Hungarians are taking out more and more loans
Hungarians are taking out increasingly larger loans: in 2025, the average mortgage amount per contract exceeded HUF 22 million.
Adam
Economy
More buyers negotiate below asking price in early 2026 as bidding pressure eases
According to transaction data from Duna House, around eight out of ten buyers – 78% of clients – managed to purchase property below the asking price in January 2026. This marks an increase compared to 74% at the beginning of 2025. At the same time, the proportion of bidding buyers slightly declined: after 6.2% last […]
The government extends the reduction of retail margins until the end of May to curb inflation in Hungary
The reduction of retail margins has significantly contributed to lowering inflation and keeping prices under control. The government will continue its fight against price increases and will therefore extend the retail margin reduction measure until the end of May, the Ministry for National Economy (NGM) announced in its commentary on the latest price statistics.
According to data from the Central Statistical Office, inflation was 2.1% in January 2026
In January 2026, consumer prices were on average 2.1 percent higher than a year earlier. Compared to the previous month, consumer prices increased by an average of 0.3 percent, the Hungarian Central Statistical Office (KSH) reported on Thursday.
Housing market – Square meter prices in Debrecen have exceeded the psychological threshold
The growth in housing prices gained new momentum in January: nationally, prices increased by 1.7 percent, while in Budapest they rose by 2.9 percent compared to the previous month, according to a statement released Tuesday by ingatlan.com.
November 2025 average wages rise in Hungary
In November 2025, the gross average wage of full-time employees was HUF 756,400, while the net average wage was HUF 525,900. Gross wages increased by 8.9%, net wages by 10.2%, and real wages by 6.2% compared to the same month the previous year, the Hungarian Central Statistical Office (KSH) reported on Friday.
Interest in newly built apartments surged in January
Interest in newly built apartments reached a multi-year high at the beginning of 2026, while demand for used apartments fell significantly compared to the same period last year, real estate portal ingatlan.com told MTI on Wednesday.
Hungary’s inflation at 3.3% in December 2025, annual average reaches 4.4% – KSH reports
In December 2025, consumer prices were on average 3.3 percent higher than a year earlier and 0.1 percent higher than in the previous month. In 2025 as a whole, prices increased by an average of 4.4 percent compared with the previous year, the Hungarian Central Statistical Office (KSH) reported on Tuesday.
Bulgaria adopts the euroÂ
Bulgaria officially joined the euro area, becoming the 21st EU Member State to use the single European currency. Euro banknotes and coins have begun circulating, with the official conversion rate set at 1.95583 Bulgarian lev per 1 euro.
In October, the gross average wage was HUF 692,700 in Hungary
In October 2025, the gross average earnings of full-time employees amounted to HUF 692,700, while net average earnings were HUF 482,400. Gross average earnings exceeded the level of a year earlier by 8.7 percent, net average earnings by 10.0 percent, and real earnings by 5.5 percent, the Hungarian Central Statistical Office (KSH) reported on Friday.