German Economic Decline Impacts Hungarian Suppliers Germany’s economy is facing significant challenges, with recent reports indicating a decline in factory orders that suggests a continuation of... 2024.10.08.
Continuous Growth in Consumption for Eight Consecutive Months August retail sales in Hungary showed significant growth, with a 4.1% increase month-on-month and 0.8% year-on-year, raising hopes for a... 2024.10.08.
PM Orbán: With Economic Neutrality, We Can Boost The Economy By 3 to 6% In a recent interview on Kossuth Radio's Good Morning, Hungary program, Prime Minister Viktor Orbán shared his insights on Hungary's... 2024.10.04.
Press Briefing: Prioritizing Economic Stability and National Sovereignty Following the government's meeting in Geszt (southeastern Hungary), a press briefing was held during which Government Spokeswoman Eszter Vitályos and... 2024.10.04.
Economic Development Program in Vojvodina Further Strengthens Local Prosperity Levente Magyar, Parliamentary Secretary of State The Hungarian government’s economic development program in Vojvodina, Serbia, was launched to provide prosperity... 2024.10.04.
National Bank Increases Gold Reserves to a Record High In view of Hungary's long-term national and economic strategic goals, the Hungarian National Bank (MNB) decided to increase its gold... 2024.10.01.
PM Orbán: “We are not glad that we were right about migration” The autumn session of the National Assembly began with Prime Minister Viktor Orbán's opening address, in which he highlighted Hungary's... 2024.10.01.
National Bank Revises Inflation Outlook The Hungarian National Bank (MNB) anticipates inflation at 3.1% in September, with a gradual increase expected for the rest of... 2024.09.27.
We spend 9% of our Annual Salary on Tourism Lake Balaton. We are already seeing the results of this year's peak tourism season, which have not disappointed, according to... 2024.09.26.
Hungary Moves up Two Places in Global Wealth Ranking Global household financial wealth grew by 7.6 percent in 2023, offsetting losses from the previous year, according to the newly... 2024.09.25.
National Bank Cuts Base Rate Amid Easing Inflation The Hungarian National Bank (MNB) has reduced the base rate by 25 basis points, bringing it down to 6.5%. Both... 2024.09.25.
Domestic Interest Rates to Fall in Line with US and European Central Bank Trends The Hungarian National Bank (MNB) may follow the US and European central banks in cutting interest rates after the summer... 2024.09.18.
Foreign Minister Highlights Egypt’s Role in Combating Illegal Migration Minister of Foreign Affairs and Trade, Péter Szijjártó, emphasized the significance of Egypt in protecting Europe from illegal migration during... 2024.09.18.
Consumers Cautious Despite Wage Growth The consensus among analysts is that the economy could expand by around 1.5 percent this year, while real wages could... 2024.09.16.
PM Orbán Outlines Plans for Economic Growth and Border Protection In a recent radio interview, Prime Minister Viktor Orbán outlined his vision for Hungary's future, focusing on the country's economic... 2024.09.13.
Protection of Consumers against Price Increases Violates EU Law A Hungarian legislation that obliges traders to sell certain agricultural products at a fixed price and in predetermined quantities is... 2024.09.13.
2025 Motorway Vignette: Prices Increase Yet Again On Tuesday morning, the National Toll Payment Services Plc (NÚSZ) officially announced the 2025 motorway vignette prices for Hungary, reports... 2024.09.11.
Inflation Rate Hits Its Lowest Level of the Year As in previous months, inflation remained at the low level expected by the market in August, Márton Nagy, Minister for... 2024.09.11.
Price Monitoring System Saves Households Millions The Hungarian Competition Authority (GVH) launched an online price monitoring system in July 2023 to help combat food price inflation.... 2024.09.05.
Back to School: National and European Comparison of Costs On September 2, nearly 1.1 million children in Hungary started the 2024/2025 school year. The back-to-school period has hit family... 2024.09.02.
Price Hikes Under Scrutiny After Inflation Control Initiative To address inflation and protect families, the Hungarian government introduced new initiatives, including food price caps, mandatory sales promotions, and... 2024.08.29.
