Hungary’s 2022 Minimum Wage Increase Highest in EU Although minimum wages have grown almost everywhere in the European Union in 2022, the nominal increase of almost 20% in... 2022.02.07.
Budapest Airport Joins European Initiative for Carbon-neutral Aviation Sector Liszt Ferenc International operator Budapest Airport on Friday said it has signed the Toulouse Declaration setting the goal of achieving... 2022.02.05.
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.
Trend Broken: Suzuki Not the Highest Seller of New Cars in Hungary in January The domestic new car market had a weak start to 2022, reports Világgazdaság (VG). Citing the latest data from "Datahouse,"... 2022.02.04.
Industrial Output up 5.8% in December, 9.6% in 2021 Industrial output in Hungary grew by an annual 5.8 percent in December, based on adjusted data, and by 9.6 percent... 2022.02.04.
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.
Retail Sales Growth Accelerates to 6.2% in December Retail sales in Hungary rose by an annual 6.2 percent in December, when adjusted for calendar year effects, the Central... 2022.02.03.
Taxi Drivers Demonstrate for Fare Rise Around 200 taxi drivers drove their cars around Heroes' Square in Budapest on Wednesday, to draw attention to their demands... 2022.02.03.
Trade Minister: Gulf Countries Offer Opportunities for Tech-Oriented Hungarian Companies Tech-oriented Hungarian companies can benefit greatly from the opportunities offered by the Gulf countries, and the Hungarian government is fully... 2022.02.03.
Central Bank Books Loss for First Time under Matolcsy The National Bank of Hungary (MNB) has closed 2021 with negative financial results for the first time since incumbent governor... 2022.02.02.
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.
First Module of AI Supercomputer Developed by OTP Bank and Innovation Ministry Inaugurated The first module of an AI supercomputer built in partnership between the Ministry of Innovation and Technology (ITM) and OTP... 2022.01.31.
Factory Gate Price Rise Accelerates to 22 % in December Factory gate prices in Hungary rose by an annual 22.3 percent in December, accelerating from a 21.6 percent increase in... 2022.01.31.
Lidl Introduces Quantity Restriction in Response to Price Cap As we have reported before, the Hungarian government introduced a price cap for seven food products which comes into effect... 2022.01.31.
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.
Semmelweis Uni, AstraZeneca Sign Strategic Partnership Agreement Semmelweis University, Hungary's top medical school and the Hungarian unit of AstraZeneca signed a strategic partnership agreement, the British-Swedish pharmaceutical... 2022.01.28.
Jobless Rate at 3.7% in December, Central Statistical Office says Hungary's jobless rate was at 3.7 percent in December, falling from 4.1 percent in the same month a year earlier... 2022.01.28.
Film Productions in Hungary Generated Revenue of over EUR 555 Million Last Year, says FinMin Finance Minister Mihály Varga has visited the set of a "Hollywood superproduction" Slingshot at the Korda Studios on the outskirts... 2022.01.26.
Finance Minister: Hungary Wage Costs Cut the Most in EU Over the past decade, Hungary has reduced wage-related costs to the greatest extent in the European Union, Finance Minister Mihály... 2022.01.26.
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.
