Hungarys jobless rate continued to decrease, while employment improved in September, with the number of employed Hungarians in the 15-74 age group increasing by 0.9% y/y to 3.856mn, the statistics office said. The jobless rate dropped for the fourth consecutive month, falling by 0.2pps y/y and 0.1ppt m/m to 10.7%. There were 462,000 unemployed on average during the July-September period and their number remained slightly below the number recorded in the same period a year ago. The participation ratio rose by 0.5pps y/y to 56.3% in September. The higher average number of employed people aged 15-74 corresponded to an employment rate of 50.3%, up by 0.6 pps y/y in September. On a monthly basis, the number of employed persons increased by 19,500, while the number of unemployed slipped down by 800. |
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