Párbeszéd: Government at Root of Weak Forint, High Inflation The Hungarian government and central bank governor György Matolcsy have failed to improve the competitiveness of Hungarian companies and have... 2021.07.25.
Finance Minister: Brussels ‘Could Not Thwart’ Hungarian Economy Brussels "could not thwart the Hungarian economy even if it wanted to", Finance Minister Mihály Varga said in an interview... 2021.07.12.
Hungary Inflation Spike Continues in June Hungary's annualized consumer price index rose to 5.3 percent in June, continuing to spike after reaching 5.1 percent in both... 2021.07.08.
Forint Strengthens After Central Bank Raises Base Rate to Battle Inflation Hike The central bank will have to further raise the base rate in the near future if it wants to reach... 2021.06.23.
National Bank Raises Base Rate for First Time in a Decade The Monetary Council of the National Bank of Hungary (NBH) decided to raise the central bank base rate by 30bp... 2021.06.22.
Central Bank Head Warns 2022 Overspending Could Fuel Inflation National Bank of Hungary (NBH) governor György Matolcsy said he believes the 5.9-percent-of-GDP deficit target in the 2022 budget is... 2021.06.21.
Orbán Announces Huge Minimum Wage Increase, but Still Among Lowest in EU In the past days, Prime Minister Viktor Orbán has talked about one of the government's major new goals to raise... 2021.06.12.
DK: Stable, Strong Forint Needed The opposition Democratic Coalition (DK) will work swiftly to ensure a stable and strong Hungarian currency should it be elected... 2021.06.10.
Orbán: Low-earning Parents Could Reclaim 2021 PIT if Economic Growth Reaches 5.5% Monetary policy is set to shift towards a more hawkish stance as early as June, with a possible hike in... 2021.06.09.
Significant Price Hikes Expected in Hospitality Amid a labor shortage, high inflation rate, and ever growing food prices, those working in the hospitality sector expect considerable... 2021.05.23.
Hungary’s April Inflation Rate Highest in EU The annual inflation rate in Hungary soared to 5.2 percent from 3.7 percent the previous month. This is the highest... 2021.05.20.
National Bank Policy Makers Could Weigh Rate Hike in June The Monetary Council of the National Bank of Hungary (MNB) could consider raising the base rate at a policy meeting... 2021.05.17.
Press Roundup: Ruminations on Life after Covid As the third wave of the coronavirus passes its peak, the number of infections declines and the vaccination rate passes... 2021.04.19.
National Bank: Inflation Rise Expected to Be Temporary Hungary's inflation rise is expected to be temporary, with annual inflation coming to 3.8-3.9 percent in 2021, András Balatoni, the... 2021.03.25.
National Bank Raises 2021 GDP Forecast to 4-6% The National Bank of Hungary (MNB) expects Hungary's GDP to grow by 4-6 percent this year, forecasts from its latest... 2021.03.24.
Hungary Inflation 3.1% in February Annual inflation in Hungary was 3.1 percent in February, the Central Statistical Office (KSH) said on Tuesday. Inflation grew at... 2021.03.09.
Hungary Food Prices Increase by 3.9 pc in a Year Hungary's annualised consumer price index was 2.7 percent in January, unchanged for the third month in a row, data released... 2021.02.12.
National Bank: ‘Significant Uncertainty’ for Economic Outlook National Bank of Hungary (MNB) policymakers noted at a monthly policy meeting in January the recovery in the industrial and... 2021.02.10.
Retail Sales Fall 3.2% in December, Edge Down 0.2% for Year Retail sales in Hungary fell by annual 3.2 percent in December, the Central Statistical Office (KSH) said on Thursday. Adjusted... 2021.02.04.
Central Bank Keeps Base Rate on Hold at 0.60% Hungarian central bank (MNB) rate-setters on Tuesday kept the base rate on hold at 0.60 percent and also decided to... 2021.01.26.
Central Bank Sees GDP Shrinking 6.0-6.5% This Year The National Bank of Hungary (NBH) expects the economy to contract between 6.0 percent and 6.5 percent this year, forecasts... 2020.12.15.
