Inflation Keeps on Growing: January Data Highest in 15 Years Consumer prices in Hungary rose by 7.9 percent year-on-year in January, climbing from 7.4 percent in the previous two months,... 2022.02.11.
Opposition Pledges to Curb Corruption, Inflation, Public Debt The joint opposition alliance has pledged to curb public debt, inflation and corruption if it comes to power after the... 2022.02.10.
Petrol Tourism Thrives in Hungary after Gov’t Introduction of Fuel Price Cap Cheaper fuel prices are pushing more and more motorists from Slovakia to top up their tanks in neighboring countries, especially... 2022.02.10.
Train Drivers’ Trade Union Announces Strike, Half of Long Distance Trains Could Suspend Operation Hungary’s largest trade union representing train drivers, announced last week that they will suspend work indefinitely at the beginning of... 2022.02.08.
Election 2022: Opposition Presents Plans for Economic Policy Parties of the united opposition presented their ideas concerning a possible introduction of the euro, taxes, inflation, job creation and... 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.
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.
Election 2022: Opposition Pledges Central Bank Reform Politicians of the joint opposition on Thursday pledged to renew fiscal and monetary policy and to reform the National Bank... 2022.01.28.
Orbán: If Fidesz wins the April 3 general election, the gov’t will expand family support schemes If Fidesz wins the April 3 general election, the government will expand family support schemes and, depending on economic performance,... 2022.01.28.
Fidesz’ Presidential Candidate ‘Prepared for Action, Not Gestures’ "I am prepared to take action rather than gestures," Katalin Novák, the ruling parties' candidate for president said in an... 2022.01.27.
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.
Wage Growth Accelerates to 10.1% in November The rate of annual wage growth in Hungary picked up to 10.1 percent in November from 8.5 percent in the... 2022.01.25.
Central Bank Head Matolcsy Calls for Budget to be Brought Back to Balanced Path To curb inflation, the central budget should once again be put on a balanced course and the government must double... 2022.01.25.
More Than Two-Thirds of Hungarians in Favor of Introducing the Euro 69 percent of Hungarians want the common European currency of the euro- this is the second highest approval after Romania... 2022.01.21.
Teachers to Hold General Strike after Gov’t ‘Fails to Address Neglected Conditions’ Since the government "has failed to effectively address public education's neglected conditions," teachers will go on a general strike in... 2022.01.20.
Fidesz Blasts Opposition ‘Attacks’ on Govt’s Anti-Inflation Measures Ruling Fidesz on Monday hit back at what it called "hypocritical attacks" by Hungary's left-wing opposition on the government's anti-inflation... 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.
Opposition: Price Cap on Foods ‘Pseudo Measure’ to ‘Cover for Govt’s Flawed Economic Policy’ Politicians of three opposition parties on Sunday criticized the food price curbs, insisting that it offered no solution to rising... 2022.01.17.
Agriculture Min: Capping Food Prices ‘Message to Market’ that Gov’t ‘Not Afraid to Take Even the Most Unexpected Steps’ The "bold step" of capping the prices of basic food at their October levels shows that the government is prepared... 2022.01.17.
FinMin: Gov’t Mortgage Rate Freeze to Save Families HUF 30 bn The government freeze of rates on retail mortgage loans in place for the first half of 2022 will save Hungarian... 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.