Tag "infláció"
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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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
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
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
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
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
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
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
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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The price of carrots doubled in one month
In the past month, the price of carrots in Hungary has skyrocketed, nearly doubling compared to previous months – according to information from RTL News. Currently, a kilogram of carrots...
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Greedflation: are multis hungry for profit?
In recent years and months, the domestic and international retail sector has come into focus for several reasons. The outbreak of the new type of coronavirus in 2020 led to...
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The price of food and non-alcoholic beverages decreased by 1.2 percent in Poland
Annual inflation moderated in Poland in July, and consumer prices fell compared to June, according to the final data of the statistical office presented on Monday. The annual consumer price...
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Inflation slowed down in France in July
For the first time since February last year, annual inflation in Romania slowed down to single digits again in July: according to data published by the National Institute of Statistics...
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Annual inflation in the Czech Republic dropped to eight percent
Annual inflation in the Czech Republic dropped to 8 percent in July from 9.7 percent in June, the Czech Statistical Office announced on Thursday in Prague. In a monthly comparison,...
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Last-minute beach vacation in the shadow of inflation
The tourism sector of Southern Europe is starting to recover from the effects of the pandemic, and the number of visitors is slowly approaching the pre-epidemic level. Rising prices around...
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MNB: food prices reduced July inflation
In July, the decline in inflation intensified, inflation slowed by 2.5 percentage points compared to the previous month, annual core inflation decreased significantly by 3.3 percentage points, the Magyar Nemzeti...
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KSH: consumer prices increased by 17.6 percent on average in July, and food prices decreased by 0.9 percent on average
In July, consumer prices increased by 17.6 percent on average compared to the same month of the previous year, and food prices decreased by an average of 0.9 percent compared...
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István Nagy: the price monitor works effectively
It has only been in operation for a few weeks, but the price monitor is already helping Hungarian families save a lot – Minister of Agriculture István Nagy announced on...
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Inflation in Germany eased in July
Inflation moderated in Germany in July, based on Tuesday’s report based on final data from the German Federal Statistical Office, Destatis. The engine of inflation is still primarily the rise...
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Viktor Orbán can relax as early as Tuesday due to the development of food inflation
In July of this year, the inflation indicator is expected to decrease significantly in Hungary, and this does not come as a surprise to economic analysts. Hungarian inflation has been...
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János Fónagy: food prices continue to fall
Food prices are continuing to fall, and the single-digit inflation forecast by the government for the end of the year can be reached with great certainty – said the parliamentary...
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In Romania, the price of some staple foods fell due to the government decree limiting the margin
In Romania, the average consumer price of some staple foods has decreased since the emergency government decree limiting margins came into effect, the Competition Council announced on Monday. Compared to...
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GFM State Secretary: the government has taken effective measures to reduce food inflation
In order to curb inflation, the government has taken a number of effective measures, among other things, it has decided on mandatory promotions and launched the online price monitoring system...
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MBH AgrárTrend Index: the evaluation of the situation of the food economy has strengthened back to the level of the beginning of 2022
After the strengthening experienced in the first three months of 2023, the prospects for Hungarian agriculture improved further in the second quarter, the actors of the sector overall believe that...
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