Markets Actual Q1/23 Q2/23 Q3/23 Q4/23
Currency 368.21 370 381 392 404
Stock Market (points) 41343.62 41419 39825 38292 36818
Government Bond 10Y (%) 8.82 9.14 9.45 9.76 10.09

Overview Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -0.40 -0.1 0.2 0.5 0.5
GDP Annual Growth Rate (%) 0.40 -0.1 -0.9 -0.3 1
Unemployment Rate (%) 4.00 3.9 4.1 4.4 4.4
Inflation Rate (%) 25.40 22.5 14.8 10 7.5
Inflation Rate MoM (%) 0.80 0.2 0.1
Interest Rate (%) 13.00 13 13 11 9
Balance of Trade (EUR Million) -165.00 -1200 -775 -1015 -1525
Current Account (EUR Million) -4468.50 -1700 -1890 -2540 -2410
Business Confidence (points) -6.40 -6 -2 -7 -4
Consumer Confidence (points) -51.90 -50 -46.4 -42 -43
Retail Sales MoM (%) -0.60 0.5 1.2 -0.2 0.6
Current Account to GDP (% of GDP) -2.90 -3
Government Debt to GDP (% of GDP) 73.50 73
Government Budget (% of GDP) -6.10 -4.2

GDP Actual Q1/23 Q2/23 Q3/23 Q4/23
GDP Growth Rate (%) -0.40 -0.1 0.2 0.5 0.5
GDP Annual Growth Rate (%) 0.40 -0.1 -0.9 -0.3 1
GDP Constant Prices (HUF Million) 11579978.00 10006274 11048635 11229094 11695778
Gross Fixed Capital Formation (HUF Million) 2578371.00 2799719 2801349 2727965 2604155
GDP from Agriculture (HUF Million) 202311.00 309600 207466 189192 204334
GDP from Construction (HUF Million) 430807.00 438858 429713 420579 435115
GDP from Manufacturing (HUF Million) 2039781.00 1966968 2000165 2046343 2060179
GDP from Public Administration (HUF Million) 1299655.00 1272420 1271865 1289034 1312652
GDP from Services (HUF Million) 6387899.00 6307732 6397371 6362853 6451778
GDP from Transport (HUF Million) 630239.00 610660 626241 616440 636541
GDP (USD Billion) 181.85 185
GDP per Capita (USD) 15518.77 15798
GDP per Capita PPP (USD) 33593.15 34198
Full Year GDP Growth (%) 4.60 1.8

Labour Actual Q1/23 Q2/23 Q3/23 Q4/23
Unemployment Rate (%) 4.00 3.9 4.1 4.4 4.4
Youth Unemployment Rate (%) 11.10 11 11.2 11.5 11.5
Labour Costs (points) 156.76 190 165 160 167
Wages (HUF/Month) 563218.00 570501 549735 533279 601517
Wage Growth (%) 17.90 15.1 12.5 9.1 6.8
Population (Million) 9.69 9.65

Prices Actual Q1/23 Q2/23 Q3/23 Q4/23
Inflation Rate (%) 25.40 22.5 14.8 10 7.5
Inflation Rate MoM (%) 0.80 0.2 0.1
Consumer Price Index CPI (points) 1886.50 1861 1829 1900 1966
Harmonised Consumer Prices (points) 158.08 155 154 159 165
Core Consumer Prices (points) 574.00 566 549 562 592
Core Inflation Rate (%) 25.20 22 12 7 6
GDP Deflator (points) 161.13 169 169 170 173
Producer Prices Change (%) 35.00 28 20 15 9.8
Food Inflation (%) 45.80 41 34 20 8

Money Actual Q1/23 Q2/23 Q3/23 Q4/23
Interest Rate (%) 13.00 13 13 11 9
Interbank Rate (%) 16.31 16.31 16.31 14.31 12.31
Loans to Private Sector (HUF Billion) 12327.60 10337 10913 12000 12188
Deposit Interest Rate (%) 12.50 12.5 12.5 10.5 8.5
Private Debt to GDP (%) 153.50 155

Trade Actual Q1/23 Q2/23 Q3/23 Q4/23
Balance of Trade (EUR Million) -165.00 -1200 -775 -1015 -1525
Current Account (EUR Million) -4468.50 -1700 -1890 -2540 -2410
Current Account to GDP (% of GDP) -2.90 -3

Government Actual Q1/23 Q2/23 Q3/23 Q4/23
Government Budget Value (HUF Billion) -1381.50 -860 -250 -280 -1480
Government Spending (HUF Million) 1212635.00 1132421 1090993 1082241 1224761
Government Revenues (HUF Billion) 3653.90 2740 2500 2620 3020
Fiscal Expenditure (HUF Billion) 3750.26 3600 2750 2900 4500
Government Debt to GDP (% of GDP) 73.50 73
Government Budget (% of GDP) -6.10 -4.2

Business Actual Q1/23 Q2/23 Q3/23 Q4/23
Business Confidence (points) -6.40 -6 -2 -7 -4

Consumer Actual Q1/23 Q2/23 Q3/23 Q4/23
Consumer Confidence (points) -51.90 -50 -46.4 -42 -43
Retail Sales MoM (%) -0.60 0.5 1.2 -0.2 0.6
Consumer Spending (HUF Million) 6774711.00 6410300 6640608 6427194 6842458
Bank Lending Rate (%) 25.00 25 25 23 21
Gasoline Prices (USD/Liter) 1.71 1.98 2.05 2.13 2.2
Consumer Credit (HUF Billion) 1254.53 1135 1179 1261 1270

Housing Actual Q1/23 Q2/23 Q3/23 Q4/23
Construction Output (%) -3.60 4.5 6.2 5.7 4.1