Extension of Food and Fuel Price Caps Also Has a Price As we have previously reported, Prime Minister Viktor Orbán announced the extension of the food and fuel price cap on... 2022.04.28.
Hungary March Annual Inflation 8.5 % Consumer prices in Hungary grew by an annual 8.5 percent in March, the worst inflation figures in Hungary in 15... 2022.04.08.
Inflation Likely to Rise Dramatically from May After the 2022 parliamentary elections, the lifting of the price cap on food and fuel would lead to a surge... 2022.03.29.
Central Bank Points to ‘Strong’ Influence of War on Economic Activity in Inflation Report The National Bank of Hungary (NBH) acknowledged the country's "dynamic" economic growth early in the year, following a record expansion... 2022.03.26.
Fidesz: Opposition Danger to Hungarian Livelihoods Hungary's opposition alliance is jeopardising the security of the Hungarian public by making "irresponsible remarks" in connection with the war... 2022.03.24.
Gas Station Owners Consider Constitutional Complaint against Price Cap Hungary's smaller gas station owners are considering filing a constitutional complaint against the Hungarian state over the HUF 480 fuel... 2022.03.17.
Inflation Reaches 15-Year High in February Consumer prices were 8.3 percent higher in February 2022 than a year earlier, breaking another 15-year record after 7.4 percent... 2022.03.09.
Gov’t Caps Petrol and Diesel Price for Wholesalers The government is capping the wholesale price of petrol and diesel at 480 forints (EUR 1.3) a liter as of... 2022.03.01.
Forint Weakening Led to Drastic Price Increase on Hungarian Car Market The weakening of the Hungarian forint (HUF) has led to unprecedented price increases on the Hungarian car market, even by... 2022.02.24.
National Bank: Inflation in February Could Be Close to 8.5 percent Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40 percent at a regular policy meeting... 2022.02.23.
Price Hikes to Come for Budapest Baths; Renovation of Gellért Starts in Summer The Budapest Spa and Thermal Bath closed the period of the coronavirus epidemic with a deficit of about HUF 22... 2022.02.19.
Taxi Tariffs in Budapest to be Raised Soon Pointing to inflation, increased fuel and car prices, Budapest taxi drivers want to hike their kilometer fare up by more... 2022.02.17.
Huge Price Increases Predicted in Hungarian Restaurants Increasing labor shortage, rising wages, and increasing raw material and energy costs are leading to great difficulties for the hospitality... 2022.02.16.
Some Gas Stations Only Allow 10 Liters of Fuel per Customer As many as one in two businesses in Hungary could close their gas stations after the government extended the gasoline... 2022.02.15.
Inflation Keeps on Growing: January Data Highest in 15 Years Consumer prices in Hungary rose by 7.9 percent year-on-year in January, climbing from 7.4 percent in the previous two months,... 2022.02.11.
Buying a Garage Proves to Be One of Top Investments With property buyers pushing towards the car boom and the agglomeration of homes, garages have appreciated in value, and anyone... 2022.02.11.
Housing Prices in Budapest Agglomeration Up by a Third in One Year The popularity of the Budapest agglomeration remains unbroken despite the sharp rise in prices, Portfolio reports. Plot prices of up... 2022.02.10.
Budapest Seventh Most Expensive City to Live in Central and Eastern Europe Numbeo has published a list of Central and Eastern European countries, which includes the everyday cost of living in cities... 2022.02.10.
Taxi Drivers Demonstrate for Fare Rise Around 200 taxi drivers drove their cars around Heroes' Square in Budapest on Wednesday, to draw attention to their demands... 2022.02.03.
IKEA Also Hikes Prices in Hungary Due to disrupted supply chains, higher transport costs, and higher prices for wood, metal, and foam, price increases in IKEA... 2022.01.18.
Supply Bottlenecks and Price Increases during Christmas Season As a result of the lack of supply from Asia and slower international maritime transport, one can expect supply bottlenecks... 2021.12.17.
