Hungary's unemployment rate increased more than expected in the three months to March, a report from the Hungarian Central Statistical Office showed Friday.
The unemployment rate rose to 11.8 percent in January-March period from 11.6 percent in December-February. Economists expected a marginal increase to 11.7 percent.
The number of unemployment persons edged up to 508,700 during the period from 501,900 in the previous three-month period. In a separate report, the statistical office said that the number of employed people remained steady at 3.82 million in the three months to March. The employment rate edged up to 50 percent from 49.9 percent in the previous three-month period.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.