Hungarys unemployment rate edged down to 10.6% in September to November 2011 from 10.8% in the three months to October, the statistics office said. A year ago the rate stood at 10.7%. The number of unemployed decreased to 460,000 in September-November from 467,600 in the August-October period. The share of long-term unemployed decreased as well and stood at 46.9%. The number of employed Hungarians, on the other hand, increased to 3.835mn from 3.828mn. Hungarys statistics office does not publish monthly data on unemployment, because of the high level of error and it calculates the unemployment as a moving three-month average instead. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more