COVID-19 in Hungary: fatalities hit another record high

Portfolio
Hungarian authorities confirmed 6,635 new coronavirus (COVID-19) infections on Wednesday, increasing the total since March to 231,844. The death toll rose to 5,324 after 182, mostly elderly or chronic, patients passed away, the official government website said. The number of recoveries is now 67,033.while the number of active cases is 159,487. There are 7.963 coronavirus patents in hospital, with 663 of them on ventilators.
koronavírus járvány olvas hírek

The 6.636 new cases represent the second highest daily figure since the outbreak began in March. Although statistics from Hungarian pandemic authorities are becoming increasingly difficult to interpret, todays figure is still an unpleasant surprise as the spread of the virus does not appear to be slowing one month after the lockdown was re-introduced.

The curve indicates that the virus continues to spread at a faster rate in Hungary. Assuming testing practices nearly identical to those in mid-November, the lockdown has not brought the desired result. This is strange because the pandemic curve in countries that have introduced similarly strict measures (e.g. the Czech Republic, Poland, Austria or Belgium) have taken a sharp turn as a result. At the same time, it is possible that statistics are distorted by the nationwide rapid testing programme, but the daily data release makes no mention of that. At a press conference last week, the Operational Corps said the national testing programme for endangered groups and the tests of mobile screening stations could bring a spike in virus figures.

virus201203a

The 182 fatalities represent a new daily high in Hungary and also do not indicate a slowing of the outbreak. According to mortality statistics released yesterday, the number of deaths in Hungary in the first week of November was 40% higher than a year earlier. Unfortunately, today’s figure confirms that we can expect even higher numbers in coming weeks.

virus201203b

In another display of inconsistency in data, the number of severe cases is improving. The number of people treated in hospital and receiving artificial ventilation has stagnated. The natural progress would be first seeing a decrease in new cases, then in severe cases, and finally in fatalities, with delays of a few weeks in between. The optimistic interpretation is that the number of new cases is an outlier due to the large number of rapid tests, and the outbreak is actually easing off in Hungary as shown by the number of hospital patients. In that case, we should start seeing lower fatalities soon.

virus201203c

It would help assessing the actual number of new infections if we had reliable data on the number of tests applied and the ratio of positive results. However, the government is reporting the results of rapid tests in an ad hoc manner, in major blocks of several days at once, which means that the positivity rate fluctuates absurdly between 2% and 70% form one day to the next. As a result, we have no idea how today’s 25% positivity rate compares to mid-November data. It is possible that positive results from rapid tests are included in the numerator, while the rapid tests themselves are not counted in the denominator.

Based on data form the past 7 days, the virus appears to be spreading fastest in Békés, Vas and Veszprém counties.

Cover photo: Getty Images

 

More in Economy

robotizalunk
November 03, 2025 13:15

Hungarian economy slams on the brakes, tough wage talks ahead

Parties sit down again

ingatlan-lakás-lakótelepek-panellakás-négyzetméterár-áremelkedés-főváros-lakáspiac
November 03, 2025 12:34

K&H: Hungary's budget deficit to skyrocket next year, housing prices overvalued by 20-25%

If demand-stimulating measures subside, consolidation may follow

jogállamisági eljárás, európai unió, kötelezettségszegési eljárás, uniós jog,
November 03, 2025 10:30

Brussels contests Hungarian tax: money may need to be returned with interest

One of the most controversial Hungarian tax cases may soon see a verdict that will be a real blow

uniós költségvetés, eurózóna, stabilitási és növekedési paktum
November 03, 2025 09:38

The Hungarian government may receive €16.2 billion in EU funds, but this will not help this year's budget

We will definitely have to wait until next year for the new EU funds to arrive

makronaptár makroadat euróövezet határidő
November 03, 2025 09:00

Market volatility to be followed by economic fireworks that could determine the fate of your investments and the forint

We need to pay attention to a lot of market-moving data and news!

GettyImages-2169581107-bankautomata-bankkártya-elektronikus-készpénzfelvétel-pénzfelvétel-pénzügy
October 31, 2025 16:20

Banks in Hungary upset about gov't doubling limit on free cash withdrawals

They believe it causes more harm than good

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search