Financial Borrowing of Hungarians in 2021 Nears Historic High 2021 is likely to become the strongest year in the history of Hungary’s retail credit market based on the official... 2022.01.10.
Finance Minister: Gov’t Running ‘Disciplined Budget’ Hungary's government is running a disciplined, tight budget, Mihály Varga, the finance minister, said in an interview to public radio... 2022.01.10.
KSH: Retail Sales up 3.8% in November Retail sales in Hungary rose by an annual 3.8 percent in November, the Central Statistical Office (KSH) said on Friday.... 2022.01.08.
KSH: Industrial Output up by 2.6% in November Hungary's industrial output went up by an annual 2.6 percent in November, rising again after two straight months of decline,... 2022.01.08.
Hungarian Forint Manages to Stabilize after Inflationary Pressures The Hungarian Central Bank (MNB) successfully combatted the rising inflation level by raising interest rates, allowing the country's national currency,... 2022.01.07.
Finding a Job in Hungary Takes 16 Months on Average, According to Official Data It takes an average of 16 months to find a job in Hungary, news site 444 found, citing December data... 2022.01.07.
Dubai Expo Hungarian Pavilion Draws Over 400,000 Visitors The Hungarian pavilion at the 2020 World Expo in Dubai has attracted 400,000 visitors since the fair opened in October,... 2022.01.06.
Factory Gate Price Rise Accelerates to 21.6% in November Factory gate prices in Hungary rose by an annual 21.6 percent in November, accelerating from an 18.5 percent increase in... 2022.01.06.
FM Szijjártó Hails 2021 Investment Records Hungary broke "two great, investment-related records" last year despite negative developments in the global economy, Péter Szijjártó, the minister of... 2022.01.06.
The Most Popular Cars of 2021 in Hungary As a result of the global chip shortage, the constant delays in the delivery of components, the inflation of Hungary’s... 2022.01.05.
Hungary Jobless Rate Down to 3.7% in November Hungary's jobless rate was 3.7 percent in November, down from 3.9 percent in October, the Central Statistical Office (KSH) said... 2022.01.05.
Gov’t to Launch 2nd Round of Tenders for Companies Harmed by Brexit The government is launching a 12 billion forint (EUR 32.6m) second round of tenders for companies harmed by Brexit, Péter... 2022.01.05.
Aldi Store Managers May Earn More Than HUF 1 million after Recent Hike Inflation, rising employment shortage, and the increase of the minimum wage are pushing wages further up in the commercial/retail sector... 2022.01.05.
Three Iconic Budapest Restaurants to Close amid Uncertainty Uncertainty due to the coronavirus and accompanying hospitality-related difficulties have definitely left their mark on the Hungarian hospitality industry. Olimpia,... 2022.01.04.
Gross Wage Growth Slows to 8.5% in October Year-on-year wage growth in Hungary slowed to 8.5 percent in October from 9.1 percent in the previous month, data released... 2022.01.04.
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: Credit Rating Agencies Upbeat on Hungary’s Economy Hungary ended 2021 with investment grade status from all three major credit rating agencies, Finance Minister Mihály Varga said on... 2022.01.03.
Fully Electric Vehicle Ownership in Hungary up 50% The number of fully electric vehicles in Hungary grew by 50 percent in January-October, to 18,800, the Future Mobility Association... 2021.12.31.
Public Debt Set to Decline, Finance Minister Says Mihály Varga, in an interview with pro-Fidesz daily Magyar Nemzet, said there is a high chance that Hungary's public debt... 2021.12.31.
GP, Dentist Wages to Increase by 40% Government allocation for the salaries of general practitioners and dentists who are community practice members will increase by over 40... 2021.12.31.
FinMin: Govt to Allocate HUF 25 Bn to Investment Support Programme in 2022 The government's investment support programme for large companies will continue in 2022 with a 25 billion forint (EUR 67.6 million)... 2021.12.30.
