Changes within Industrial Sector Can Have a Positive Effect in Competing with Inflation It has been two and a half years since producer prices in industry last increased at such a low rate,... 2023.08.01.
Online Price Monitoring System Seems to Be a Huge Success More than 650,000 people have visited the online price monitoring website since its launch on July 1, the President of... 2023.07.31.
PM Orbán: Multinational Companies Are Behaving Like Speculators Viktor Orbán gave an interview to Radio Kossuth on Friday morning, where he touched on issues such as inflation, the... 2023.07.28.
The Judicial Reform Is Ready, There Should Be No Obstacles to EU Payments – UPDATED In addition to the bad news, there was also good news from Brussels yesterday: negotiations with the European Parliament on... 2023.07.27.
The Market Should Determine the Exchange Rate The most important task for Hungary is to bring inflation down to single digits, restore economic growth, and put it... 2023.07.26.
Economy to Return to Growth This Year, Says Finance Minister Although the outlook for Europe is not favorable at the moment due to the prolonged war and sanctions, the Hungarian... 2023.07.21.
Impressive Salary Growth Despite Inflation The average gross salary in a national industry in Hungary has exceeded HUF 1 million (EUR 2,681) for two consecutive... 2023.07.17.
Fitch Affirms Its Investment Grade Rating on Hungary Fitch Ratings has affirmed Hungary's long-term foreign-currency issuer default rating. The international rating agency said it expects the Hungarian economy to... 2023.06.26.
“Allow Us to Choose Who We Want to Live With”, Says Viktor Orbán The situation in Ukraine is more serious than ever, Prime Minister Viktor Orbán said on Radio Kossuth's Good Morning, Hungary... 2023.06.16.
Happy Borrowers: Further Interest-Rate Cuts on the Horizon After the Hungarian Central Bank cut its one-day deposit rate by 100 basis points (1%) to 17% in May, it... 2023.06.13.
Inflation Has Visibly Declined on Monthly Basis Inflation has declined "visibly" on a monthly basis for the first time since November 2020, Minister of Economic Development Márton... 2023.06.08.
Life After EU Funds. The Solution is in Supporting the Local Economy. The Hungarian economy needs to transition to an existence without EU funds, Minister of Economic Development Márton Nagy told the... 2023.06.07.
Mandatory Promotions in Supermarkets Seem to be Effective Based on the experience of the first day, the mandatory promotions for supermarkets launched on June 1 are working. Some... 2023.06.05.
Mandatory Promotions Start at Supermarkets The new measure came into force in Hungary on June 1, with supermarkets being obliged to advertise promotions. According to... 2023.06.02.
Pro-Peace MEP’s Must be Elected to the European Parliament, Says Viktor Orbán "60 is not bad, but 70 will be even better", states the Prime Minister's own birthday message In his usual... 2023.06.02.
Banking System Resilient, but Profits Expected to Fall The Hungarian banking system has entered the current complex and challenging period with a stable, strong capital position and substantial... 2023.05.26.
Monetary Policy Normalization by Central Bank of Hungary in Progress Managing the transition from rate hikes to rate cuts without market shocks is usually a tricky task for central banks.... 2023.05.25.
According to Central Bank Governor, Normalization of Interest Rates Is Underway The Monetary Council of the Central Bank (MNB) started normalizing monetary policy on Tuesday, György Matolcsy said, after the Monetary... 2023.05.24.
Positive Forecasts for the Hungarian Economy The European Commission expects Hungarian inflation to fall to 4 percent next year, and the European Bank for Reconstruction and... 2023.05.16.
Mandatory Special Offers Coming to Supermarkets People do not buy everything in one place, so compulsory special offers on certain goods will help reduce food inflation,... 2023.05.10.
“Beach Inflation:” 40 Percent Increase in Ticket Prices After repeated and gradual price increases, beach tickets for the high season will be 40 percent more expensive on average... 2023.05.09.