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

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...

Read more

Inflation moderated more than expected in September in the euro area

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...

Read more

People consume less bread

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...

Read more

MNB director: inflation will slow down to between 7-8 percent by the end of the year

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...

Read more

Even VAT revenues are not increasing due to high inflation

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,...

Read more

French supermarket chains are not willing to sell at unprofitable prices

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...

Read more

Inflation moderated in August in the Eurozone and the EU

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...

Read more

OECD: world economic growth will slow down next year

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...

Read more

In Croatia, price restrictions on certain basic foodstuffs have come into effect

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...

Read more

Alexandra Szentkirályi: the government will extend the mandatory campaign until the end of December

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...

Read more

Walmart CEO talks consumer spending, inflation predictions

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...

Read more

The price of paprika is getting more and more expensive in Hungary

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...

Read more

Hungarians are giving up beer en masse

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...

Read more

FAO Food Price Index rebounds in July

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...

Read more

Inflation moderated to 16.4%, the introduction of the food price cap did not significantly affect it

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...

Read more

GVH President: Peace would best serve price stability and low inflation

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...

Read more

The retail scissors are still very wide

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...

Read more

Retail turnover decreased by 7.6%

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...

Read more

GKI: Why is Hungary increasingly separated from the EU average in terms of living standards?

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...

Read more

Retail sales decreased in the euro area in July

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...

Read more

Annual inflation stagnated in the euro area in August

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...

Read more

The price of some seasonal products is even reduced by half in the summer

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...

Read more

A hard autumn awaits retail players, but we can overcome it

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,...

Read more

GFM: the price monitoring system will be expanded with new user-friendly functions next week, the free shopping list can further increase market competition

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...

Read more

That is why rice is becoming more expensive worldwide

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...

Read more

The goal is to develop the food industry

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...

Read more

Hungarians can still avoid shops for many months

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...

Read more

Márton Nagy is satisfied with the decrease in inflation

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...

Read more

Moroccan inflation fell to a 17-month low in July

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...

Read more

Euro zone inflation slowed down in July

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,...

Read more
Oldal