This article examines how the trade balance (or net exports) changed during the crisis. In the early-to-mid-2000s, Hungary ran a trade deficit as external indebtedness grew. Since the crisis, balance sheet adjustments by economic agents have substantially reduced imports for consumption and...

Before the recent economic crisis, part-time employment was very low in Hungary. During the crisis, however, the most rapid increase in the number of part-time employees within the European Union was observed in Hungary. Part-time employment increased in a number of European Union countries for...

Household consumption constitutes two thirds of GDP in Hungary. Accordingly, in addition to influencing expected economic growth, consumption plays a prominent role in shaping pricing behaviour. Consequently, understanding and forecasting the consumption processes as precisely as possible can be...

During the past year, a survey was conducted among Hungarian small and medium enterprises. The results of the survey suggest that a significant ratio of companies is directly exposed to fluctuations in the exchange rate, which may affect their profitability to a large degree. The majority of...