Shocking: More than 50 pc of young Hungarians would leave Hungary
Only young people living in Ireland and Cyprus precede Hungary in those sorrowful statistics, based on the latest survey of Eurofound Research Foundation’s latest survey.
According to the shocking results detailed by G7, 42% of young Hungarians planned to move abroad in three years in 2023. Another 11% “would like to” leave Hungary. In Ireland, that figure is 35 and 26 pc, while in Cyprus 50 and 5 pc.
In Hungary, 25% of the 15-29-year-old people struggle to make ends meet from their salary. Based on that, young people in Hungary are in a worse position in nine and a more favourable position in 17 member states. And why would they leave Hungary? According to the survey, the main reasons are the depressing Hungarian public life and the low living standard.
According to the Hungarian Central Statistical Office, 2021 was the year of trend change. That was the first year after the COVID-19 pandemic when more people left Hungary than returned.
Hungary April industrial PPI down 2 percent
Industrial producer prices in April fell by an annual 2 percent, the Central Statistical Office (KSH) said on Friday.
Prices for domestic sale fell by 5 percent while export prices eased by 0.4 percent.
Month on month, factory gate prices edged down by 0.9 percent, as prices for domestic sale slipped by 0.3 percent and export prices fell by 1.2 percent.
Export prices of the manufacturing sector rose 4 percent, while energy sector export prices dropped by 26.4 percent.
In January-April, factory gate prices dropped by 4 percent year on year, as prices for domestic sales decreased by 5.9 percent and export prices decreased by 3 percent.
Hungary posts March trade surplus of EUR 1.570 bn
Hungary posted a trade surplus in March of 1.570 billion euros, lower than 1.691 billion in February, the Central Statistical Office (KSH) said on Friday in a second reading of the data.
Exports fell by an annual 14 percent to 12.290 billion euros, while imports dropped by 19.3 percent to 10.720 billion.
Trade with other European Union member states accounted for 77 percent of Hungary’s exports and 72 percent of its imports during the month.
In the January-March period, Hungary had a trade surplus of 3.843 billion euros. Exports fell by 7.7 percent to 36.475 billion and imports declined by 15 percent to 32.632 billion.
Read also:
- Big money: billions of dollars flow as remittances to Hungary – Read more HERE
- Hungary accumulates budget deficit higher than planned for the year by the end of April
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