Monetary Council Reduces Central Bank Base Rate by 50 Points Headquarters of the Hungarian National Bank, Budapest. The volatile risk environment will continue to demand a cautious and patient approach... 2024.04.24.
IMF Slightly More Pessimistic about Economic Growth than the Government The International Monetary Fund (IMF) forecasts economic growth in Hungary of 2.2 percent, slightly lower than the Hungarian government's forecast... 2024.04.17.
Latest Figures Show Budapest Rent Prices Skyrocketing According to the Central Statistical Office (KSH) and the ingatlan.com rent index, rent prices were 11.7 percent higher in the... 2024.04.16.
Lake Balaton Caterers Plan a Significant Price Increase for the Summer Season A price increase of at least 10 percent is expected in Balaton restaurants. In Gyenesdiás, a scoop of ice cream... 2024.04.15.
Domestic Inflation Remains below the Regional Average Recent data from the Hungarian Central Statistical Office shows that the trajectory of inflation in Hungary has continued its downward... 2024.04.12.
13 Hungarian Companies among Europe’s Fastest Growing The Minister for National Economy, Márton Nagy, welcomed the top executives of 13 domestic companies to his office. These companies... 2024.04.12.
Food Prices Could Rise at a Slower Pace than Inflation this Year The rise in food prices is no longer pushing up inflation this year, but holding it back, claim analysts at... 2024.04.04.
As the Beach Season Kicks Off, Admission Fees Become More Expensive Easter brought summer weather, but the increasingly pronounced climate change does not yet mean an early opening of the beach... 2024.04.02.
The Economy Returns to Growth, Minister of Finance Says The Hungarian economy is poised to return to growth this year, with expectations that it could rank among the top... 2024.03.22.
Audi Hungaria Pays a Record Bonus to Employees after a Successful 2023 It was mainly the site-specific challenges that Audi Hungaria identified as a difficulty when presenting its 2023 results, reports Világgazdaság.... 2024.03.20.
February Inflation Remains Median of Regional Average Inflation in February was higher in almost all neighboring countries than in Hungary, according to recently published Eurostat data, reports... 2024.03.19.
East-West Cooperation a “Huge Opportunity,” Says Péter Szijjártó in Bangkok Bangkok Hungary does not see East-West cooperation as a threat or a risk, but as a huge opportunity from which... 2024.03.19.
Opinion: ‘Language, Herr Reisch!’ Spar Austria CEO Hans Reisch, in an interview for the economic news portal Lebensmittel Zeitung, has accused the Hungarian government,... 2024.03.18.
Hungarian Price Monitoring System May Be Used in Slovakia One of the strong campaign themes of the Slovak early parliamentary elections on September 30, 2023, was to curb the... 2024.03.14.
Hungary Records Largest Wage Increase in the Last Decade A recent study shows that Hungary has seen the biggest wage increase in the last ten years, reports Világgazdaság. In... 2024.03.14.
Economic and Security Cooperation with the U.S. a “Real Success Story” Last year, trade between the United States and Hungary exceeded nine billion dollars, breaking the record again, while U.S. investments... 2024.03.08.
OECD Report Confirms Hungary’s Sustainable Growth Prospects Secretary-General of OECD, Mathias Cormann The Hungarian economy is poised to return to a sustainable growth trajectory this year, the... 2024.03.07.
Minister Szijjártó Addresses OECD’s Global Economic Role Minister Péter Szijjártó (L) and OECD Secretary-General Mathias Corman (R) In order to prevent a long-term downturn, Minister of Foreign... 2024.03.06.
New Regulation Introduced to Combat “Shrinkflation” A new measure on trade came into effect on March 1, regulating that shops with a turnover of over HUF... 2024.03.01.
Statistical Office Reports Huge Growth in Real Wages In December 2023, the Central Statistical Office (KSH) reported that the average gross earnings of full-time employees were HUF 655,600... 2024.02.23.
Another Strike at Lufthansa, All Flights to Budapest Canceled Today The Verdi trade union has called Lufthansa ground handling staff to another strike from February 19 at 8 p.m. to... 2024.02.20.