Trade in Hungary
New Hungarian e-commerce ranking revealed, Chinese Temu reshaped the market
Chinese e-commerce business TEMU filled around 9 million orders in Hungary in 2024, level with the order volume of the top ten online retailers: #temu #ecommerce #tradeinhungary
Hungary urges action to bridge East-West divide in global trade
Hungary is calling for stronger East-West cooperation and calmer global trade relations.
Hungarian FM Szijjártó: EU govts to discuss trade issues
According to the Hungarian Foreign Minister, it is Brussels, not the US tariffs imposed on the whole world, that has put the EU economy in a difficult situation:
Hungarian PMI rose above 50 in March
The PMI remained over the 50-point threshold that signals expansion in the manufacturing sector:
Latest economic data from Hungary: trade surplus and factory gate prices up
Data released by the Central Statistics Office (KSH) on Monday show that Hungary had a EUR 1.140 bn trade surplus in February. Also, factory gate prices in Hungary rose 8.2pc...
The latest figures are in: Hungary’s trade surplus and PMI
The seasonally adjusted Purchasing Managers’ Index (PMI) stood at 49.8 points in January, with Hungary posting a trade surplus of €387 million in December. Details below: Hungary PMI slips under...
Family-owned company inaugurates EUR 4.37m pastry plant in Hungary
Family-owned pastry and torte maker Kemenes Cukrászmanufaktúra inaugurated a EUR 4.37m (HUF 1.8bn) plant in Paty, on the capital’s outskirts, on Tuesday. The government supported the investment with HUF 618m,...
Hungary’s new car registrations soar 49% by year-end
4th best in the #EU: new battery electric car registrations in Hungary soared last year
The importance of efficient logistics for Hungary’s growing business community
In addition to Budapest, cities such as Győr and Debrecen are developing into important logistics centres:
Hungary’s Competition Office GVH levies more than EUR 9.72m of fines in 2024
Probes of online marketplace #Temu and software company #Microsoft were ongoing
Shrinking trade surplus highlights Hungary’s growing economic woes
Hungary had a EUR 1.039bn trade surplus in October, a second reading of data released by the Central Statistics Office (KSH) on Monday shows. Latest trade surplus data Exports fell...