Domestic Inflation Remains below the Regional Average Recent data from the Hungarian Central Statistical Office shows that the trajectory of inflation in Hungary has continued its downward... 2024.04.12.
Food Prices Could Rise at a Slower Pace than Inflation this Year The rise in food prices is no longer pushing up inflation this year, but holding it back, claim analysts at... 2024.04.04.
February Inflation Remains Median of Regional Average Inflation in February was higher in almost all neighboring countries than in Hungary, according to recently published Eurostat data, reports... 2024.03.19.
Hungarian Price Monitoring System May Be Used in Slovakia One of the strong campaign themes of the Slovak early parliamentary elections on September 30, 2023, was to curb the... 2024.03.14.
Hungary Records Largest Wage Increase in the Last Decade A recent study shows that Hungary has seen the biggest wage increase in the last ten years, reports Világgazdaság. In... 2024.03.14.
New Regulation Introduced to Combat “Shrinkflation” A new measure on trade came into effect on March 1, regulating that shops with a turnover of over HUF... 2024.03.01.
Statistical Office Develops More Accurate Way to Measure Inflation Inflation calculations play a critical role in understanding the economic landscape of any country, and Hungary is no exception. The... 2024.02.19.
International Recognition Received for Effective Debt Management Finance Minister Mihály Varga announced on his social media page that Hungary has won the International Financing Review's (IFR) 2023... 2024.02.07.
Germany’s Woes Cast a Shadow on the Hungarian Economy The weakness of the German economy is a major challenge for export-dependent countries of Central Europe. For years, regional cooperation... 2024.01.31.
Inflation Falling Faster than Expected, yet Central Bank Stays Cautious The Monetary Council of the Hungarian National Bank (MNB) cut the base rate by 75 basis points to 10.00 percent... 2024.01.31.
Inflation Could Fall More Sharply than Expected in January Another surprise in the inflation data cannot be ruled out after December. Consumer prices rose by 5.5% in the last... 2024.01.29.
Minister of Finance: “Disciplined fiscal policy must be continued in 2024” "Sober, moderate, and disciplined policies are crucial, and we must continue our focused fiscal policy this year," stated Minister of... 2024.01.29.
Leading European Agency Recommends Hungary for Investment The Mercedes plant in Kecskemét (central Hungary), one of the many important investments in the automotive sector Scope Ratings recommends... 2024.01.29.
Inflation in Hungary Lowest among Visegrad 4 Countries The end of 2023 was much better than expected in terms of inflation. Not only did domestic inflation end up... 2024.01.18.
Despite Falling Inflation, Consumer Confidence Slowly Growing It will be worth watching the coming months for retailers, as December will see higher sales at the end of... 2024.01.09.
Minister of National Economy Forecasts Inflation between 5-6% in 2024 Economic growth could be around four percent this year after the recovery from the recession began last year, Minister of... 2024.01.04.
Inflation Falls to 7.9 Percent In November 2023 consumer prices were 7.9% higher on average than a year earlier. Compared with October, prices generally remained... 2023.12.08.
Monetary Council Cuts Base Interest Rate At their November meeting, the Monetary Council of the Hungarian National Bank (MNB) decided to cut the base rate by... 2023.12.07.
Price of Next Year’s One-Day Motorway Vignette Revealed János Lázár has revealed the most important details about the one-day motorway vignette to be introduced next year, Világgazdaság reports.... 2023.11.21.
Salaries Could Rise as Early as December: Minimum Wage to Increase by 15% An agreement was reached at Wednesday's meeting of the Permanent Consultative Forum between the industry and the government. The parties... 2023.11.17.
Nearly HUF 3 Billion Automotive Supplier Development Program Launched A nearly HUF 3 billion (EUR 8 million) automotive supplier development program is being launched to increase the share of domestic suppliers,... 2023.11.16.
