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.
Párbeszéd: Annual Pension Raise Insufficient to Support Low-income Pensioners The opposition Párbeszéd party on Friday said the annual pension increase was "grossly insufficient" to support low-income pensioners hit hard... 2020.12.11.
Gov’t State Bond Reaches Milestone but Popularity Waning The Hungarian Government Securities Plus (MÁP Plusz) bond, often named 'super bond' for its exceptional interest rate, has reached another... 2020.11.10.
As Forint Weakens, Central Bank Profits Rise In the first half of the year, the National Bank of Hungary posted profits of HUF 217.2 billion, four times... 2020.10.06.
Wages of Public Workers to be Raised Next Year for the First Time Since 2017 During an interview on Sunday, Prime Minister Viktor Orbán said that "the wages of public workers will certainly have to... 2020.09.30.
Is the Heyday of the Government’s ’Super Bond’ Coming to an End? As a result of high inflation caused in part by the effects of the coronavirus pandemic, the Hungarian Government Security... 2020.09.29.
Hungary’s Central Bank Raises Interest Rate After All to Temper Inflation Despite the Monetary Council of the National Bank of Hungary keeping the base rate steady at 0.60% on Tuesday, the... 2020.09.25.
Negative Growth and Higher Inflation Predicted by Hungary’s National Bank in Revised Forecast The National Bank of Hungary now expects the economy to contract between 5.1 and 6.8% this year and annual inflation... 2020.09.24.
Hungarian Food Prices Increase the Most in the EU Since July, Hungary has registered the highest inflation rate in Europe. Among the data, the Hungarian food price increase is... 2020.09.23.
Forint Falls Further as Hungary’s Central Bank Holds Interest Rates Steady In line with analysts’ expectations, the Monetary Council of the Central Bank of Hungary decided to keep the base interest... 2020.09.23.
Headline Inflation 3.9% in August, Food Prices Increase by 7.9% Hungary's annual consumer price index rose to 3.9 percent in August from 3.8 percent in July, boosted by higher food... 2020.09.09.
Hungary Inflation 2.9% in June Hungary's consumer price index increased by an annual 2.9 percent in June, the Central Statistical Office (KSH) said on Wednesday.... 2020.07.08.
Finance Minister Projects Healthy Growth in 2021 The government expects healthy economic growth of 4.8% next year and moderate inflation of 3%, Finance Minister Mihály Varga told... 2020.06.10.
Hungary Inflation 2.2% in May, says Central Statistical Office Hungary's consumer price index increased by an annual 2.2 percent in May, the Central Statistical Office (KSH) said on Tuesday.... 2020.06.09.
Gov’t Targets Economic Growth of 4.8% in 2021 The government's 2021 budget bill targets annual economic growth of 4.8 percent, Finance Minister Mihály Varga said, presenting the bill... 2020.05.26.
Food Prices Up by 8.7 % in April, says Central Statistical Office Hungary's annual consumer price index dropped to 2.4 percent in April from 3.9 percent in the previous month, the Central... 2020.05.08.
IMF Forecasts Hungary Economy Contracting 3.1% in 2020 The International Monetary Fund (IMF) projects Hungary's economy will contract by 3.1 percent this year in its latest World Economic... 2020.04.14.
Hungary Inflation Falls to 3.9% in March, says KSH Consumer price inflation in Hungary slowed to 3.9 percent in March, falling back into the +/- one-percentage-point tolerance band around... 2020.04.08.
Forint Reaches Another Negative Record at 369.59 against Euro The forint continues to nosedive yet again this week, breaking another historic record: on Wednesday early afternoon the currency dropped... 2020.04.01.
