Tag "infláció"
Can the lending boom continue next year?
The volume of retail loan agreements this year could even surpass the record year of 2021, if the growth rate experienced during the year persists until the end of the...
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Prices rose by 3.7% in November
Following a 3.2% year-on-year increase in October, consumer prices in Hungary rose by an average of 3.7% in November. The latest figure is slightly higher than we expected, but in...
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Márton Nagy: the government is keeping inflation low, the emphasis should be on increasing productivity
According to the latest data from the Central Statistical Office, inflation remained at a favorable, permanently low level in November, in line with preliminary government signals and market expectations. In...
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Food price increases accelerated to 3.9 percent in October in the OECD, from 3.7 percent in September
Inflation accelerated in the countries of the Organization for Economic Cooperation and Development (OECD) in October, year-on-year. According to data published on the website of the Paris-based organization, the rate...
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The Christmas menu may become more expensive: What should we expect during the holiday season?
As the holiday season approaches, many people are already planning their Christmas menus and preparing their budgets. However, this year’s Christmas will not be without price increases. According to experts,...
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The economy is starting to grow, but may grow more slowly than expected next year
The Hungarian economy is expected to grow by 0.5 percent this year and 2 percent next year, according to Erste’s forecast. Inflation is not expected to slow down further in...
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VOSZ: the three-year wage agreement is extremely ambitious
The Secretary General of the National Federation of Entrepreneurs and Employers described the three-year wage agreement as extremely ambitious at a press conference in Budapest on Monday. László Perlusz said...
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The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a sharp rise in food prices, but this year a significant slowdown in this process can be observed. Although the rise...
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Márton Nagy: inflation remains at a low level
In accordance with preliminary government indications, inflation remained at a favorable, low level in October, stated Minister of National Economy Márton Nagy in his commentary on the latest data. In...
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Inflation increased moderately in October in the Czech Republic
Inflation in the Czech Republic increased by 0.3 percent from September to October, which stands at 2.8 percent on an annual basis, the Czech Statistical Office announced on Monday in...
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Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in the euro zone accelerated to 2 percent in October from 1.7 percent in September, the EU’s statistical office, Eurostat, announced...
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Bank360: The government will introduce automatic inflation-tracking tax increases
The government is introducing automatic tax increases for several taxes. According to the bill submitted to the parliament, from 2025, the itemized excise tax on alcoholic beverages, tobacco products and...
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Butter thefts continue as a result of price increases
The Russian economy faces serious challenges as inflation accelerates and prices continue to rise, while the country devotes its resources to significant defense spending. One of the most striking signs...
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October tea prices: why did Hungarians’ favorite hot drink become so expensive?
Inflation and the rise in the price of raw materials had a significant impact on tea consumption habits, as the rising prices of food products affected not only tea, but...
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Challenges and performance of the Hungarian meat industry in 2023
The year 2023 was full of significant challenges for the Hungarian food industry, but at the same time the industry also achieved growth, especially in export revenue. According to data...
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In the euro area, the rate of increase in consumer prices slowed down in September
In September, the annual inflation rate in the euro zone slowed down more than previously estimated, according to the final data of Eurostat, the statistical office of the European Union,...
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In Austria, food inflation slowed down in September
In accordance with the preliminary estimate, the annual growth of consumer prices in Austria fell to 1.8 percent, the lowest since February 2021, in September after the previous month’s 2.3...
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In the OECD, inflation slowed significantly in August
Inflation in the countries belonging to the Organization for Economic Co-operation and Development (OECD) slowed down significantly in August in an annual comparison, mainly due to the strong moderation of...
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Inflationary pressures remain with us
Inflationary pressure still does not ease the companies. Although inflation in August was even more favorable than expected, it still represents a difficulty for domestic large companies in terms of...
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German inflation slowed more strongly than expected in September on an annual basis
Inflation in Germany slowed more significantly than analysts had expected in September on an annual basis, according to Monday’s report based on preliminary data from the German Federal Statistical Office,...
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MNB: inflation continues to slow down in September
August’s 3.4 percent inflation met the central bank’s expectations, September’s figure is expected to be 3.1 percent, a slight increase is expected in the rest of the year, a rate...
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A global sugar market crisis is looming: Drought, floods and export restrictions are hitting the market
The world sugar market is currently facing major challenges as major production problems have arisen in Brazil, Thailand and India. Forest fires, drought and heat have reduced sugar production in...
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Rising coffee prices: disasters strike the world’s largest coffee growers
Coffee is becoming more expensive across Europe, as the world’s two largest coffee-growing countries, Brazil and Vietnam, faced severe natural disasters, reports EuroNews. Brazil was hit by a historic drought,...
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Significant tax changes are coming in Slovakia: VAT increase and cuts to reduce the budget deficit
The Slovak government presented its new consolidation package, which fundamentally changes the country’s tax system. Contrary to Prime Minister Robert Fico’s previous promise, the basic value-added tax (VAT) rate will...
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The price of cucumbers on Polish markets has doubled
In Poland, at the end of August and the first week of September, the price of cucumbers fell by 45% due to the increasing supply, but this trend quickly reversed....
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Price increases for products with previous price caps: an investigation may be launched against the store chains
The Ministry of National Economy (NGM) recently expressed its concerns about the fact that large chain stores simultaneously raised the prices of products that were previously subject to price caps...
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Vegetable prices have risen drastically due to the drought, and dairy products are also expected to rise in price
As a result of the extreme weather, the drought significantly reduced the vegetable harvest, which led to a drastic price increase in the markets. The biggest price increase can be...
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Food prices in Hungary have doubled in six years
In the last six years, we have witnessed a drastic increase in food prices in Hungary, where prices have doubled, compared to the average price increase of 40 percent in...
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August inflation surprise: Slowing monetary deterioration, improving purchasing power
The latest inflation data from the Central Statistical Office (KSH) caused a significant surprise, as the rate of monetary deterioration slowed down to only 3.4 percent in August, which is...
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