Tag "gazdaság"

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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KSH: Developments in the food industry significantly exceeded the previous year

In the third quarter, the volume of investments increased by 7.7 percent compared to the same period of the previous year, and rose by 1.9 percent seasonally adjusted compared to...

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The GKI economic index has been falling for more than half a year now

The business confidence index decreased somewhat further in November after the big drop in October. On the other hand, consumer sentiment improved slightly, although it remained more gloomy than the...

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K&H: Refinanced loans drive the economy

In the highly changing economic environment, state-supported corporate loans with preferential interest rates play a major role in the financing of companies. K&H actively participates in this, so last year...

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Mihály Varga: industry, retail and services also expanded

The Hungarian economy is resisting the harmful effects of the war and sanctions, as it grew by 4.1 percent in the third quarter and 6.1 percent in the first 9...

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KSH: the production of the food industry increased by 1.4 percent in September

In September, the volume of industrial production exceeded a year earlier by 11.3 percent, and increased by 11.6 percent when adjusted for the working day effect. The seasonally and working...

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AM State Secretary: the new KAP strategy serves both sustainability and the interests of Hungarian farmers

In the Hungarian strategic plan of the Common Agricultural Policy (KAP), the Hungarian government concluded substantive agreements with Brussels that both serve the environmental sustainability goals and the interests of...

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MNB: food caused the acceleration of inflation in October

In October, the annual inflation rose by 1.0 percentage points compared to the previous month to 21.1 percent, which was mainly caused by the acceleration of food inflation. Food contributed...

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The investment of Hajdúhús 2000 Kft. in Debrecen was handed over

Even in times of crisis, national goals, such as full employment, should not be abandoned, which is why the government is also focusing on supporting investments in the current situation,...

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Inflation is increasing due to the food price shock

Due to the price shock on the food front, inflation will spill over into all areas of the entire economy and will not end anytime soon. “In the coming months,...

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Euronics’ sales revenue increased by almost 19 percent last year

The net sales of Vöröskő Kft., which operates the Euronics technical store chain, increased by 18.7 percent to almost HUF 88.7 billion in the business year from July 1, 2021...

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Forecast for 2022-23: Recession, accelerating inflation, worsening external balance

GKI’s current forecast was made in a context of even greater uncertainty than usual, and understanding trends was complicated by the sharp change in economic developments in the middle of...

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Századvég conference – István Nagy: strengthening the economy of the countryside is strengthening the whole of Hungary

Everything must be done to strengthen the economy of the countryside, because that is the strengthening of the whole of Hungary – said the Minister of Agriculture in his video...

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