440.60 EUR Million in the fourth quarter of 2019. Foreign Direct Investment in Hungary averaged 756.65 EUR Million from 1995 until 2019, reaching an all time high of 4256.60 EUR Million in the fourth quarter of 2013 and a record low of -15036.60 EUR Million in the fourth quarter of 2015. This page provides - Hungary Foreign Direct Investment - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Long Term Unemployment Rate in Hungary decreased to 0.90 percent in the fourth quarter of 2019 from 1.10 percent in the third quarter of 2019. Long Term Unemployment Rate in Hungary averaged 3.30 percent from 1996 until 2019, reaching an all time high of 5.70 percent in the third quarter of 2010 and a record low of 0.90 percent in the fourth quarter of 2019. In Hungary, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market. This page provides - Hungary Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Gasoline Prices in Hungary decreased to 0.92 USD/Liter in April from 1.08 USD/Liter in March of 2020. Gasoline Prices in Hungary averaged 1.33 USD/Liter from 1995 until 2020, reaching an all time high of 1.90 USD/Liter in March of 2013 and a record low of 0.72 USD/Liter in December of 1998. This page provides the latest reported value for - Hungary Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Hungary recorded a Current Account deficit of 0.80 percent of the country's Gross Domestic Product in 2019. Current Account to GDP in Hungary averaged -2.93 percent from 1980 until 2019, reaching an all time high of 6.10 percent in 2016 and a record low of -10.80 percent in 1993. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Hungary Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Hungary increased 3.50 percent in March of 2020 over the same month in the previous year. Retail Sales YoY in Hungary averaged 0.04 percent from 1989 until 2020, reaching an all time high of 17.10 percent in December of 1998 and a record low of -43 percent in November of 1991. In Hungary, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago. This page provides - Hungary Retail Sales YoY - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Fiscal Expenditure in Hungary increased to 1665234 HUF Million in March from 1301415 HUF Million in February of 2020. Fiscal Expenditure in Hungary averaged 723171.73 HUF Million from 1996 until 2020, reaching an all time high of 2665025 HUF Million in December of 2016 and a record low of 149458 HUF Million in April of 1996. Fiscal expenditure refers to the sum of government expenses, including spending on goods and services, investment and transfer payments like social security and unemployment benefits. Fiscal expenditure are part of government budget balance calculation. This page provides - Hungary Fiscal Expenditure- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Hungary decreased 0.20 percent in March of 2020 over the previous month. Retail Sales MoM in Hungary averaged 0.28 percent from 2000 until 2020, reaching an all time high of 2.90 percent in May of 2002 and a record low of -6.80 percent in January of 2001. In Hungary, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Hungary, Retail sales are seasonal, volatile and relatively important to the overall economy. This page provides - Hungary Retail Sales MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Job Vacancies in Hungary decreased to 74824 in the fourth quarter of 2019 from 78315 in the third quarter of 2019. Job Vacancies in Hungary averaged 45025.52 from 2008 until 2019, reaching an all time high of 87665 in the third quarter of 2018 and a record low of 21130 in the third quarter of 2009. This page provides - Hungary Job Vacancies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Hungary decreased to 241.40 EUR Million in the fourth quarter of 2019 from 244.70 EUR Million in the third quarter of 2019. Remittances in Hungary averaged 191.09 EUR Million from 1995 until 2019, reaching an all time high of 385.40 EUR Million in the fourth quarter of 2007 and a record low of 57 EUR Million in the first quarter of 2008. In Hungary, Remittances refers to inflows of current and capital transfers in cash and kind, including migrants’ and short-term employee income transfers (personal remittances) and acquired rights in social benefits (total remittances). This page provides - Hungary Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Central Bank Balance Sheet in Hungary increased to 12815 HUF Billion in March from 11461.55 HUF Billion in February of 2020. Central Bank Balance Sheet in Hungary averaged 7977.49 HUF Billion from 1998 until 2020, reaching an all time high of 13674.13 HUF Billion in January of 2015 and a record low of 3687.66 HUF Billion in September of 2004. This page provides - Hungary Central Bank Balance Sheet - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The stocks of goods held by firms in Hungary increased by 229086 HUF Million in the fourth quarter of 2019. Changes in Inventories in Hungary averaged 55369.59 HUF Million from 1995 until 2019, reaching an all time high of 456415 HUF Million in the second quarter of 2004 and a record low of -443317 HUF Million in the fourth quarter of 2001. In Hungary, changes in inventories are often a leading indicator for the overall performance of the economy. This page provides - Hungary Changes in Inventories - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Hungary Three Month Interbank Rate was at 1.08 percent on Friday May 8. Interbank Rate in Hungary averaged 8.38 percent from 1995 until 2020, reaching an all time high of 32 percent in September of 1995 and a record low of 0.02 percent in January of 2018. In Hungary, the interbank rate is the rate of interest charged on short-term loans made between banks. This page provides - Hungary Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Hungary increased 8.90 percent in April of 2020 over the same month in the previous year. Food Inflation in Hungary averaged 4.93 percent from 1999 until 2020, reaching an all time high of 18.50 percent in June of 2001 and a record low of -2.70 percent in May of 2010. This page provides - Hungary Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Hungary was last recorded at 0.90 percent. Interest Rate in Hungary averaged 11.18 percent from 1987 until 2020, reaching an all time high of 28 percent in January of 1995 and a record low of 0.90 percent in May of 2016. In Hungary, interest rates decisions are taken by the Monetary Council of the Hungarian National Bank (Magyar Nemzeti Bank). The main interest rate is the central bank base rate on refinancing credit maturing over one year that the Central Bank lends to financial institutions. This page provides the latest reported value for - Hungary Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Dry varietal Furmint has caught on with local winemakers and oenophiles as sweet wines have fallen out of fashion

Great Britain set up a winner takes all encounter against old rivals Hungary in Nottingham on Sunday when they took another step on the road to the Beijing Winter Olympics by beating Estonia 7-1.

Great Britain's hopes of reaching the next Winter Olympics were dashed on Sunday when they were defeated 4-1 by their old rivals Hungary in a winner takes all clash.

TOM COLLOMOSSE IN CARDIFF: If Giggs guides his team to victory over Hungary in the winner-takes-all clash and secures a place at Euro 2020, it will be a significant achievement.

Hungarian security officials revealed how the terrorists gained entry to Europe and said some of them are understood to have taken part in the Brussels attacks in March, which claimed 32 lives.

After a career in top-level football spanning nearly three decades, Ryan Giggs will finally fulfil his dream of competing at a major tournament with Wales.

A pro-government broadcaster said Eurovision was 'a homosexual flotilla' and that Hungary's mental health would be better off if it was out of the singing competition.

Frenchies, as they are known, have rocketed in popularity thanks to celebs posing with them on Instagram - but the rise in demand has led to them being over-bred in countries like Hungary.

Wales manager Ryan Giggs says Gareth Bale and Aaron Ramsey are available to start the decisive Euro 2020 qualifier against Hungary in Cardiff on Tuesday.

Croatia remained firmly on course to reach Euro 2020 after two goals from striker Bruno Petkovic helped them to a 3-0 victory, while a Lewandowski hat-trick gave Poland a comfortable win at Latvia.

F1 COLUMN - JONATHAN MCEVOY: It was a superlative race in Hungary but there was one nagging concern: the lack of Nico Rosberg’s form and Lewis Hamilton's dominance

Ahead of kick-off, Sportsmail 's MARTIN KEOWN offers his assessment of three of the big games from this weekend's Euro 2016 fixtures including the hosts' final group game.

Giggs is expected to make changes to his Wales team for the crunch qualifier against Hungary, with Brooks in contention to start after coming off the bench in defeat to score against Croatia.

Ryan Giggs has brushed aside fears that his Wales players could be the target for racism during their Euro 2020 qualifier against Hungary.

LAURIE WHITWELL AT THE GROUPAMA ARENA: This ended up being a disastrous night for Wales in Budapest. A performance that contained encouragement finished in crushing defeat.

Ryan Giggs' Wales side now trail Group E leaders Hungary by six points after defeat in Budapest, albeit with a game in hand, and are three adrift of Slovakia and Croatia in the race for a top-two spot.

TOM COLLOMOSSE IN BAKU: Wales comfortably beat Azerbaijan in their penultimate Euro 2020 qualification match to set up an almighty showdown against Hungary in Cardiff.

TOM COLLOMOSSE IN CARDIFF: If Giggs guides his team to victory over Hungary in the winner-takes-all clash and secures a place at Euro 2020, it will be a significant achievement.

The winner in Cardiff on Tuesday will qualify for next summer's European Championship, while a draw will be enough for Hungary if Slovakia fail to beat rock bottom Azerbaijan at home.

After a career in top-level football spanning nearly three decades, Ryan Giggs will finally fulfil his dream of competing at a major tournament with Wales.

TOM COLLOMOSSE AT THE CARDIFF CITY STADIUM: After a career in top-level football spanning nearly three decades, Ryan Giggs enjoyed one of the best days of his life.

Embassy of India, Budapest
Buzavirag Utca 14,
1025 Budapest, Hungary.
[*Concurrently accredited as Amb to Bosnia & Herzegovina (Sarajevo)].

Telephone: 00-36-1-3257742 / 43
Fax: 00-36-1-3257745
E-Mail: chancery@indianembassy.hu (General), pstoamb@indianembassy.hu (Amb office), amb.budapest@mea.gov.in (Amb), hoc@indianembassy.hu (HOC)
Website: www.indianembassy.hu

Ambassador*
Gauri Shankar Gupta
First Secretary
Sushil Kumar Singhal