economy

02/01/2023

Bad news: food price rises in Hungary in the World Bank’s TOP 10 list

Hungary has been added to the list of countries with the fastest rising food prices, according to World Bank data. Check out the list and the reasons! #list #inflation #Hungary #Hungarian #prices
02/01/2023

Orbán cabinet aims to rethink the strategic sectors system

"Hungary's government aims to avoid recession in 2023" 👀
02/01/2023

Hungary’s latest Purchasing Managers Index at 63.1 points

Hungary's seasonally-adjusted Purchasing Managers Index (PMI) rose to 63.1 points in December
02/01/2023

Crowds queueing for charity food in Hungary: people struggle

Those arrived to the charity event could take home a hot lunch, tea, fruit and a food gift bag with nearly 20 items among others. #charity #Hungary #Budapest #Christmas #dailynewshungary
29/12/2022

35 percent price rise for fireworks, people may get a fine of 372 EUR

People have to pay 35 percent more for fireworks in New Year's Eve than in 2021. The National Police Headquarters announced their rules. #hungary #dailynewshungary #fireworks #newyearseve
28/12/2022

Crisis? Viktor Orbán’s monthly salary will increase extremely in 2023

The governing MPs have so far not indicated that they will change the rules on automatic pay rises because of the difficulties faced by the public. #dailynewshungary #OrbánViktor #Hungary #economy#government #salary
27/12/2022

Not the usual post-holiday sales expected in Hungarian shops this year

The post-holiday sales season is starting on 27 December, but it may not offer as many discounts as shoppers had hoped. #hungary #dailynewshungary #holiday #sales
27/12/2022

Hungarian potato will be out of the shops after January

The expert commented on the soon-to-happen potato shortage. #hungary #dailynewshungary #potato #food #shortage
26/12/2022

20 percent increase may come, consumption will not decline

Despite the 20 percent price increase, consumption will not decline during the holidays. #consumption #festive #Christmas #NewYearsEve #inflation
25/12/2022

Hungary leads EU in overall price increases

We are unlikely to keep up with the soaring inflation next year. #hungary #dailynewshungary #food #inflation #money
25/12/2022

Hungary in trouble: shortage of medicines reached the country

More than 1500 medicines are missing from Hungary. #hungary #dailynewshungary #medicines #healthcare #shortage
21/12/2022

Awkward: Only Bulgarians earn less than Hungarians in the EU

Average wages in the EU were more than EUR 30,000 last year. Not in Hungary though. #hungary #dailynewshungary #bulgaria #wages #europeanunion #eurostat #data
20/12/2022

Finance Minister explains why the Hungarian economy is strong

We have heard a lot of negative news about the Hungarian economy, here are some encouraging data from the Finance Minister:
20/12/2022

Hungarian central bank has decided on the base rate

The decision was in line with expectations:
20/12/2022

Hungary agrees in principle on the need to cut down on the use of pesticides, but…

"The European Union's proposals will lead to a fall in agricultural production and higher food prices"
19/12/2022

The effects of the rising utility costs can now be felt in the Hungarian housing market

The housing crisis is getting more severe as a lot fewer people can afford buying apartments and rather opt to wait out the inflation bubble. #dailynewshungary #Hungary #housing #property #crisis
19/12/2022

Inflation in Hungary to be even higher in 2023: it is slowing but not stopping

At present, 13-14% of the population may have daily subsistence problems. Next year, the poor will face even more severe poverty. #hungary #dailynewshungary #inflation #2023 #prices #money #poverty
18/12/2022

How did Russian sanctions affect the Hungarian economy?

How much did the sanctions against Russia really hurt the Hungarian economy, is it really that significant? #dailynewshungary #Hungary #Russia #sanctions #economy
18/12/2022

Strict restrictions at Hungarian Aldi: 1 l milk,1 kg potato can be bought at a time

The quantity restrictions apply equally to all Aldi stores in Hungary. Here are the details. #hungary #dailynewshungary #aldi #supermarket #food #drink #money #pricecap
15/12/2022

The reasons behind the housing crisis in Hungary

It has never been so hard to save money to buy our own home in Hungary. But why? Read our article to find out. #hungary #dailynewshungary #housing #crisis #property #market