Finance ministry forecasts HUF 99.8 billion budget deficit for August
The finance ministry expects a consolidated budget deficit of HUF 99.8 billion in August, with a further deficit of HUF 52.7 billion foreseen for September, state secretary Tamas Katona announced.
Conference tourism flourishes in H1
Hungary's conference tourism recorded a successful first half of 2005, with 181 conferences and 16 trade fairs organized in the period, up 15% compared to the same period last year, according to figures released by Magyar Turizmus Rt (MT).
July budget surplus confirmed at HUF 51.7 billion
The consolidated state budget recorded a surplus of HUF 51.7 billion in July, the finance ministry confirmed on Wednesday, publishing figures identical to the preliminary data.
Construction output jumps 25% in June, 14% in H1
Construction output in Hungary was up 24.8% year on year in June 2005 according to both unadjusted and working day adjusted figures released by the Central Statistical Office (KSH).
Retail sales growth 5.7% year-on-year in June, 4.8% in H1
Retail sales in Hungary continued to grow at a steady rate in June, rising 5.7% when compared to the same month last year. This is according to adjusted data released by the Central Statistical Office (KSH).
