OECD Improves Growth Forecast for Hungarian Economy The Organization for Economic Co-operation and Development (OECD) raised Hungary's economic growth forecast for this year to 6.0 percent from... 2022.11.23.
Hungarian Real Wages Fall the Least Among Visegrad Countries Real wages in the Czech Republic will fall by 8.3 percent this year due to high inflation. Of the four... 2022.11.21.
More Products to Be Subject to a Price Freeze in Hungary The government has decided to extend the price freeze to fresh eggs and potatoes until the end of the year,... 2022.11.10.
Government Official Accuses the EU of Undermining European Economy The sanctions policy formulated in Europe in response to the war has created high inflation, an energy crisis and the... 2022.11.07.
Hungarian Government Takes New Measures to Fight ‘Sanctions Inflation’ The Hungarian government intends to take action against sanction-caused inflation in coordination with the central bank. It has therefore decided... 2022.10.24.
Analysts: Inflation Still Far from Peak in Hungary Consumer prices rose 15.6% in August, breaking another 24-year record in Hungary. Food prices were the most affected by the... 2022.09.09.
Hungarians Look for Cheaper Products in Shops July retail trade data suggests that households have started to adjust to the tighter economic environment and that consumption in... 2022.09.06.
Base Rate Rises Again in Hungary amid Turbulent Global Economy The Hungarian National Bank (Magyar Nemzeti Bank, MNB) is significantly tightening monetary liquidity, announced Vice President Barnabás Virág. He said... 2022.08.31.
Upward Course of Real Wages Unbroken for 113 Months Real wages continued to increase despite the pandemic, according to the Ministry of Technology and Industry. Analysts say the full-year... 2022.07.26.
‘Tusványos’ – Slowdown of Economy, Agricultural Self-Sufficiency, and Minority Rights Analyzed by Speakers of Free University Lectures on the expected economic recession, the importance of agricultural self-sufficiency, and minority rights were held at the 31st Bálványos... 2022.07.22.
Hungarian 2022 GDP Growth Could Be Almost Double That of EU Average Amid all the doom and gloom of the pandemic- and war-strikken EU economy, there is a glimmer of hope in... 2022.07.17.
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.
The Massive Rise in Budapest Rental Prices Further Accelerates The steep rise of rental prices in Budapest has further accelerated this year, Rentingo.com reports. Compared to the same period... 2022.07.11.
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.
Prime Minister Orbán: Only Way to End War Inflation Is to End the War The only way to end wartime inflation is by putting an end to the war, Prime Minister Viktor Orbán told... 2022.07.01.
Hungarian Central Bank Decides on Massive Rate Hike At a monthly policy meeting on Tuesday, policymakers of the National Bank of Hungary (NBH) raised the base rate by... 2022.06.29.
Viktor Orbán: Hungary Supports Ukraine’s EU Membership, Rejects Further Sanctions "We say 'yes' to Ukraine's membership in the European Union, we say 'yes' to peace but we say 'no' to... 2022.06.24.
Balaton Restaurants Optimize Work for a Favorable Tourist Season Tourism at Lake Balaton is off to a good start this year, according to Balázs Csapody, owner of the Little... 2022.06.17.
Government to Decide on All Price Caps by Mid-June The Hungarian government will decide on the renewal of all price caps by mid-June, Gergely Gulyás wrote on Facebook. This... 2022.06.07.
DK Drafts Proposals on Helping People Struggling with Inflation The opposition Democratic Coalition (DK) has drafted proposals to help families and vulnerable people cope with high inflation, László Varju,... 2022.05.27.
PM Orbán: Responsible, ‘Feisty’ Government Needed Hungary needs a feisty, responsible government that unites the country while showing the necessary strength, Prime Minister Viktor Orbán said... 2022.05.24.
