inflation

05/07/2023

Drastic surge in fuel prices to come in Hungary from autumn

We can expect to pay more than HUF 600 (EUR 1.59) for fuel soon. This will be influenced by the increased excise tax and the weak forint. #hungary #dailynewshungary #forint #tax #fuel
05/07/2023

Brutal price rises at Hungarian summer festivals: here is what to expect

Two years ago, a pint of beer was EUR 2. Last year, you had to pay at least EUR 3.44 for the same amount. #hungary #dailynewshungary #inflation #festivals
04/07/2023

Price hike in Budapest’s historic baths today after years

From today, even with the Zsigmondy Club Card that offers great discounts, you will have to pay more if you want to visit these historic baths. #hungary #dailynewshungary #baths #spas #budapest #tourism
03/07/2023

Brutal price rises even in the cheapest aquaparks in Hungary: here are the numbers

In Hungary, 25 aquaparks are operating at full capacity. Even the cheapest establishments have seen massive price increases. #hungary #dailynewshungary #aquapark #summer #tourism
30/06/2023

Everything changes in Hungarian shops on 1 July: here is what to expect

This will mean a major help for customers! #dailynewshungary #hungary #shopping #pricecap
30/06/2023

Orbán: Government keeps making decisions that push down inflation

Orbán noted that the government had been working to combat price increases ever since inflation first took hold. #hungary #dailynewshungary #orbán #inflation
30/06/2023

Brutal weakening of the forint on the horizon: Hungarian economy remains in decline

The Hungarian economy has been through hard times recently. The latest research publication doesn't predict positive change anytime soon #dailynewshungary #hungary #inflation #economy #research #prediction #recession
28/06/2023

Hungarian EcoMin: New food price discount scheme effective

As a result of new government measures, inflation is expected to further drop to single figures before the end of 2023.... #DailyNewsHungary #Hungary #inflation #Hungariangovernment
28/06/2023

EC clears EUR 77.1 m Hungarian scheme to support agricultural, fishing, food companies

"The purpose of the measure is to support the liquidity needs of the eligible beneficiaries, currently affected by the rising inflation rates and the cost increase of gas and electricity linked to the current crisis," the EC said in a statement..... #DailyNewsHungary #Hungary #EC
27/06/2023

Panic shopping, price increases expected in Hungary after price cap abolition

The last time there was a surge in buying was at the start of the coronavirus epidemic. At that time, Hungary was the country in the European Union that saw the biggest retail boom... #DailyNewsHungary #Hungary #pricecap
26/06/2023

Minimum wage about to be raised in Hungary

Hungarian wages have fallen behind with the ever-increasing inflation. Negotiations are underway to change that soon. #dailynewshungary #hungary #wage #minimumwage #salary #increase #government #work
26/06/2023

Orbán-inflation, cost-of-living crisis, pensioners living on pennies, Socialists say

There is clearly a cost-of-living crisis in Hungary with one of the two million pensioners receiving less than HUF 160,000 (EUR 430) a month, Lajos Korózs said. #hungary #dailynewshungary #socialists #pensioners #inflation
24/06/2023

Price caps are over in Hungary: here is what to expect regarding prices

The system of price caps will be abolished in August. What comes next? #dailynewshungary #hungary #price #pricecap #groceries #shopping
23/06/2023

Turnaround in shopping: This is how the online price monitoring system will work in Hungary

Life after the price caps: mandatory in-store promotions of 15 percent, online price monitoring system... Here are the details. #hungary #dailynewshungary #money #food #shopping #inflation
23/06/2023

Here’s the central bank’s forecast on Hungarian inflation

The central bank has said disinflation is likely to quicken in the coming months, with both external and internal factors playing a part. #hungary #dailynewshungary #inflation #centralbank
22/06/2023

Hungary gross wages close to HUF 600,000 (EUR 1,600) in April

Calculating with consumer price inflation of 24.0 percent, real wages were down 6.9 percent, KSH said.... #DailyNewsHungary #Hungary #salary #statistics #KS
21/06/2023

Hungarian opposition 2024 budget ‘based on lies and false numbers’

"Even Fidesz can't hide that they have submitted a budget of price hikes to parliament," László Varjú said... #DailyNewsHungary #Hungary #Hungarianopposition
21/06/2023

Food price caps in Hungary may be extended, here are the details

According to official communication, the aim of the Hungarian government is to achieve single-digit inflation. #DailyNewsHungary #Hungary #inflation #pricecap
21/06/2023

The one-day motorway vignette is coming to Hungary

According to the Eurovignette guidelines, the price of a one-day vignette cannot exceed 9 percent of the annual entitlement... #DailyNewsHungary #Hungary #motorway #vignette
21/06/2023

Hungarian central bank wants to keep base rate low

In its statement, the Council said it was necessary to "maintain tight monetary conditions in order to achieve price stability"! #DailyNewsHungary #Hungary