Minister of National Economy Says Slowdown in GDP is Temporary In the last quarter of 2023, the Hungarian economy faced challenges with a modest year-on-year growth of 0.4% and stagnation... 2024.02.14.
Economy Outperforms EU Average by 5% Minister of Finance Mihály Varga announced on his Facebook page that despite the negative external effects, the Hungarian economy grew... 2024.02.14.
Foreign Minister: New Spanish Investments Could Arrive During his visit to Spain, Minister of Foreign Affairs and Trade Péter Szijjártó held talks with the leaders of automotive,... 2024.02.14.
Analysts’ Insights on Current Economic Landscape Inflation may have fallen into the National Bank's tolerance band for the first time in almost three years in January,... 2024.02.08.
International Recognition Received for Effective Debt Management Finance Minister Mihály Varga announced on his social media page that Hungary has won the International Financing Review's (IFR) 2023... 2024.02.07.
Slovakia and Hungary Strengthen Agricultural Policy Cooperation Minister of Agriculture István Nagy held talks with Richard Takáč, Slovakia's new Minister of Agriculture and Rural Development, on Tuesday... 2024.02.07.
Employment and Real Incomes Surged in Q4 of 2023 Employment in Hungary saw significant strengthening throughout 2023, marking a turnaround from previous declines in real incomes. This positive trajectory... 2024.02.06.
Minister Encourages U.S. Companies to Reinvest Their Profits in Hungary One of the American Coca-Cola plants in Hungary The Minister of National Economy Márton Nagy gave a presentation at the... 2024.02.02.
Germany’s Woes Cast a Shadow on the Hungarian Economy The weakness of the German economy is a major challenge for export-dependent countries of Central Europe. For years, regional cooperation... 2024.01.31.
Inflation Falling Faster than Expected, yet Central Bank Stays Cautious The Monetary Council of the Hungarian National Bank (MNB) cut the base rate by 75 basis points to 10.00 percent... 2024.01.31.
The Large Number of Airbnb Apartments Brings a Tough Fight for Bookings The increase in Airbnb supply in Budapest last year exceeded the growth in foreign tourist arrivals, when overall capacity increased... 2024.01.29.
Inflation Could Fall More Sharply than Expected in January Another surprise in the inflation data cannot be ruled out after December. Consumer prices rose by 5.5% in the last... 2024.01.29.
Minister of Finance: “Disciplined fiscal policy must be continued in 2024” "Sober, moderate, and disciplined policies are crucial, and we must continue our focused fiscal policy this year," stated Minister of... 2024.01.29.
Leading European Agency Recommends Hungary for Investment The Mercedes plant in Kecskemét (central Hungary), one of the many important investments in the automotive sector Scope Ratings recommends... 2024.01.29.
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.
