Some Automotive Companies May Offer Extraordinary Raises due to Inflation and Labor Shortage Automotive companies may raise salaries during the year due to rising inflation and labor shortage, RTL News reported. The Hungarian Metalworkers'... 2022.05.17.
Trade Union Center MOSZ Calls for 15% Wage Increase to Offset Record High Inflation Wage increases amounting to at least 13-15% on average would be needed in the competitive sector in 2022 due to... 2022.05.16.
LMP Calls for Wage Compensation, Pay Rise for Public Sector Employees The green LMP party on Sunday called for immediate wage compensation and a mid-term pay rise program for public sector... 2022.05.16.
GKI Survey: Hungarians Feel Double the Record-Breaking Inflation Hungarian households felt a 22 percent increase in consumer prices around the country in April, despite real prices increasing by... 2022.05.12.
Central Bank Deputy Governor Augures “Protracted” Fight against Inflation Hungary's economy is robust, with first-quarter growth estimated over 8 percent, which could put full-year growth around 4 percent, Barnabás... 2022.05.12.
Shopping Tourism in Hungary Booming due to Weak Forint and Low Fuel Prices News site rtl.hu has put together a detailed compilation on the topic of "shopping tourism" in Hungary. Of course, this... 2022.05.12.
DK Calls on Govt, Cbank to ‘Take Responsibility for Rising Food Price’ At a time when basic necessities are luxuries for some Hungarians, the government has to take responsibility for the rise... 2022.05.11.
Hungary Annual Inflation Hits 21-Year Record in April Consumer prices in Hungary grew by an annual 9.5 percent in April, up from 8.5 percent in the previous month,... 2022.05.10.
Steep Price Increase: Inflation of Groceries around 20% The inflation rate of groceries is certainly surpassing the official inflation data. Two recent analyses detected an inflation rate exceeding... 2022.05.09.
Budapest Taxis Drastically Raising Fares The cost of taking a taxi in the capital will rise by one third from Monday, on the back of... 2022.05.09.
Hundreds of Hungarian Bakeries May Close Due to Production Costs Rising production costs must be built into the consumer prices of Hungary's bakeries, otherwise up to 400-500 may be forced... 2022.05.05.
President Áder Calls on Lawmakers to Represent National Interests President János Áder on Monday opened the inaugural session of Hungary's new parliament, calling on lawmakers to "say yes to... 2022.05.02.
Survey: Inflation to Take Away Most Wage Gains This Year While some 61% of Hungarian workers received a pay hike this year, most received a maximum of 10%, meaning that... 2022.05.02.
Press Roundup: Inflation Higher, Growth Rate Lower than Expected Economists across the political spectrum investigate the causes and possible remedies of soaring inflation. Hungarian press roundup by budapost.eu Background information:... 2022.05.02.
FinMin: Economy Still on Growth Path, With Deficit, Debt Shrinking The next four years are likely to see high growth coupled with a gradual tapering in public debt and budget... 2022.04.30.
Gov’t Approves 3.9% Pension Top-Up Hungary's government has decided to raise pensions by a further 3.9 percent from July in light of higher than expected... 2022.04.28.
PM Orbán Announces Extension of Fuel and Food Price Caps The government has decided to extend the caps on fuel and some staple foods until July 1, Hungary's prime minister... 2022.04.27.
Hungary Central Bank Raises Base Rate by 100 bp Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40 percent at their regular meeting on... 2022.04.27.
OTP Bank CEO: Gov’t Utility Price Cuts ‘Do No Good’ The Hungarian government’s utility price cuts are unsuitable, as people and businesses need to feel the burden of high energy... 2022.04.27.
Despite Record High Inflation in Hungary, Price Increase Still in Mid-range within EU Countries Although inflation in Hungary hit a 15-year-old record in March, 11 EU countries still saw a higher increase in prices,... 2022.04.22.
IMF Expects Best GDP Growth in Region for Hungary and Poland As recently as January, the International Monetary Fund (IMF) had assumed that the global economy would recover from the second... 2022.04.21.
