Tag "infláció"
Cheap foreign boxed milk and semi-hard cheese have reappeared on the market, making it impossible for the domestic dairy industry to operate
Date: 2023-10-02 09:30:45
Domestic milk production and processing companies are not in an easy situation. While the purchase price of milk is constantly decreasing, the demand for dairy products is decreasing due to...
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Inflation moderated more than expected in September in the euro area
Date: 2023-09-29 12:38:52
In September, the annual inflation rate in the euro area moderated more than expected – the statistical office of the European Union, Eurostat, announced on Friday as non-final data. Annual...
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People consume less bread
Date: 2023-09-29 12:10:57
Bread consumption has decreased in Hungary, partly due to the COVID-19 epidemic, the war and inflation. Hungarians have turned to higher-quality baked goods, especially the growing interest in breads made...
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MNB director: inflation will slow down to between 7-8 percent by the end of the year
Date: 2023-09-28 13:19:54
By the end of the year, the consumer price index will drop to between 7-8 percent, and the disinflationary effect will continue in 2024, but inflation will return to the...
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Even VAT revenues are not increasing due to high inflation
Date: 2023-09-22 13:11:21
The current state of the Hungarian budget can be considered precarious based on events in August. Several key factors are contributing to this situation: Decrease in VAT Revenue: In August,...
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French supermarket chains are not willing to sell at unprofitable prices
Date: 2023-09-20 10:34:51
The largest French supermarket chains announced on Wednesday that they are not willing to sell fuel at a loss in order to curb inflation, as proposed by the government. “The...
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Inflation moderated in August in the Eurozone and the EU
Date: 2023-09-19 13:42:56
In August, inflation moderated in both the euro area and the European Union, according to the final data published on Tuesday by the EU’s statistical office, Eurostat. In August, inflation...
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OECD: world economic growth will slow down next year
Date: 2023-09-19 12:39:01
The growth rate of the world economy will slow down next year compared to this year, and inflationary pressure will remain permanently too high, according to the latest forecast published...
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In Croatia, price restrictions on certain basic foodstuffs have come into effect
Date: 2023-09-18 11:26:27
Following the latest package of measures of the Croatian government, which was developed to alleviate the crisis caused by the rise in the cost of living, price restrictions on certain...
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Alexandra Szentkirályi: the government will extend the mandatory campaign until the end of December
Date: 2023-09-14 14:49:14
The government will extend the mandatory actions from the original deadline of the end of September to the end of the year, government spokeswoman Alexandra Szentkirályi said in the current...
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Walmart CEO talks consumer spending, inflation predictions
Date: 2023-09-14 09:01:26
Inflation is on course to continue declining, but food prices are unlikely to return to their levels from two years ago, Doug McMillon said at an investor conference Tuesday. Grocery...
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The price of paprika is getting more and more expensive in Hungary
Date: 2023-09-12 12:42:26
Over the past year, the price of ground paprika in Hungary has skyrocketed, reaching over 8,000 Hungarian forints per kilogram by the end of the summer of 2023. Specifically, premium-grade...
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Hungarians are giving up beer en masse
Date: 2023-09-12 12:32:58
In Hungary, beer continues to be one of the most beloved alcoholic beverages, but the sharp increase in prices is becoming increasingly worrisome. The rise in beer prices is not...
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FAO Food Price Index rebounds in July
Date: 2023-09-08 13:57:42
With the exception of rice and sugar, the prices of international food commodities decreased in August, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO food...
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Inflation moderated to 16.4%, the introduction of the food price cap did not significantly affect it
Date: 2023-09-08 12:58:56
Inflation decreased to 16.4% in August from 17.6% in July, exceeding expectations, which was primarily caused by the 54.6% increase in sugar prices and the 7.3% increase in pork prices...
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GVH President: Peace would best serve price stability and low inflation
Date: 2023-09-08 11:56:04
An interview with Balázs Csaba Rigó, President of the Economic Competition Authority, was published in POLITICO’s Pro Fair Play Newsletter. The president of the GVH stated: the national competition authorities...
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The retail scissors are still very wide
Date: 2023-09-06 12:58:10
The Hungarian retail sector continues to display a complex picture: while the total sales turnover showed a significant 10% increase in the first seven months of the year, the quantity...
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Retail turnover decreased by 7.6%
Date: 2023-09-06 12:57:36
In July, according to raw data, the volume of retail trade decreased by 7.7%, close to expectations, and by 7.6% adjusted for the calendar effect, significantly easing compared to the...
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GKI: Why is Hungary increasingly separated from the EU average in terms of living standards?
Date: 2023-09-06 12:55:10
Hungarian economic policy hopes to quickly catch up with the more developed member states of the EU in the coming years. To this end, it has set the goal of...
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Retail sales decreased in the euro area in July
Date: 2023-09-06 11:59:54
In July, retail sales in the euro area decreased both monthly and year-on-year. The statistical office of the European Union, Eurostat, announced on Wednesday that in July retail sales in...
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Annual inflation stagnated in the euro area in August
Date: 2023-09-01 11:35:53
In August, instead of the expected decrease, the annual inflation in the euro area stagnated – the EU statistical office, Eurostat, announced on Thursday as non-final data. In the euro...
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The price of some seasonal products is even reduced by half in the summer
Date: 2023-08-29 15:36:33
Based on the experience of the past years, it can be observed that the price of green peppers and tomatoes drops significantly in the summer. Over the years, a similar...
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A hard autumn awaits retail players, but we can overcome it
Date: 2023-08-25 16:47:07
According to Vivien Czeczeli, a researcher at the Economy and Competitiveness Research Institute of the National Public Service University (NKE), the European champion food inflation resulted in a consumption shock,...
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GFM: the price monitoring system will be expanded with new user-friendly functions next week, the free shopping list can further increase market competition
Date: 2023-08-25 12:18:28
With the professional support of the Ministry of Economic Development (GFM), the Economic Competition Authority (GVH) launched the online price monitoring system on July 1, 2023, which enables transparent comparison...
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That is why rice is becoming more expensive worldwide
Date: 2023-08-25 11:00:04
India has imposed an immediate 20% tariff on the export of parboiled rice, further reducing the shipments of the world’s largest exporter and potentially raising the global rice price, which...
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The goal is to develop the food industry
Date: 2023-08-25 10:00:28
This year is about inflation, and our task is to break it down, and we are on the right track, said Dr. Márton Nobilis, the Secretary of State responsible for the...
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Hungarians can still avoid shops for many months
Date: 2023-08-24 17:28:04
According to Péter Virovácz, senior analyst at ING Bank, although real wages are increasing again in Hungary, the population continues to spend cautiously due to the current inflationary environment. Analysts...
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Márton Nagy is satisfied with the decrease in inflation
Date: 2023-08-24 10:51:43
According to KSH data, the gross average salary rose to HUF 566,800 in June 2023, so the average wage increased by HUF 78,000, or 16.0 percent, in one year. With...
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Moroccan inflation fell to a 17-month low in July
Date: 2023-08-22 11:27:53
Consumer price inflation in Morocco slowed to a 17-month low in July. Morocco’s High Commission for Planning (Haut Commissariat au Plan – HCP) announced on Tuesday that annual inflation in...
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Euro zone inflation slowed down in July
Date: 2023-08-18 15:32:20
In July, inflation slowed down in the euro zone, according to the final data of Eurostat, the statistical office of the European Union, presented on Friday. In an annual comparison,...
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