Tag "MNB"
Rossmann raises wages for the second time this year
Date: 2023-09-20 11:59:46
Rossmann is raising its wages for the second time this year, this time the drugstore is spending HUF 300 million to increase the salaries of its employees. The company, which...
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Mihály Varga: it is too early to talk about joining the Eurozone
Date: 2023-08-25 12:13:22
According to Finance Minister Mihály Varga, it is too early to talk about Hungary joining the Eurozone. On Saturday, at the Tranzit festival in Tihany, the head of the ministry...
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MNB: the balance of payments surplus continued to grow
Date: 2023-08-21 12:06:33
The current account surplus increased by EUR 152 million from EUR 396 million in May to EUR 547 million in June, according to the latest preliminary data of the Magyar...
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MNB: food prices reduced July inflation
Date: 2023-08-08 11:49:38
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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MNB: stable lending capacities, unchanged credit terms and low demand on the credit market
Date: 2023-08-07 12:17:31
Stable lending capacities, unchanged credit terms and low demand characterized the credit market in the second quarter of this year based on the second quarter Lending Survey of the Magyar...
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MNB: food and manufactured goods curbed inflation in June
Date: 2023-07-07 13:49:35
In June, the slowdown in inflation continued for the fifth month. Compared to the previous month, inflation slowed by 1.4 percentage points to 20.1 percent; the slowdown was almost entirely...
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MNB director: inflation is falling due to both external and internal processes
Date: 2023-06-23 10:21:52
The rates of price increases are decreasing on a global level, and in addition, internal demand and economic policy are also pointing in the direction of disinflation in Hungary, so...
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Shops adrift at the sea of costs
Date: 2023-06-19 15:22:45
2022 was a difficult year for stores. Amidst the depressing inflation, families kept cutting back their spending month by month in the second half of the year, in terms of...
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GKI: Why should the MNB fight inflation with high interest rates?
Date: 2023-05-25 12:24:42
The shocking rise in consumer prices last year and the expected peak this year raises the question of whether the MNB is doing the right thing by protecting itself against...
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April data are out: based on this, how realistic is it that the MNB’s inflation plan will be met?
Date: 2023-05-10 12:53:36
Based on the KSH’s quick information, the rate of the annual price increase in April was exactly 24 percent, so the inflation data valid for the first 4 months is...
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MNB: last year, most investments in the real estate market came in the office and retail sectors
Date: 2023-04-27 12:27:14
The investment turnover on the Hungarian commercial real estate market decreased by 28 percent last year, its value did not reach EUR 1 billion, while the majority of transactions continue...
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The only certain thing about life…
Date: 2023-04-25 15:35:07
…is uncertainty. This sentence is perhaps truer now than ever before. Nobody knows what to expect. Although “the end of the world” that had been predicted for late last year...
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The MNB would consider it important to supervise Revolut Bank as well
Date: 2023-03-13 08:21:00
In order to protect domestic customers, the MNB urges Revolut Bank to carry out its activities as a domestic subsidiary bank, with headquarters in Hungary and sufficient capital, as an...
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Márton Nagy also spoke about the extra profit tax and the price cap
Date: 2023-03-03 18:50:59
If energy prices had not fallen, no matter how high the central bank interest rate is, the exchange rate of the forint will probably not stabilize, which is why it...
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MNB vice president: the number one “enemy” is inflation
Date: 2023-02-06 10:23:09
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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MNB vice-president: the first step on the road to the green transition is to reduce inflation
Date: 2023-01-26 23:54:46
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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Monetary advice: Food prices fall to pre-Russian-Ukrainian war levels
Date: 2023-01-24 12:10:14
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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„Everyone is a retailer and every digital device is a payment point”
Date: 2022-12-13 10:41:44
Three years ago Mastercard launched its Doppio programme in Hungary, with the goal of doubling the number of card payment terminals by the autumn of 2022. Our magazine asked business...
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MNB: according to the American economist, there is no green transition without cooperation
Date: 2022-12-09 11:41:34
International cooperation and dialogue must be prioritized in solving global issues such as a sustainable, green transition – said economics professor Jeffrey D. Sachs, director of Columbia University’s Center for...
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We can pay twice with Mastercard at twice as many places than three years ago
Date: 2022-11-24 09:21:37
Mastercard launched its Doppio infrastructure development program in Hungary in November 2019 with the aim of doubling the number of domestic card terminals in three years. One of the most...
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MNB: a quarter of farmers’ loans are protected by the agricultural loan moratorium
Date: 2022-11-15 10:38:06
A quarter of the loans of agricultural enterprises, sole proprietors, family farmers and primary producers benefit from the safety net of the agricultural loan moratorium announced in August, the Magyar...
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MNB: food caused the acceleration of inflation in October
Date: 2022-11-09 10:13:41
In October, the annual inflation rose by 1.0 percentage points compared to the previous month to 21.1 percent, which was mainly caused by the acceleration of food inflation. Food contributed...
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MNB: the commercial real estate market is also at risk due to the increase in energy prices
Date: 2022-10-27 13:50:23
Rising energy prices and the resulting inflationary pressure, as well as the tightening monetary policy in response to this, which also resulted in an increase in financing costs, pose a...
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MNB: due to food prices, inflation accelerated to a brutal extent
Date: 2022-10-11 13:54:36
More than half of September’s inflation is explained by the rise in prices of food and regulated price products and services. The monthly increase in core inflation, calculated without processed...
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“I wrote this when the sky was still serene”…
Date: 2022-10-10 10:00:29
…this is how Hungarian poet Mihály Vörösmarty starts his poem, Prologue, which later reaches the point where “it’s winter now and death and snow and stillness”. Well, when I wrote...
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MNB Vice President: handling the crisis cannot come at the expense of sustainability
Date: 2022-10-06 12:00:03
The central bank is working hard to bring inflation back under control in accordance with its primary goal, but at the same time, the management of the current crisis cannot...
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MNB: rising food prices explain rising inflation
Date: 2022-09-08 14:30:11
In August, inflation accelerated by 1.9 percentage points compared to the previous month, which is mainly explained by the increase in the food price index. Compared to the previous month,...
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The Ministry of Agriculture welcomes the MNB’s position regarding the agricultural loan moratorium
Date: 2022-09-06 10:48:20
The Ministry of Agriculture draws the attention of farmers to the position of the Hungarian National Bank, which informs about the procedure for bank classification of loans in payment moratorium....
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Stable points in an unstable period…
Date: 2022-08-28 09:10:10
…as the experts saw it back in May. On 26 May the Business Dinner – a meeting for FMCG executives – took place in Hungexpo’s new Congress Centre, with the...
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SMEs expect high sales growth – but how much of this will inflation take away?
Date: 2022-08-19 09:12:38
Based on the results of the second quarter of the K&H SME Confidence Index 2022, businesses expect a 12 percent increase in sales revenue and a 7 percent increase in...
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