Hungary Among the Cheapest EU Countries for Food Prices Eurostat has published a detailed study on food prices in Europe. It reveals that Hungary has one of the lowest... 2023.08.16.
Economic Performance Still Weak, but Worst is Behind Us The Hungarian economy will return to growth in the second half of the year, and next year it could perform... 2023.08.16.
Agriculture Can Be the Savior of Economy Although last year's high base caused GDP to fall on an annual basis, on a quarterly basis it is now... 2023.08.15.
Inflation Finally Drifting Back to Normal Inflation in Hungary slowed to 17.6% in July this year (compared with July 2022. Previous inflation in June: 20.1%, year-on-year).... 2023.08.08.
Bigger Than Expected Interest in Summer Student Work Program There is huge interest in the summer student work program, the number of participants exceeded 28,200 against the planned 26-27,000,... 2023.08.03.
Online Price Monitoring System Seems to Be a Huge Success More than 650,000 people have visited the online price monitoring website since its launch on July 1, the President of... 2023.07.31.
Prime Minister Orbán Accuses the EU of Conducting Population Replacement Viktor Orbán and former Reformed Church Bishop László Tőkés (R) on the main stage in Tusványos. The balance of power... 2023.07.22.
European Commission Extends Restrictions on Ukrainian Cereals The European Union has extended the restrictions on imports of grain from Ukraine, specifically wheat, maize, rapeseed, and sunflower seeds... 2023.06.06.
“The European Commission Has No Say” in Matters of Domestic Utility Price Caps Finance Minister Mihály Varga (L) and Gergely Gulyás, Minister of the Prime Minister's Office. The Minister of Finance called the... 2023.05.25.
Healthcare to be a Driving Sector of the Economy GDP data came as a rather pleasant surprise, but were basically close to market expectations. In services, growth was mainly... 2023.05.17.
Kyrgyz Lamb to Burst onto Hungarian Restaurant Scene Hungarian company Matusz-Vad will soon start buying lamb's meat from Kyrgyzstan for Hungarian hotels and restaurants, and future plans include... 2023.05.09.
Japanese Credit Rating Agency Recommends Hungary for Investment Despite the dangerous international environment, Japan's R&I credit rating agency has affirmed Hungary's BBB+ rating, the Finance Minister announced on... 2023.05.02.
PM Orbán Meets Chairman of China Construction Bank Prime Minister Viktor Orbán (R) and Chairman of the China Construction Bank Tian Guoli at the Carmelite monastery Prime Minister... 2023.04.20.
Pay Increases Handed Out Despite Economic Difficulties In January, 18 out of 19 industries saw their earnings growth rates exceed 10 percent, and two even crossed the... 2023.04.12.
Mergers and Acquisitions Market Expands to 10-year High in 2022 2022 was the most active corporate transaction period of the past 12 years in Hungary in terms of number and... 2023.04.04.
Economic Cooperation the Pillar of US-Hungarian Relations Economic cooperation is currently the best-functioning pillar of relations between the United States and Hungary, and the government is counting... 2023.04.04.
Government Aims to Achieve Electricity Sovereignty by 2030 Hungary could cover its entire electricity needs from its own resources by 2030, including the electricity needs of new industrial... 2023.03.31.
Geopolitical Blocs Are in Contrast with European Interests, Says Foreign Minister One of the main negative consequences of the war in Ukraine is that the world has once again embarked on... 2023.03.30.
Hungarian Banking System Is Strong, Says Finance Minister The Finance Minister spoke in Cluj-Napoca (Kolozsvár, Romania) on the state and future of the Hungarian economy and banking system.... 2023.03.16.
“Butter-wars” a Turning Point in Inflation Inflation in Hungary may have peaked, as the rate of consumer price inflation slowed, albeit slightly, in February, after 25.7%... 2023.03.07.
European Union Is Interfering in Economic Competition, Claims Finance Minister EU Commissioner Vera Jourová has been at the center of the political attacks against the Hungarian government recently and is... 2023.02.27.