Tag "gazdaság"

Magyar Bankholding: Economic performance may start to increase this year

By the end of 2023, inflation may be in the single digits, the annual average is expected to be around 17.5 percent, according to Magyar Bankholding’s recent macroeconomic analysis. The...

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GFM: the average salary already exceeds HUF 560,000

According to the latest data of the Central Statistical Office for November 2022, the increase in wages continued. In November last year, the average gross wage was HUF 563,600, i.e....

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The government can discuss the elimination of the food price cap as early as this week

Agricultural economist György Raskó announced on Klubrádio that he knows that “the government will discuss this issue” as early as Wednesday. In the budget committee on Monday, when he reported...

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Monetary advice: Food prices fall to pre-Russian-Ukrainian war levels

The long-term maintenance of strict monetary conditions is necessary, which ensures the anchoring of inflation expectations and the achievement of the inflation target in a sustainable manner – the Monetary...

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The GVH launched an accelerated sectoral investigation on the milk market

The Economic Competition Authority has launched an accelerated sectoral investigation on the milk and milk product market. According to the organization’s suspicions, the restriction or distortion of competition may have...

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The 2023 budget was submitted to the parliament

The Ministry of Finance’s announcement, in which they write about the details of the decree amendment of the 2023 budget, emphasizes the protection of families and workplaces and the preservation...

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There is a big problem with Hungarian bread

There is serious confusion on the domestic grain market, is Hungarian bread still Hungarian? So far, more than 1.3 billion tons of grain and oilseeds of dubious quality – of...

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OPEC improved its estimate for the growth of the world economy last year

OPEC slightly improved its estimate of last year’s GDP growth in the world economy, but did not change its forecast for this year in the January edition of its regular...

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GVH launched a competition law podcast series

The new podcast series of the Economic Competition Office (GVH) strengthens businesses’ knowledge of competition law and consumers’ conscious decisions with the latest topics, easy-to-understand analyzes and professional interesting facts....

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You can also apply for the “Protection of the Environment” award this year

“For the Protection of the Environment” Award 2022 is the award of the Association of Environmental Protection Services and Manufacturers, the professional recognition of the Hungarian environmental industry since 2001....

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Nestlé will create 250 new jobs in Bük with an investment of HUF 140 billion

With a HUF 140 billion capacity expansion investment, Nestlé Hungária Kft. will create 250 new jobs at its Büki site, Minister of Foreign Affairs and Trade Péter Szijjártó announced on...

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Inflation accelerated to 24.5%

Significantly below expectations, inflation jumped to 24.5% in December, which was primarily caused by the cancellation of official fuel prices, but the rise in food prices also continued to accelerate....

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Despite rising food prices, the German economy “held up well”

According to the first estimate of the German statistical office, the German economy grew slightly more than experts expected last year mainly due to the positive consequences of the catch-up...

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From Sunday, you can only pay in euros in Croatia

Croatia joined the Eurozone on January 1st, and after the two-week transition period, payments can only be made in euros in the country from Sunday, wrote the Croatian daily Vecernji...

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This is what macroeconomic analysts think about the future of food price caps

While László Parragh spoke about the effects of the introduction of price stops, several analysts planted interesting seeds of thought on the topic. “The price caps must be removed as...

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The proportion of unpaid invoices in the Hungarian economy has doubled

Last year, 5 percent of business-to-business (B2B) invoices remained unpaid in Hungary. In 2021, this was barely more than 2 percent. Among other things, this is stated in Atradius’s analysis...

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László Parragh: The introduction of price caps must be planned slowly

The president of the Hungarian Chamber of Commerce and Industry spoke in an interview with Magyar Nemzet – which was seen by napi.hu – that the price caps will soon...

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Now it was not food prices, but the farewell of the fuel price cap that pushed inflation

“In December, exceptionally, it was not food prices but the introduction of the petrol price cap that pushed inflation in Hungary, which unfortunately set another historical record. But at least...

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K&H: Large companies are not expecting a very bright year

The downward trend typical of the past year has been broken, but large companies still see 2023 pessimistically. The K&H large company growth index was corrected from -15 to -10...

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This could be behind the sharp rise in food prices, and this is what 2023 will bring

In November, inflation was 22.5 percent year-on-year, which is the highest in the EU. This is more than surprise inflation, especially considering that at the beginning of 2022, analysts were...

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Fidelity: The future is in the hands of the Fed

As we approach the year 2023, the world economy faces a combination of challenges, from persistently high inflation and aggressive global policy tightening (led by the Federal Reserve), to the...

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GKI: Modestly, but business and consumer expectations also improved in December

According to a survey conducted by GKI Gazdaságkutató – with the support of the EU – the rise in the business confidence index is solely the result of a significant...

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The website of the Hungarian food book was presented

On Friday, the Ministry of Agriculture (AM) presented the website of the Hungarian food book, which provides assistance in getting to know the foods and food ingredients sold in Hungary...

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The highest annual inflation – 23.1 percent – was in Hungary

In November, inflation in the EU and the euro area also decreased compared to the previous month. In the EU, the highest annual inflation rate was measured in Hungary, the...

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Gyopáros Alpár: small village shops can apply for HUF 1-3 million

Small village shops can apply for HUF 1-3 million subsidies – the government commissioner responsible for the development of modern settlements announced at a press conference in Budapest on Thursday....

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Márton Nagy: the government is planning a 3.5 percent deficit and 1.5 percent growth next year

The government plans and will achieve that the budget deficit will be 3.5 percent next year after this year’s 4.9 percent, and the growth could be 1.5 percent after the...

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The forecast of GKI Economic Research Co. for 2022-2023 (4/2022)

Hungary’s GDP fell by 0.4 per cent in the third quarter of 2022 compared with the previous quarter, bringing the Hungarian economy close to a technical recession. GDP is still...

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MNB: according to the American economist, there is no green transition without cooperation

International cooperation and dialogue must be prioritized in solving global issues such as a sustainable, green transition – said economics professor Jeffrey D. Sachs, director of Columbia University’s Center for...

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Retailers should prepare for a low-key holiday season

This year, customers around the world can spend less during the holidays, according to EY’s international survey of 21,000 people. In order to reduce costs and waste, they will save...

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Márton Nagy: security of supply is at risk, this could put an end to the price cap

Security of supply issues arise due to the price cap, which, according to Minister of Economic Development Márton Nagy, may even lead to the premature termination of official prices. “The...

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