Tourism Remains the Sector Most Resistant to the Economic Slowdown in September In September 2023, the Tourism Business Cycle Index stood at -3 (on a scale of -100 to +100), indicating that... 2023.10.11.
Intrum: After Upward Trend, Solvency of Hungarian Population Has Declined The value of the Intrum solvency index declined significantly in the second quarter of this year, with the indicator of... 2022.07.26.
Some Affected Companies Likely to Pass Government’s Windfall Taxes to Consumers, New Analysis Finds A new report by left-leaning economic think-tank GKI finds that despite prior promises from the Hungarian government, a significant share... 2022.06.14.
Hungary’s Generous State Support for Home Improvement Remains Popular The popularity of Hungary’s generous home renovation support for homeowners remains high, according to a recent survey. In the past... 2022.06.09.
GKI CEO on Govt’s Windfall Taxes: ‘No Such Thing as Extra Profit’ According to the CEO of GKI Economic Research Zrt., there is no such thing as extra profit, and he does... 2022.05.27.
GKI Survey: Hungarians Feel Double the Record-Breaking Inflation Hungarian households felt a 22 percent increase in consumer prices around the country in April, despite real prices increasing by... 2022.05.12.
Average Wage in 87% of Municipalities Fails to Reach Nat’l Average, GKI Says In 2020, the average net wage was only HUF 210,585 (EUR 551), about HUF 58,000 lower than reported by the... 2022.05.03.
Hungary’s Budget Deficit Reaches Record High amid Russia-Ukraine War The Orbán government accumulated a HUF 1,585 bn (EUR 4.3 bn) deficit in the month of February, Hungary’s biggest February,... 2022.03.30.
Hungarians’ Consumer Confidence Plummets Over War in Ukraine After three months of growth, the consumer confidence of Hungarians plummeted to 2021 levels this March, hvg.hu reports in accordance... 2022.03.17.
There’s a Village in Hungary with a Capital Income of HUF 7 Million Per Resident The 164 residents of the tiny village of Somogycsicsó in southwestern Hungary earned the highest capital income last year with... 2022.02.21.
Supply Bottlenecks and Price Increases during Christmas Season As a result of the lack of supply from Asia and slower international maritime transport, one can expect supply bottlenecks... 2021.12.17.
