Tag "NGM"
Márton Nagy: high food inflation is unacceptable, the government is ready to take action with all means to protect families
According to Márton Nagy, high food inflation is unacceptable, and the government is ready to take action with all means to protect families, the Ministry of National Economy (NGM) told...
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NGM spokesperson: prices were already corrected in the last days of January
According to the Central Statistical Office (KSH), in January 2025, consumer prices exceeded those a year earlier by an average of 5.5 percent, and consumer prices rose by an average...
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In December, the strong consumption of the Hungarian population was realized more abroad than in the turnover of domestic stores
In December, the strong consumption of the Hungarian population was realized abroad rather than in the turnover of domestic stores, the Ministry of National Economy (NGM) told MTI on Thursday,...
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NGM: German economic recession drags down Hungarian industry’s performance
The German economic recession is dragging down the performance of Hungarian industry, the Ministry of National Economy (NGM) told MTI on Thursday, commenting on the latest data from the Central...
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MVI is once again among the TOP10 most influential professional organizations
The Hungarian Catering Industry Association (MVI) was once again included in the TOP10 list of the most influential professional organizations in the field of tourism in 2025. The recognition was...
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NGM: Hungarian economy performed better than expected
The Hungarian economy performed above expectations in the last quarter of last year, with GDP growing by 0.5 percent, André Palóc, spokesperson for the Ministry of National Economy (NGM), said...
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GVH: The expansion of the online Price Monitor is another help for Hungarian families
The online Price Monitoring system operated by the Hungarian Competition Authority (GVH) can help to keep food prices under control by stimulating the market. The GVH cooperates with the Ministry...
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NGM spokesperson: in addition to GDP data, indicators affecting people’s lives also developed favorably
Beyond the gross domestic product (GDP), there are human lives, indicators that influence people’s lives, and they have also developed favorably in the recent period – stated the spokesperson for...
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NGM: the government pays special attention to the development of the prices of milk and dairy products
The government is paying special attention to the development of the prices of milk and dairy products, and has also consulted with the Dairy Products Council – the Ministry of...
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NGM: public confidence is strengthening, domestic tourism closed a record year in 2024
The number of guest nights spent by foreign guests in Budapest increased significantly, by nearly 20 percent. As a result of the increased desire to travel, the income of accommodation...
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NGM: there is huge interest in the new cafeteria element
There is huge interest in the housing subsidy that can be applied for from January 1, the spokesperson for the Ministry of National Economy said in the program Vasárnapi újság...
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NGM: The range of products monitored in the online price monitor may be expanded to 100 products
The development of food prices is of paramount importance to families, which is why the government will continue to take decisive action in the future to ensure affordable basic food,...
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This is how the Ministry of Agriculture explains the continuous price increase
The Ukrainian threat to oil supplies and US sanctions are leading to a significant increase in fuel prices, the Ministry of National Economy (NGM) said. According to the statement, the...
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NGM: the government fulfilled its commitment, inflation decreased to 3.7 percent in 2024, which will decrease even further in 2025, to 3.2 percent
The government fulfilled its commitment, bringing down inflation, which had increased due to the war and the energy crisis, in 2023 and keeping it at a low level in 2024....
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NGM: the government is working to strengthen domestic industry, which is being held back by the crisis in the German economy
The government is working to strengthen domestic industry, which is being held back by the crisis in the German economy, the Ministry of National Economy (NGM) emphasized in its analysis...
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New regulations on occupational health inspections: what does this mean for the hotel industry?
As of September 28, 2024, significant changes have been introduced regarding occupational health examinations, directly affecting those working in the hospitality and catering sectors. The 36/2024. (IX. 26.) NGM Decree,...
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HungaroControl: Traffic increases by 6 percent during the holidays
According to the preliminary estimate of the Hungarian air navigation service provider, traffic will be 6 percent stronger in the two weeks before Christmas compared to the same period last...
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NGM: the enforcement of consumer rights is also being examined in Christmas markets
Government agencies also inspect the enforcement of consumer rights at Christmas markets, Norbert Eitmann, the consumer protection spokesperson for the Ministry of National Economy (NGM), told reporters at the capital’s...
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NGM: retail turnover grew dynamically again, by 4 percent
According to the latest data from the Central Statistical Office, the strong expansion of retail trade turnover since January continued in October 2024. Following the temporary slowdown caused by the...
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Home renovation: a new opportunity with the SZÉP card
According to the government’s decision, from 2025, 50% of the amount available on the SZÉP card can be used for home renovation. This includes the following expenses: Purchase of hardware,...
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The SZÉP card will be digitized
According to the ninth point of the New Economic Policy Action Plan, which consists of 21 measures, the government will allow 50 percent of the benefits received on the Széchenyi...
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The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of the voluntary pension fund in an information letter that they can use their savings for housing purposes tax-free from 2025,...
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Sándor Czomba: the minimum wage will increase by nine percent next year
The minimum wage will increase by nine percent next year, thirteen percent in two years, and fourteen percent in three years. It was not easy, but the wage agreement between...
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The tightening of Airbnb regulations serves to solve the housing problem in Budapest
Airbnb sent an open letter to Minister of National Economy Márton Nagy, the letter contains several misinterpretable and misleading statements, the Ministry of National Economy (NGM) told MTI. In order...
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This is how the government would increase the purchasing power of incomes
The interest-free worker loan will be available from January 2025, the social negotiation of the loan scheme has begun – the Ministry of National Economy (NGM) announced to MTI. According...
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The Hungarian Catering Industry Association welcomes the decision of the Ministry of Tourism and Culture regarding the service charge
The Hungarian Catering Industry Association (MVI) welcomes the decision of the Ministry of Tourism and Culture regarding the service charge, according to which its maximum amount will be higher than...
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The autumn started weakly in retail trade
Retail performance in September started off weaker compared to August, showing a 1.4% decline month-over-month after seasonal adjustments, partially attributed to disruptions from flooding. This drop interrupted the upward trend...
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Industrial production has decreased in Hungary: the NGM urges the reduction of German dependence
According to the latest data of the Central Statistical Office (KSH), adjusted for calendar effects, industrial production in September 2024 was 5.4 percent below the level of the previous year,...
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NGM: Consumer Protection Council meeting for the protection of consumer rights and the effectiveness of the domestic consumer protection institutional system
The Ministry of National Economy (NGM), which is responsible for consumer protection, organized the second meeting of the Consumer Protection Council of the year, which was attended by a wide...
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NGM: 1.5 million guests rested in our country in September, the performance of tourism continued to increase
Based on the data of the Central Statistical Office (KSH) and the National Tourist Information Center (NTAK), in September 2024, nearly 1.5 million people visited our country and used the...
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