Cellulose Maker Dunacell Invests HUF 7 bn in Capacity Expansion Hungarian cellulose maker Dunacell is investing 7 billion forints (EUR 19.6m) to expand production capacity at its base in Dunaújváros,... 2022.01.18.
Central Bank Head Matolcsy: Tackling Inflation ‘Top Priority’ Inflation is central banks' greatest foe, and tackling it is a vital step towards creating monetary sustainability, György Matolcsy, the... 2022.01.18.
Farm Gate Prices Up 27% in November Farm gate prices in Hungary rose 27.2 percent in November from the same month a year earlier, data released by... 2022.01.17.
Inflation: Following High December Data, Analysts’ 2022 Predictions Range between 5-5.7 Percent Hungary's high inflation data for December has seemingly surprised analysts. They said that inflation grew on the back of the... 2022.01.15.
Wizz Air to Launch Flights between Budapest, Chisinau Hungarian low-cost airline Wizz Air from March will operate flights twice a week between Budapest and Chisinau, the Moldavian capital,... 2022.01.14.
Construction Sector Output Up 12.3 pc in November The output of Hungary's construction sector rose by an annual 12.3 percent in November, the Central Statistical Office (KSH) said... 2022.01.14.
Hungary’s Inflation at 14-Year Record for Second Month in a Row Hungarian annual inflation was 7.4 percent in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle... 2022.01.14.
Who Will Benefit from Govt’s Recently Announced Food Price Cap? The Orbán government has decided to cap the price of some key food products, including milk, flour, cooking oils, and... 2022.01.13.
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.
MOL Acquires Lotos Petrol Stations in Poland Hungarian oil and gas company MOL on Wednesday said it signed agreements with PKN Orlen and Grupa Lotos on the... 2022.01.13.
Hungary’s Budget Deficit Exceeds HUF 5,000 Billion for 2021 Hungary's cash flow-based budget deficit, excluding local councils, reached 5,101.5 billion forints (EUR 14.2bn) at the end of December, Hungarian... 2022.01.12.
World Bank Forecasts 5% Hungary Growth in 2022 Hungary's economy is forecast to grow by 5 percent this year, according to the World Bank, which raised its June... 2022.01.12.
Highest Loss of Workforce in Trade and Healthcare Sectors Although employment in Hungary is at a record high, it is precisely those occupations where there are already shortages from... 2022.01.12.
Aldi and Lidl Prices 12-15% Higher Than One Year Ago At the moment, customers have to pay 14.9% more in Aldi and 12.5% more in Lidl than one year ago,... 2022.01.12.
Housing Market: 3-7% Price Increase Expected in 2022 The housing market is showing signs of recovery, which is expected to continue in the near future, as both the... 2022.01.12.
Guest Nights Jump Almost 300% in November, KSH Reports Guest nights at commercial accommodations in Hungary rose by an annual 292.1 percent to 1,266,000 in November from a low... 2022.01.11.
Hungary Marks Record Number of Card Transactions in 2021 Forty million more card transactions were carried out in Hungary in the third quarter of last year than in the... 2022.01.11.
EBRD Supports Solus Copper Foil Plant in Tatabánya The European Bank for Reconstruction and Development (EBRD) on Monday announced a 28 million dollar loan for the construction of... 2022.01.11.
Mandatory Declaration of Construction Material Exports Extended until May 31 The government has extended the mandatory declaration of the export of strategic building materials from Hungary until May 31, the... 2022.01.11.
Majority of Hungary’s Workplaces to Increase Wages by More than 10% in 2022 Huge differences can be seen in this year’s wage agreements in Hungary, but the increases surpass 10 percent in most... 2022.01.11.
Hungary Trade Balance Returns to Surplus in November Hungary's trade balance returned to a surplus in November, a first reading of data by the Central Statistical Office (KSH)... 2022.01.10.
