Tag "infláció"
The Hungarian pasta market is undergoing serious transformation
Changes in habits are fundamentally reshaping the Hungarian pasta market, as revealed by Gábor Bokros, Marketing Director of Gyermelyi Zrt., from industry experiences shared by him. Bird flu – long-term...
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Hungary’s economic vulnerability: causes, consequences and possible solutions
The economic developments of recent years have once again drawn attention to the vulnerability of the Hungarian economy. The declining growth, the fluctuating forint exchange rate and the runaway inflation...
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NGM: the government welcomes the fact that commercial banks are also participating in the fight against price increases
The government welcomes the fact that commercial banks are voluntarily agreeing to reduce their fees, reducing the burden on the population. The responsible attitude of financial institutions also shows that...
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Annual inflation in the Czech Republic was 2.7 percent in March as well
In March, consumer prices in the Czech Republic increased by 2.7 percent year-on-year, the same as in February. In a monthly comparison, inflation was 0.1 percent, the Czech Statistical Office...
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Róbert Zsigó: after three weeks, basic foodstuffs are already 18.8 percent cheaper
Sorry, this entry is only available in HU....
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Does not apply inflation-tracking fee adjustment to Magyar Telekom consumers
Expressing its commitment to boosting the Hungarian economy, Magyar Telekom will not implement the 3.7% inflation-tracking price adjustment for 2024 among its customers and will not increase the monthly fee...
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Annual inflation fell slightly more than expected in March
In March 2025, the annual inflation rate in Hungary decreased to 4.7%, which exceeded analysts’ expectations. Although the rate of decrease is moderate, the trends observed based on monthly data...
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NGM: margin reduction has a significant impact: inflation fell to 4.7 percent in March
The government could no longer tolerate unreasonably high price increases, so in order to protect families and pensioners, it introduced a margin reduction, thanks to which the prices of about...
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Middle-aged Hungarians expect double-digit inflation
Middle-aged people still perceive a much higher price increase than the official figures show, according to the K&H Sure Future survey, which examined in the first quarter how much price...
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Rising prices of services are driving inflation – not food
Although food prices continue to be the focus of public discourse and government measures, according to the latest statistics, it is not food prices but service prices that currently pose...
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Margin freeze, small store support, new authority – what awaits Hungarian buyers and traders?
The margin freeze that came into effect on March 17, 2025 has brought spectacular price reductions for several basic foodstuffs, and consumers are happy – but in the background, the...
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Hungarian food producers may be in serious danger due to the margin freeze
Following the introduction of the margin freeze, previously strictly confidential information has been made public: supplier prices can now be calculated back to almost anyone. This poses serious market risks...
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Margin stop works, says Márton Nagy
The margin freeze is working, the prices of more than a thousand products have been controlled – the Minister of National Economy emphasized in his video message on Tuesday, adding...
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Price increase and price decrease at the same time – the effect of the margin stop is felt in the first week
A significant rearrangement in food prices began following the margin freeze introduced on March 17. Although the aim of the official measure was to reduce the price of basic foodstuffs,...
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Viktor Orbán: retail chains made huge profits on food, we had to intervene
Retail chains have made huge profits on food. We had to intervene, Prime Minister Viktor Orbán said in a video posted on the Hungarian government’s Facebook page on Sunday. He...
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Margin freeze here or there – has Hungarian shopping become cheaper? A test of prices in three countries
In the spring of 2024, the Hungarian government introduced another measure to curb inflation: a mark-up cap came into effect on 30 basic foodstuffs, the maximum mark-up of which was...
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Products affected by margin freeze have permanently low prices at Lidl
The government decree on margin caps came into effect on Monday, according to which larger grocery stores can apply a maximum margin of 10 percent on 30 basic foods. Lidl...
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Economic growth may finally start this year
Primarily due to the recovery in consumption, the Hungarian economy may grow by 2 percent this year. With the economic recovery, inflation has also regained strength, and the average annual...
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Margin is very much not profit
The government announced that it would introduce a margin cap on 30 food product groups from March 17, 2025, after food inflation reached 7.1 percent in February. The decision was...
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Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a number of challenges: high interest rates, inflationary pressures, geopolitical uncertainty and supply chain disruptions will all make it difficult to...
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Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March, which limits the margin on 30 basic foodstuffs to 10 percent. The measure aims to reduce inflation and curb unreasonably...
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Accelerating inflation in Hungary: brutal food price hikes and measures of questionable effectiveness
Inflation in Hungary accelerated again in February 2025: consumer prices were 5.6% higher on average than a year earlier. The price increase particularly affected basic foodstuffs, with prices of several...
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Analyst: Food pricing, which involves huge extra profits, must be brought within reasonable limits
Food pricing, which represents a huge extra profit for food retailers, must be kept within reasonable limits, and the 10 percent margin freeze announced by the Prime Minister can be...
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Róbert Zsigó promises serious control of margin restrictions
We will protect families and pensioners, we will prevent unjustified price increases – emphasized the Parliamentary State Secretary of the Ministry of Culture and Innovation in a video uploaded to...
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Viktor Orbán is also upset about the price increases
Enough is enough, we will put an end to unjustified price increases – the prime minister announced on his social media page on Tuesday. In a video shared on his...
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Another unpleasant inflation surprise
Despite the expected slight slowdown, inflation continued to rise in February, according to data published this morning by the Hungarian Central Statistical Office (KSH). Consumer prices rose by 0.8 percent...
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Inflation in the Czech Republic decreased in February
Annual inflation in the Czech Republic fell to 2.7 percent in February from 2.8 percent in January, the Czech Statistical Office announced on Tuesday in Prague. The decrease was primarily...
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The pace of consumer price inflation in the euro area slowed in February
Annual inflation in the euro zone fell slightly less than analysts had expected in February, according to preliminary data released by the European Union’s statistical office, Eurostat, on Monday. The...
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Gergely Gulyás: the government is preparing a complex action plan to curb excessive increases in food prices
As a first step, the government is preparing a complex action plan to reduce inflation and food prices – announced Gergely Gulyás, the Minister in charge of the Prime Minister’s...
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Very cautious monetary policy is expected due to the deteriorating inflation trajectory
The MNB kept the key interest rate at 6.50% today, as expected. The two ends of the interest rate corridor remained at 5.50% and 7.50%. Preliminary expectations, rising inflation, and...
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