Hungary Leaves Base Rate Unchanged for 11th Month âšī¸
The National Bank of Hungary maintained its key interest rate at 6.50%, with Q2 GDP growing marginally at 0.1% and inflation slowing to 4.3%, remaining above the central bank's target.
Macroeconomic indicators suggest a cautious economic environment with slow growth and persistent inflationary pressures, indicating potential challenges for European market and regional financial assets.
Hungary Jobless Rate Steady at 4.3% in May-July âšī¸
Hungary's unemployment rate remained stable at 4.3% in May-July 2025, with a slight increase in unemployed individuals to 212.3 thousand and a decline in total employment to 4.681 million.
Macroeconomic data shows minimal volatility in labor market metrics, suggesting steady economic conditions without significant disruption to market expectations.
Hungary Gross Wages Rise 9.7% in June âšī¸
Hungary's gross average wages increased by 9.7% year-on-year in June 2025, with growth across private, public, and non-profit sectors, indicating robust wage expansion.
Wage growth signals moderate economic stability without dramatic market-moving implications. The consistent increase across sectors suggests steady economic performance, but lacks significant global market disruption potential.