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.
PIT Exemption of Under-25s in Hungary to Affect More Than Previously Thought In January, Prime Minister Viktor Orbán announced that from 2022 onwards, young Hungarians under the age of 25 will not... 2021.04.15.
14 Counties in Hungary are Below National Average Net Income In 2019, the average gross monthly salary in Hungary amounted to HUF 295,000 (EUR 825), equivalent to an average net... 2021.01.20.
How Would Coronavirus Affect Hungary’s GDP? Opinions Range from -7 to +2 Like early May expectations, analysts are rather divided about the extent of the economic recession caused by the coronavirus pandemic.... 2020.06.26.
Lockdown Spurs Online Shopper Growth About 50,000 Hungarians became active online shoppers between the middle of March and the end of April, when lockdown measures... 2020.05.08.
Hungarian GDP in 2020: Here are the Predictions The growth of the Hungarian economy reached its peak in 2019. According to several economic predictions, the growth rate is... 2020.01.03.
GKI Raises 2019 GDP Growth Forecast to 4 pc Economic research institute GKI has raised its projection for this year's GDP growth to 4.0 percent on the strong first-quarter... 2019.06.03.
