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.
Recession Is Over: Economic Performance Improves In the third quarter of 2023, Hungary's GDP declined by 0.4 percent based on raw data and by 0.3 percent... 2023.11.15.
Inflation Back to Long-Anticipated Single Digit The Minister responsible for the Prime Minister's office Gergely Gulyás had informed at the Government Info regular press conference that... 2023.11.09.
Forint Strengthens but Still More Vulnerable than Regional Currencies The Hungarian forint strengthened against the major currencies in international foreign exchange trading on Tuesday morning compared to the previous... 2023.10.24.
Economic Sovereignty of EU Countries Must Be Preserved, Says Finance Minister A new way of dealing with increased budget deficits and debt levels must be developed in the European Union, but... 2023.10.18.
We Will Never Permit Pro-Terror Demonstrations, says Viktor Orbán In a radio interview on Friday, Prime Minister Viktor Orbán called the terror attack unacceptable, adding that Hungary is on... 2023.10.13.
IMF Maintains Its Previous GDP Predictions IMF building at night. Photo: IMF/ Facebook. In its latest quarterly prognosis, the IMF maintains its previous forecast of 3%... 2023.10.11.
Inflation Expected to Slow to 7-8 Percent by the End of the Year The consumer price index will fall to 7-8 percent by the end of the year, and the disinflationary impact will... 2023.09.29.
Intense Debate on Inflation at the Start of Economists’ Meeting Governor of the Hungarian National Bank György Matolcsy, the Minister of Finance Mihály Varga, and the former Governor of the... 2023.09.22.
The EU Wants to Interfere in the Hungarian Budget, Minister Says Although the war and sanctions crisis is putting extraordinary strain on budgets, deficits and public debt are being steadily reduced,... 2023.09.18.
Viktor Orbán: “I will do my utmost to dissuade Ukrainians from increasing transit fees” Viktor Orbán was a guest on Kossuth Radio's morning show on Friday, where he touched on the most important political... 2023.09.15.
Ukrainian Pipeline Transit Fee Worsens Inflation, Says Minister Gulyás On Wednesday, Government Spokeswoman Alexandra Szentkirályi and Gergely Gulyás, the Minister heading the Prime Minister's Office, held a Government Info... 2023.09.14.
Positive Rating from Moody’s Confirms a Stable Outlook Despite the war and sanctions, Moody's continues to recommend Hungary for investment. In its latest report, the international rating agency... 2023.09.04.
