German-Hungarian Chamber of Commerce’s Goal is to Be Predictable in the “Decade of Unpredictability” "We are living in a decade of unpredictability; the global economic environment has presented us with challenges we were not... 2024.01.26.
Employment Rate at Historic High at over 4 Million The employment rate in Hungary remains at a historic high, with 4.755 million people employed in the autumn months of... 2024.01.22.
Viktor Orbán: No Money in the World to Force us Accepting Migrants or LGBTQ Propaganda In an interview with Radio Kossuth, the Prime Minister spoke about the diplomatic and economic tasks facing the country, the... 2024.01.19.
Inflation in Hungary Lowest among Visegrad 4 Countries The end of 2023 was much better than expected in terms of inflation. Not only did domestic inflation end up... 2024.01.18.
Our Goal in 2024 Is an Economic Restart, Says Deputy State Secretary Gábor Szőcs, Deputy State Secretary of the Ministry of Finance, emphasized the potential for Hungary to be among European leaders... 2024.01.16.
Breweries Trying to Curb Further Rise in Beer Prices Falling prices for raw materials such as malt and hops do not justify further increases in the price of beer,... 2024.01.11.
Government to Focus On Fortifying the Pillars of Economic Growth The Hungarian government is committed to achieving economic growth exceeding four percent in the current year, with a focus on... 2024.01.11.
Despite Falling Inflation, Consumer Confidence Slowly Growing It will be worth watching the coming months for retailers, as December will see higher sales at the end of... 2024.01.09.
Signals of Recovery in Hungarian Industrial Production The war and sanctions have inflicted substantial damage on the economy, contributing to a 5.8% year-on-year decline in industrial production... 2024.01.09.
Job Growth Achieved despite Economic Challenges According to data from the Hungarian Central Statistical Office (KSH), 4.7 million people were employed in Hungary in November, marking... 2024.01.05.
Minister of Finance Addresses Economic Growth and Budget Stability This year marks the focus on strengthening economic growth, and that the budget situation remains stable, according to Finance Minister... 2024.01.04.
Minister of National Economy Forecasts Inflation between 5-6% in 2024 Economic growth could be around four percent this year after the recovery from the recession began last year, Minister of... 2024.01.04.
Outgoing President of the Fiscal Council Describes 2023 as a Weak Year Adjusting this year's deficit target to 5.2 percent was inevitable, and it is possible that the budget deficit will end... 2023.12.28.
Hungarian Economy Forecasts Growth in 2024 In a recent statement, László Parragh, President of the Hungarian Chamber of Commerce and Industry (MKIK), expressed optimism about the... 2023.12.27.
EU Falling Behind the US in Competitiveness, Claims Minister of State If it fails to act, the EU could fall behind in competition with the United States, Tibor Tóth, Minister of... 2023.12.18.
Inflation Falls to 7.9 Percent In November 2023 consumer prices were 7.9% higher on average than a year earlier. Compared with October, prices generally remained... 2023.12.08.
Monetary Council Cuts Base Interest Rate At their November meeting, the Monetary Council of the Hungarian National Bank (MNB) decided to cut the base rate by... 2023.12.07.
Food Industry Numbers Improve Thanks to Livestock Farmers Following the strength seen in the first half of this year, the outlook for the Hungarian food industry continued to... 2023.12.07.
German Companies Remain the Most Important Partners to Hungarian Economy Worker at the Mercedes-Benz factory in Kecskemét (central Hungary) The government continues to regard German companies operating in Hungary as... 2023.12.06.
Price of Next Year’s One-Day Motorway Vignette Revealed János Lázár has revealed the most important details about the one-day motorway vignette to be introduced next year, Világgazdaság reports.... 2023.11.21.
Action Will Be Taken Against Merchants of Hungarian Sovereignty, Promises Viktor Orbán Prime Minister Viktor Orbán was re-elected president of Fidesz on Saturday at the 30th renewal congress of the governing party... 2023.11.20.