Tag "infláció"
Every fifth Hungarian is thinking about changing jobs in the hope of a higher salary
Skyrocketing, multi-digit inflation, increased fuel prices, rising utilities as a result of the energy crisis, falling real wages – these are just some of the economic challenges that significantly affect...
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MNB vice-president: it is necessary for the food price competition to start going down
Barnabás Virág, vice president of the Hungarian National Bank (MNB), told Napi.hu that it is good news that the rise in food inflation has stopped. At the same time, according...
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KSH: Poultry meat and bread cost 2.8 and 2.7 percent more compared to the same month of the previous year
In January of this year, consumer prices exceeded a year earlier by an average of 25.7 percent, the Central Statistical Office (KSH) announced on Friday. Over the past year, household...
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Márton Nagy: inflation will be single digits by the end of the year
According to expectations, inflation will decrease from next month and will be in single digits by the end of the year, the Minister of Economic Development said on the government’s...
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Retail turnover decreased by 3.9%
Falling short of expectations, according to the raw data, the volume of retail trade decreased by 4.8%, and when adjusted for the calendar effect, by 3.9% compared to the same...
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Pizza inflation is the highest in Hungary
Among the EU countries, the annual inflation of pizza and quiche increased the most in Hungary (46%), followed by Lithuania (39%) and Bulgaria (37%), Forbes points out in a recent...
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This is how CEOs would mitigate the effects of the crisis, according to the PwC survey
The majority of Hungarian business leaders expect a clear slowdown in the growth of the world and Hungarian economies in 2023, however, they feel that the situation of the domestic...
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MNB vice president: the number one “enemy” is inflation
In the current turbulent economic situation, inflation is the number one enemy for central banks worldwide – and especially in the region – said Mihály Patai, vice-president of the Magyar...
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Will the price of sugar double when the price cap is over? Analysts circle the topic
It is not yet known how food prices will change if the price cap is removed. Analysts have different opinions. “It’s not easy to predict how big the price increase...
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Basic food is also cheaper in German stores than here
According to RTL’s summary, milk in Germany costs HUF 280-350, toast bread costs HUF 581, and sour cream costs HUF 269. Cow curd is very cheap, only HUF 292. 10...
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K&H: the price of cocoa snails and hamburgers has skyrocketed
The sharp rise in prices of everyday products used by children continues – according to the K&H children’s inflation basket. The basket, which includes children’s shoes, yogurt, orange juice and...
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György Raskó: galloping food inflation will stop within weeks
According to agricultural economist György Raskó, galloping food inflation will stop, it’s only a matter of weeks. And the reason for this is precisely the high cost and the resulting...
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MNB vice-president: the first step on the road to the green transition is to reduce inflation
The first step on the road to sustainable growth and the green transition is to break down and quickly reduce inflation, because a high inflation environment “regardless of its color”...
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Balázs Csaba Rigó: it seems that customers do not allow profiteering on groceries
Balázs Csaba Rigó, the president of the GVH, spoke on ATV’s Egyenes Beszéd program about the competition office’s investigations into whether the drastic price increases were justified. “The price increases...
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Márton Nagy: inflation may be in the single digits by the end of the year, the economy may pick up again next year
Hungary can avoid recession this year with a GDP expansion of 1.5 percent, and inflation may again be in single digits by the end of the year; In 2024, the...
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That is why pasta is 82 percent more expensive in Hungarian stores than in Austrian ones
A Hungarian vlogger on TikTok recently demonstrated that while the own-brand pasta of a supermarket costs HUF 1,190 here, the same pasta costs 1 euro 49 cents in Austria, i.e....
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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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Tesco criticized the drastic price increase, and received a strong response
Indeed, John Allan, the president of Tesco, stated in the BBC’s political and public program on Sunday that they will take tough action in relation to what they consider to...
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Tesco president: some food suppliers raise prices unreasonably
Some food supply companies raise their prices more than necessary “under the pretext of inflation”, said the president of Tesco on Sunday. John Allan, the BBC’s weekly political magazine show...
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Several alcoholic products became cheaper despite inflation
According to the latest data from the KSH, a number of spirits have become cheaper than they were – Telex points out. In December 2022 the Unicum (0.5 liter) is...
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Economist László Miklós: it is unlikely that the government will put an end to price cap
László Parragh, the president of MKIK, previously said in Egyenes Beszéd: he is negotiating with the government about the possibility of introducing a price cap. According to economist László Miklós,...
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The VAT reduction in our southern neighbor really depressed food prices
In Croatia, the government reduced the VAT on basic foodstuffs by 8 percent, so even with the price cap, it costs almost half as much to prepare a french fries...
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Annual inflation for food and soft drinks rose to 16.8 per cent in Britain last month
British annual inflation slowed somewhat, but was still above 10 percent, close to its four-decade record in December. According to analysts, however, the turnaround in British inflationary dynamics has already...
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The goal is to achieve sustainable plant protection
The agricultural government agrees with the implementation of sustainable plant protection, the reduction of the environmental burden, the mitigation of risks arising from the use of pesticides, stated Márton Nobilis,...
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There are countries where Lidl and Aldi raised their prices the most
The British magazine Which assessed how prices changed in December compared to the previous year in the country’s most popular retail chains, and – perhaps to some surprise – found...
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GVH is also investigating the legality of food price increases
Balázs Csaba Rigó, the president of the Economic Competition Office (GVH), announced that the GVH is planning an investigation in the area of food trade, but before that it started...
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Onions may get crazy expensive
At the beginning of January, the wholesale price of bagged onions increased, which could be a harbinger of further price increases. There are much less onions this year than at...
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Fat bread is slowly becoming a real luxury: the price of both fat and bread has risen by 100 percent
Not only did the price of fat and bread increase drastically in one year, consumer prices were 24.5 percent higher in Hungary by December 2022 than in the same period...
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The increase in the price not only of food, but also of raw materials was much higher than in other EU countries
Inflation broke decade-long records in most European countries last year, a substantial part of which was caused by the increase in the price of food. And food inflation can largely...
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These 40 products rose in price the most in Hungary
Hungary’s 24.5 percent inflation, which is a record within the European Union, is mainly seen in the area of food and utilities: according to the Central Statistical Office, food (44.8...
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