Brussels not Helping in Fight against Inflation, Foreign Minister Contends Instead of a reasonable approach, the EU is still pushing sanctions, according to the Foreign Minister. Péter Szijjártó stated that... 2023.02.17.
Why Does Hungarian Salami Cost More at Home Than Abroad? Pick's Original Wintersalami is one of Hungary's trademarks, but the well-liked product is coming with a high price tag in... 2023.02.07.
We Will Avoid Recession in 2023, Says Economy Minister Despite the intensified economic challenges, recession should be avoided, and the Hungarian government aims to achieve 1.5 percent growth in... 2023.01.25.
Central Bank Governor Calls for Anti-inflation Measures Inflation must be reduced as quickly and permanently as possible, according to the Governor of the Hungarian National Bank (MNB).... 2023.01.20.
Phone Tariffs to Follow Steep Inflation Curb This year Magyar Telekom and Vodafone are both implementing inflation-linked tariff increases. Magyar Telekom told MTI that due to inflationary... 2023.01.18.
Government to Fund Erasmus Scholarships if No Agreement with EU If the Erasmus scholarship negotiations with the European Union do not lead to a result, the government will pay the... 2023.01.13.
Orbán: the Government Will Not Budge on Children’s Education or Migration During his customary Friday interview on public broadcaster Radio Kossuth, Prime Minister Viktor Orbán said that we will look back... 2023.01.13.
Croatia Sees Price Hikes with Introduction of the Euro Retail chains are raising prices month after month and now they are trying to deceive consumers on the euro exchange... 2023.01.04.
Hungarian Workers’ Wages Are Unequally Rising The economic situation is not easy around the world, but especially in Europe, and Hungary is feeling the effects. An... 2022.12.29.
Public Debt Could Decrease Next Year The draft amendment to next year's budget has been approved by the Fiscal Council, but they also warn of risks,... 2022.12.28.
Central Bank Foresees Significant Inflation Decline Inflation will fall sharply from the second half of next year, and a "rapid rebound" of slowing economic growth is... 2022.12.23.
Single-digit Inflation Towards the End of 2023 Global inflation has started to decline, inflation is past its peak and consumer price growth in Hungary could return to... 2022.12.21.
Inflation Half-a-Percent above Expectations Although experts had previously expected inflation to rise to 22 percent, it rose from 21.1 percent in October to 22.5... 2022.12.08.
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.
