Forint Strengthening below the Psychological Threshold The Hungarian forint has been strengthening steadily against the major currencies after reaching a five-month high on Tuesday. The role... 2025.03.05.
Prices of Industrial Products Up 8% In November 2024, industrial producer prices were on average 7.9% higher than a year earlier. Domestic sales prices were 3.2... 2025.01.08.
Central Bank Makes Decision on Interest Rates The Hungarian Central Bank (MNB) will not continue its easing, as the monetary council kept the base interest rate at... 2024.10.22.
Strengthening of the Forint Brings Further Drop in Fuel Prices From Friday, fuel prices will change again; therefore, both petrol and diesel cars will be able to fill up cheaper... 2024.05.16.
Middle East Conflict Leaves Its Mark on the Hungarian Economy Israel's announcement of a retaliatory strike against Iran has made investors uneasy, and last week, stock markets, including domestic ones,... 2024.04.22.
Forint Strengthens but Still More Vulnerable than Regional Currencies The Hungarian forint strengthened against the major currencies in international foreign exchange trading on Tuesday morning compared to the previous... 2023.10.24.
Foreign Trade Figures Show Significant Improvement Compared to Last Year Hungary's external trade balance continues to improve, with the value of exports in euro terms 1.5 percent lower in August... 2023.10.10.
It Is Too Early to Talk about Joining the Euro Zone, Says Finance Minister Speaking at the Tranzit Festival in Tihany on Saturday, during a discussion on the consequences of giving up the national... 2023.08.28.
Weakening of the Forint Results in Rise in Petrol Prices The last few weeks have been characterized by a steady rise in petrol prices, with no end in sight to... 2023.08.08.
Hungarian Currency, the Forint, Is 77 Years Old Today Hungary experienced the largest inflation in world history after World War II, when the currency, the pengo, lost all its... 2023.08.01.
The Year of the Forint The forint has continued to strengthen in the second quarter of 2023. In the first half of the year the... 2023.07.03.
Hungarian Currency and Stock Market Start the New Year Strong In 2022, the forint reached unprecedented lows, having risen steadily above 400 against the euro. This year might bring some... 2023.01.06.
Slovak Patients Forced to Buy Their Medicine in Hungary Because of a huge shortage of medicines in Slovakia, some people try pharmacies in Austria and Hungary, reported the news... 2022.12.12.
Average Gross Wage in Hungary HUF 497.000 in August In August, average gross earnings of full-time employees were HUF 497,200 (EUR 1207), or HUF 507,000 (EUR 1231) excluding public... 2022.10.25.
Euro-zone Shoppers the Only Winners in the Brussels-Budapest Dispute Hungary used to protect its markets from shopping-tourism during the days of communism by introducing strict border-controls both South and... 2022.10.14.
Hungarian Forint Strengthens after Central Bank Base Rate Hike Hungarian rate-setters raised the central bank's base rate by 200 basis points, to 9.75 percent, at an extraordinary meeting on... 2022.07.13.
Government Adopts EC’s Position Regarding Transfer of EU Recovery Funds The foundations of the Hungarian economy are "stable and strong" despite "difficulties reflected by the markets or the forint rate,"... 2022.07.08.
Hungarian National Bank to Raise Base Rate Next Week, Forint Strengthened on Thursday The rapid convergence of the base rate and the one-week deposit rate will be on the agenda at the next... 2022.07.08.
Hungary’s National Currency Weakens to Historic Low The forint plunged to a new historic low against major currencies on Wednesday, trading past 416 versus the euro. Meanwhile,... 2022.07.07.
Forint Plunges as PM Orbán Turns to Windfall Taxes against Banks, Large Companies The forint plunged sharply after Viktor Orbán's Wednesday announcement regarding the government's plan to introduce windfall taxes on banks and... 2022.05.26.
Hungary Records Exceptional Q1 GDP Growth but Storm Clouds Already Gathering Hungary's GDP grew by an annual 8.2% in the first quarter of the year, more than most would have expected,... 2022.05.17.
