Tag "infláció"
We told you so – economic perspectives in 2023
When I had a conversation with executives last autumn, many of them were afraid that the then 3.5% unemployment will go up to 10%, and that the inflation rate will...
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In the end of February, the economic sentiment of companies and households improved further
The population’s and businesses’ sense of the economic situation also improved in February, based on the Századvég Economic Researcher’s survey. The population index, interpreted on a scale between minus 100...
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Hungary is committed to domestic and global food security
The coronavirus pandemic, the war in Ukraine, climate change, Brussels sanctions, high energy costs and inflation pose serious obstacles to the availability of food, especially in developing countries, stressed Oszkár...
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In January, food prices rose by 7.3 percent in Japan, an inflation rate that has never been seen before
In January, food prices rose by 7.3 percent in Japan, an unprecedented rate of inflation Inflation exceeded the target of the Bank of Japan for the tenth consecutive month, which...
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K&H: that’s how much Hungarians spent on food
Inflation accelerating to a multi-decade peak is clearly visible, including the more than 40 percent increase in food prices for card spending, according to K&H’s summary. In December last year,...
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Fidelity Analyst Survey 2023: Inflation may be easing
Consumer inflation is already past its peak, but the debate about the long-term effects of the price increase experienced last year – unprecedented in thirty years – will continue for...
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Dávid Hollósi: The price increase may stop, but food will not become cheaper
Dávid Hollósi, the managing director of the agricultural and food industry business of MKB Bank and Takarékbank, revealed in a recent interview for Index that the rate of growth of...
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Food prices have already started to fall, as the GVH began to investigate
Competition has become greater in retail, more people have reduced food prices – says Balázs Csaba Rigó, president of the Economic Competition Authority. In the hope of finding out whether...
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Is it really the unbridled profit hunger of Hungarian businesses that causes high inflation?
Hungarian companies did not basically raise their prices in order to make even more profit, but in order to stay afloat in successive crises. It should also be seen that...
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VOSZ: the increase in prices is not caused by the hunger for profit of Hungarian enterprises
The Hungarian companies did not basically raise their prices in order to make even more profit, but in order to stay afloat in successive crises, emphasized the National Association of...
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Food prices also rose the most in Romania
In January, the annual inflation in Romania decreased by 1.3 percentage points to 15.1 percent from 16.4 percent in December last year, the national statistical institute (INS) announced on Tuesday....
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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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