Food Price Cap: Sales of Affected Products Increased by 60-80% Sales of products affected by the price cap, i.e. where prices had to be reset to the level of October... 2022.02.18.
Some Gas Stations Only Allow 10 Liters of Fuel per Customer As many as one in two businesses in Hungary could close their gas stations after the government extended the gasoline... 2022.02.15.
Buying a Garage Proves to Be One of Top Investments With property buyers pushing towards the car boom and the agglomeration of homes, garages have appreciated in value, and anyone... 2022.02.11.
Housing Prices in Budapest Agglomeration Up by a Third in One Year The popularity of the Budapest agglomeration remains unbroken despite the sharp rise in prices, Portfolio reports. Plot prices of up... 2022.02.10.
Two-Thirds of Hungarians Would Welcome Introduction of Euro 64 percent of Hungarians believe that the introduction of the euro would have a positive impact on their situation, and... 2022.02.09.
Record Prices per Square Meter of New Apartments in Budapest The average price per square meter of new apartments in Budapest has broken a historic record, with sellers asking for... 2022.02.05.
Wholesale Fuel Prices Continue to Rise, Smaller Petrol Stations Fighting for Survival Wholesale prices of petrol and diesel will continue to rise on Friday. For petrol, this means a gross increase of... 2022.02.04.
Price Cap in Grocery Stores Comes into Effect Starting today, Tuesday, people will pay the same amount as on October 15, 2021, for granulated sugar, wheat flour, sunflower... 2022.02.01.
Finance Minister: Fitch Sees Successful Relaunch of Hungary’s Economy The relaunch of Hungary's economy has gone successfully in the assessment of Fitch Ratings, which recently confirmed Hungary's credit rating,... 2022.01.29.
Central Bank Hikes Base Rate by 50 bps to 2.9 pc Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points... 2022.01.26.
Price Comparison of Italian and Hungarian Lidl Stores Telex compared the prices of products available in Hungarian and Italian Lidl stores in the two countries. A typical shopping... 2022.01.26.
Finance Minister Commends Swiss Companies’ Contribution to Economy Finance Minister Mihály Varga has met with his Swiss counterpart Ueli Maurer in Bern, the Finance Ministry said on Friday.... 2022.01.22.
More Than Two-Thirds of Hungarians in Favor of Introducing the Euro 69 percent of Hungarians want the common European currency of the euro- this is the second highest approval after Romania... 2022.01.21.
Price Cap Has Had No Major Impact on Fuel Consumption The official maximum price for gasoline and diesel introduced on November 15, 2021, has not significantly boosted fuel consumption. The... 2022.01.13.
Gov’t Sector Deficit Reaches to Almost 4% of GDP in Q1-Q3 Hungary's government sector deficit reached 1,570 billion forints (EUR 4.3bn) in Q1-Q3, equivalent to 3.9 percent of GDP, preliminary data... 2022.01.04.
Finance Minister: Economy in Ruder Health Than After Previous Crisis Hungary's economy grew by 6.4 percent this year as opposed to a contraction of 6.6 percent the year after the... 2021.12.28.
Central Bank Head Matolcsy: Monetary Tightening to Continue in 2022 The cycle of interest rate raises started in June will continue in 2022, as long as it is necessary to... 2021.12.27.
House Rents Up 13% Since January At the national level, rents in the rental housing market increased by 1.1 percent in November compared to October, and... 2021.12.23.
Products of Double Quality: High Fines From May 2022 Onwards International companies, which sell their products in Hungary with lower quality, can expect a fine in the amount of even... 2021.12.22.
Housing Prices in Budapest More and More Expensive Since 2013, the prices per square meter of new apartments in Budapest have doubled, so that they are already higher... 2021.12.21.
FinMin Expects 5% GDP Growth, 4.9% Budget Deficit in 2022 The finance ministry is calculating with a GDP growth over 5 percent next year, making it possible to reduce the... 2021.12.17.
