MNB - Trademagazin

MNB: the decline in food inflation accelerated in September
Date: 2023-10-10 14:11:39

In September 2023, the decrease in domestic inflation continued at a faster rate than in previous months, the Magyar Nemzeti Bank (MNB) stated in its Tuesday quick analysis of the...

The level of insurance of companies has decreased
Date: 2023-09-26 09:12:57

According to the latest series of insurance data published by the MNB, domestic insurance companies handled 186,800 corporate property insurance policies by the end of the first half of the...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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”...

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...

„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...

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...

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...

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...

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...

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...

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...

“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...

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...

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,...

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....

MNB: the decline in food inflation accelerated in September Date: 2023-10-10 14:11:39

The level of insurance of companies has decreased Date: 2023-09-26 09:12:57

Rossmann raises wages for the second time this year Date: 2023-09-20 11:59:46

Mihály Varga: it is too early to talk about joining the Eurozone Date: 2023-08-25 12:13:22

MNB: the balance of payments surplus continued to grow Date: 2023-08-21 12:06:33

MNB: food prices reduced July inflation Date: 2023-08-08 11:49:38

MNB: stable lending capacities, unchanged credit terms and low demand on the credit market Date: 2023-08-07 12:17:31

MNB: food and manufactured goods curbed inflation in June Date: 2023-07-07 13:49:35

MNB director: inflation is falling due to both external and internal processes Date: 2023-06-23 10:21:52

Shops adrift at the sea of costs Date: 2023-06-19 15:22:45

GKI: Why should the MNB fight inflation with high interest rates? Date: 2023-05-25 12:24:42

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

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 only certain thing about life… Date: 2023-04-25 15:35:07

The MNB would consider it important to supervise Revolut Bank as well Date: 2023-03-13 08:21:00

Márton Nagy also spoke about the extra profit tax and the price cap Date: 2023-03-03 18:50:59

MNB vice president: the number one “enemy” is inflation Date: 2023-02-06 10:23:09

MNB vice-president: the first step on the road to the green transition is to reduce inflation Date: 2023-01-26 23:54:46

Monetary advice: Food prices fall to pre-Russian-Ukrainian war levels Date: 2023-01-24 12:10:14

„Everyone is a retailer and every digital device is a payment point” Date: 2022-12-13 10:41:44

MNB: according to the American economist, there is no green transition without cooperation Date: 2022-12-09 11:41:34

We can pay twice with Mastercard at twice as many places than three years ago Date: 2022-11-24 09:21:37

MNB: a quarter of farmers’ loans are protected by the agricultural loan moratorium Date: 2022-11-15 10:38:06

MNB: food caused the acceleration of inflation in October Date: 2022-11-09 10:13:41

MNB: the commercial real estate market is also at risk due to the increase in energy prices Date: 2022-10-27 13:50:23

MNB: due to food prices, inflation accelerated to a brutal extent Date: 2022-10-11 13:54:36

“I wrote this when the sky was still serene”… Date: 2022-10-10 10:00:29

MNB Vice President: handling the crisis cannot come at the expense of sustainability Date: 2022-10-06 12:00:03

MNB: rising food prices explain rising inflation Date: 2022-09-08 14:30:11

The Ministry of Agriculture welcomes the MNB’s position regarding the agricultural loan moratorium Date: 2022-09-06 10:48:20