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.
Unchanged Base Rate Strengthens the Forint Against Other Currencies Building of the Hungarian National Bank The forint strengthened against major currencies after the Monetary Council of the Hungarian National... 2024.08.28.
Egg Price Increase Inevitable from Autumn to Maintain Production Under the current circumstances, table egg production cannot be sustained, as producer and packaging prices on the domestic market extremely... 2024.08.27.
Domestic Wages Are Catching up with Czech Salaries The Hungarian wage situation is not as tragic as it is regularly portrayed in the Hungarian press, at least not... 2024.08.16.
Inflation Remains Steady in July, Economic Outlook is Positive In July 2024, the inflation was 4.1 percent annually, matching market expectations and remaining low, according to the Hungarian Central... 2024.08.08.
Telekom Reports Record Revenue Surge and Profit Growth for Q2 2024 Magyar Telekom reported a significant surge in revenues and profits for the second quarter of 2024. Net profit after tax... 2024.08.08.
Consumption Continues to Expand for the Sixth Month in a Row Based on the latest data from the Hungarian Central Statistical Office, the volume of retail sales increased by 2.6 percent... 2024.08.07.
Budapest Stock Exchange Hits Record Turnover in July The Budapest Stock Exchange's (BÉT) leading index, the BUX, closed at a record high of 74,051 points in July, marking... 2024.08.02.
Average Hourly Wages of Skilled Workers Up by over 10 Percent In the second quarter, the average gross hourly wage of skilled and semi-skilled manual workers was HUF 2,104 (EUR 5.16),... 2024.07.23.
Hungary Refuses to Be Labelled a “Spy or Trojan Horse” for its Peace Efforts The attacks by pro-war European politicians only further strengthen the Hungarian government's determination to pursue its peace mission: Hungary wants... 2024.07.17.
Hungary Edges Closer to Meeting 2024 Budget Deficit Target The transparency of budgetary policy has markedly declined since the onset of the pandemic. This is evident from the absence... 2024.07.15.
Unexpected Fall in Inflation Rate Surprises Analysts Despite analysts' expectations of stagnating inflation, Hungary saw a surprising decrease in the rate of monetary deflation in June, following... 2024.07.10.
PM’s Radio Interview: French Elections Could Reshape Europe’s Future Prime Minister Viktor Orbán, in a radio interview on Kossuth Radio's "Good Morning, Hungary" program, discussed Hungary's role in seeking... 2024.07.05.
Multi-billion Euro Railway Development and Ten-year Road Program Announced The Minister of Construction and Transport named a series of public investments, writes Világgazdaság. János Lázár announced a comprehensive railway... 2024.07.04.
Battery Industry Accounts for 5.5 percent of the Country’s GDP CATL, a global leader in battery manufacturing also present in Hungary The battery industry currently accounts for 5.5 percent of... 2024.07.01.
New Measures Introduced to Ease the Situation of Ukrainian Refugees Hungary has introduced significant new measures to assist Ukrainian citizens with expiring passports and manage refugee accommodations amid the ongoing... 2024.07.01.
Inflation Forecasts Adjusted amid Growth Prospects The central building of the Hungarian National Bank András Balatoni, Director of Economic Forecast and Analysis Directorate at the Hungarian... 2024.06.21.
Hungarian EU Presidency Focuses on Restoring Competitiveness and EU Enlargement Restoring the competitiveness of the European Union is the top priority in the Hungarian EU Presidency's program, according to Barna... 2024.06.21.
Huge Price Hikes Are Coming to Beaches, Affecting Tickets and Buffets This year, a day at a Hungarian beach could cost roughly a tenth more than last year. Tickets have become... 2024.06.19.
Chief Economist: May Inflation of 4% is Below Expectations In May, the inflation rate of 4% was below expectations, as highlighted by Gergely Suppan, the chief economist of the... 2024.06.12.
“Democracy is thriving and prospering”: Viktor Orbán Reflects on Election Victory In a TV interview with public media channel M1, Prime Minister Viktor Orbán discussed the results of the recent European... 2024.06.11.
