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.
Christmas: Hungarian Families Buy Average of 1 kg of Szaloncukor Annually On average, Hungarians buy a total of 3,500 tons of szaloncukor (parlor candy) annually, worth more than HUF 7 billion... 2021.12.21.
Paks Upgrade on Track, Rosatom Says The project of building two new blocks to the Paks nuclear power plant is being implemented as planned so that... 2021.12.21.
Most Grocery Stores Close Earlier Than Expected on December 24 Although the law allows stores to be open until 2 p.m. on December 24, stores in the largest grocery chains... 2021.12.20.
Central Bank: Food Price Rate of Increase May Double in 2022 In 2022, inflation will be much higher, while economic growth will be lower than previously expected, the National Bank of... 2021.12.20.
Supply Bottlenecks and Price Increases during Christmas Season As a result of the lack of supply from Asia and slower international maritime transport, one can expect supply bottlenecks... 2021.12.17.
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.
Kopint-Tárki Lowers 2021 GDP Forecast to 6.1% Economic research firm Kopint-Tárki has lowered its forecast for 2021 GDP growth to 6.1 percent from 6.8 percent in a... 2021.12.16.
Pécs City Council Votes to Sell Majority Stake in Local Pogány Airport to State The local council of Pécs decided in an unanimous vote on Tuesday to sell its majority stake to the state... 2021.12.16.
Hungary Issues Green Panda Bond Hungary has become the first country in the world to successfully issue a green "panda" bond - targeted at the... 2021.12.15.
Construction Sector Output Growth at 14.5% in Oct Output of Hungary's construction sector rose by an annual 14.5 percent in October, the Central Statistical Office (KSH) said on... 2021.12.15.
Central Bank Lifts Inflation Forecast for 2021, Lowers GDP Growth Estimate The National Bank of Hungary (MNB) raised its forecast for inflation for this year to 5.1 percent and lowered its... 2021.12.15.
Hungary Central Bank Hikes Base Rate by 30 Base Points Hungarian central bank rate-setters hiked the base rate by 30 basis points to 2.40 pc at a regular policy meeting... 2021.12.15.
Parl’t Passes New Bill Dealing Severe Blow to Hungary’s Largest, Foreign Supermarket Chains On Tuesday, in a fast-track procedure, parliament passed a new amendment proposal to prevent food waste. Under the proposal, supermarkets... 2021.12.14.
Gov’t Postpones Decision on Budapest Airport Purchase Pointing to the economic situation and world financial trends, the Hungarian government appears to have postponed the decision on the... 2021.12.14.
Central Bank Head Matolcsy: Budapest Should Be Divided Governor and head of the Central Bank, György Matolcsy, wrote an article titled "What could be the solution to the... 2021.12.14.
Energy Authority: Budapest Gas Prices Lowest Among European Capitals in November The average price of gas was 2.86 eurocent in Budapest in November, the lowest among European capitals, the Hungarian energy... 2021.12.14.
Gov’t-Owned Cargo Plane Purchased After First Wave Put in Operation The cargo plane Hungary's government purchased after the first wave of the coronavirus pandemic started commercial operation on Saturday, Peter... 2021.12.13.
Coronavirus: Self-employed Receive Almost HUF 17 bn in Stimulus Payments More than 76,000 self-employed Hungarians have received a total of nearly 17 billion forints (EUR 46.5m) of one-off stimulus payments... 2021.12.13.
Finance Minister Further Lowers 2021 GDP Growth Projection Finance Minister Mihály Varga said Hungary's GDP is expected to grow by 6-6.5 percent this year at a general meeting... 2021.12.13.
Though More Expensive, Hungary’s Fish Supply Remains Plenty for Christmas There will be no shortage of fish at Christmas in Hungary, a spokesman of the Hungarian Aquaculture and Fisheries Inter-Branch... 2021.12.12.
