MNB - Trademagazin

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....

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...

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...

According to the vice president of the MNB, brutal inflation may stay with us until next summer
Date: 2022-07-26 13:09:34

Barnabás Virág explained the background of today’s interest rate hike in an online background discussion from three o’clock on Tuesday afternoon. As is well known, the Monetary Council raised the...

Magazine: Digital trend analysis
Date: 2022-07-06 06:12:36

Norbert Madar, lead consultant of GKID Research & Consulting (formerly called GKI Digital) analysed the latest digital trends for our magazine. In 2020 and 2021 online retail was growing rapidly,...

MNB director: inflation peaks in the autumn months
Date: 2022-06-30 11:44:50

Inflation peaks in the autumn months and then slowly declines, returning to the central bank’s tolerance band at the end of 2023 and reaching the 3 percent target in the...

MNB: the digitalisation of the financial sector has improved further
Date: 2022-06-20 11:18:27

After the pandemic, the digital transformation of the financial sector gained new momentum: an increasingly wide range of banking products is available digitally, and more than 80 percent of customers...

MNB: the number of card purchases has increased fivefold in ten years
Date: 2022-06-08 11:20:31

The payment system has undergone tremendous development in the last ten years: for example, the number of POS terminals in operation tripled to 240,000 last year and the number of...

Matolcsy: two-year competitiveness program needs to be launched
Date: 2022-05-19 11:35:28

The central bank is proposing a two-year competitiveness program to the new government to restore the “dramatically upset” balance. The 12 pillars and 144 proposals of the Sustainable Balance and...

MNB: the commercial real estate market is characterized by growing risks
Date: 2022-04-28 11:29:28

The turbulence caused by geopolitical tensions and the future risks of global economic growth will have a negative impact on the demand for commercial real estate, real estate development, financing...

The MNB raised the key interest rate by 30 basis points
Date: 2022-04-28 11:18:05

On Thursday, the Magyar Nemzeti Bank (MNB) announced its one-week deposit tender at 6.45 percent, 30 percentage points higher than in the previous week. Analysts also expected such a rise...

Weekly Macro Calendar – Interest rate decisions, labor market and government finance data are coming
Date: 2022-04-22 09:32:57

The most important event next week will be the interest rate setting meeting of the Magyar Nemzeti Bank (MNB) on Tuesday, and this week the Ministry of Finance (PM) will...

(HU) MNB: háromszor jobban emelkedtek a fogyasztói árak márciusban, mint a korábbi években
Date: 2022-04-08 10:30:44

Sorry, this entry is only available in HU....

The MNB raised its inflation forecast for this year to 7.5-9.8 percent
Date: 2022-03-22 11:45:26

The central bank has raised its inflation forecast to 7.5-9.8 percent this year and lowered its GDP expectation to 2.5-4.5 percent, according to key figures in its latest Inflation Report...

MNB: credit dynamics in corporate and retail lending were outstanding last year
Date: 2022-03-10 11:52:19

Last year, the loan portfolio of companies was almost 11 percent higher, while the loan portfolio of SMEs was nearly 17 percent higher than a year earlier. The retail loan...

The MNB widened the interest rate corridor, but did not raise the central bank base rate
Date: 2022-03-08 11:20:58

The Monetary Council of the Magyar Nemzeti Bank left the central bank base rate unchanged at 3.40 percent at its meeting on Tuesday, but raised the upper end of the...

Nobody wants to own Sberbank
Date: 2022-03-03 10:01:56

The National Bank of Hungary (MNB) has made significant efforts in recent days to find a long-term solution, notably the sale of the Hungarian Sberbank, which has not been successful,...

New routes on the Milky Way
Date: 2022-03-01 10:29:47

On 23 February the Milk Interbranch Organisation and Dairy Board held its tenth annual conference – this time online. Managing director Zoltán Harcz welcomed the participants and the first...

MNB: household savings increased in the fourth quarter of last year
Date: 2022-02-18 11:20:58

Households’ net financial savings amounted to 905 billion HUF, or 5.8 percent of GDP, in the fourth quarter of last year, compared to 111 billion HUF in the third quarter...

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

Stable points in an unstable period… Date: 2022-08-28 09:10:10

SMEs expect high sales growth – but how much of this will inflation take away? Date: 2022-08-19 09:12:38

According to the vice president of the MNB, brutal inflation may stay with us until next summer Date: 2022-07-26 13:09:34

Magazine: Digital trend analysis Date: 2022-07-06 06:12:36

MNB director: inflation peaks in the autumn months Date: 2022-06-30 11:44:50

MNB: the digitalisation of the financial sector has improved further Date: 2022-06-20 11:18:27

MNB: the number of card purchases has increased fivefold in ten years Date: 2022-06-08 11:20:31

Matolcsy: two-year competitiveness program needs to be launched Date: 2022-05-19 11:35:28

MNB: the commercial real estate market is characterized by growing risks Date: 2022-04-28 11:29:28

The MNB raised the key interest rate by 30 basis points Date: 2022-04-28 11:18:05

Weekly Macro Calendar – Interest rate decisions, labor market and government finance data are coming Date: 2022-04-22 09:32:57

(HU) MNB: háromszor jobban emelkedtek a fogyasztói árak márciusban, mint a korábbi években Date: 2022-04-08 10:30:44

The MNB raised its inflation forecast for this year to 7.5-9.8 percent Date: 2022-03-22 11:45:26

MNB: credit dynamics in corporate and retail lending were outstanding last year Date: 2022-03-10 11:52:19

The MNB widened the interest rate corridor, but did not raise the central bank base rate Date: 2022-03-08 11:20:58

Nobody wants to own Sberbank Date: 2022-03-03 10:01:56

New routes on the Milky Way Date: 2022-03-01 10:29:47

MNB: household savings increased in the fourth quarter of last year Date: 2022-02-18 11:20:58