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.
Analysts: Curbing Inflation Will Take a Long Time Analysts told state new agency MTI that inflation may have reached its peak in November with a 14-year record high... 2021.12.08.
DM Drugstore More Expensive in Hungary than in Germany and Austria According to the results of an online investigation by the news portal G7, the prices in the Hungarian stores of... 2021.11.25.
Forint Continues Downfall, Weakening to Yet Another Historic Low After breaking an all-time low on Monday, the Hungarian currency continued its downfall on Tuesday, reaching a new historic low... 2021.11.23.
Forint Hits New Historic Low against the Euro The weakening of the forint began last week and has continued on Monday, with the Hungarian currency quickly falling to... 2021.11.22.
Base Rate Raised by 30 Basis Points by Hungary’s Central Bank Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10 percent... 2021.11.16.
Hungarian Dating Site Enters Foreign Markets The owners of the largest domestic dating site Dating Central Europe Zrt. (DACE), CEO Péter Weiler and investor Russmedia Equity... 2021.11.11.
Official: Minimum Wage Deal Ready to Be Signed Representatives of the government, employers, and employees are ready to sign an agreement on next year's minimum wage rises, Sándor... 2021.11.09.
Governor Matolcsy: Budapest Small in the World, Too Big for Hungary György Matolcsy, the governor of Hungary's central bank, has argued in an op-ed for magyarnemzet.hu that changes are needed to... 2021.11.09.
Finance Minister Projects 7% GDP Growth for 2021 Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in... 2021.10.19.
