Tag "NGM"
NGM: government will preserve the purchasing power of pensions, pensioners will receive an additional increase of an average of HUF 39,600 in November
The government is committed to providing stable and predictable living conditions for pensioners. In January this year, the government increased pensions by 3.2 percent, which provided substantial assistance to approximately...
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NGM: 2025 is the year of breakthrough, catching up will not be stopped
According to Eurostat data published on Thursday, in 2024, Hungary’s GDP per capita measured at purchasing power parity was 77 percent of the EU average, ahead of Slovakia, Latvia, Greece...
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More than 1 million guests arrived at Hungarian hotels
Hungarian tourism continued to strengthen in February 2025: more than 1 million guests were registered in domestic accommodation, which represents an increase of almost 14 percent compared to the same...
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Soon there will be an ATM in every Hungarian settlement with over 2,000 inhabitants, the government welcomes the decision of the banking association
The government is working to ensure that every Hungarian settlement has at least one ATM. Minister of National Economy Márton Nagy is continuously negotiating and negotiating with the banking association...
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Hungarian-Israeli tourism ties are strong
Minister of National Economy Márton Nagy received Israeli Tourism Minister Chaim Kac in his office on Tuesday, a further step in strengthening Hungarian-Israeli tourism cooperation, the Ministry of National Economy...
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NGM: the Council of the Elderly initiated the expansion of the range of products subject to VAT refunds
The Council of the Elderly has initiated the expansion of the range of products subject to VAT refunds, the Ministry of National Economy (NGM) announced in a statement on Wednesday....
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NGM: we are fighting against unjustified price increases
The government is constantly working to make families’ money worth more and to be able to manage more. The government is therefore monitoring the development of prices, especially food prices,...
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NGM: retail turnover took off in January
According to the data of the Central Statistical Office (KSH) adjusted for calendar effects, the volume of retail trade increased by 4.7 percent in January compared to the same period...
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NGM: weak German economy limits domestic industry’s performance
The competitiveness problems of the European Union and the economic crisis in Germany are limiting the export-driven Hungarian economy, including the performance of industry. The government aims to increase economic...
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The Ministry of Agriculture expects retail chains to voluntarily reduce prices
What is happening in stores these days is unacceptable, price increases must be stopped in the interests of families and pensioners! The Ministry of National Economy (NGM) is conducting intensive...
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The number of registered job seekers decreased by 3,000 in February
According to data from the National Employment Service, in February 2025, only 232,348 people were unemployed, which is a decrease of more than 3,000 people compared to the same period...
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Zoltán Guller is the Chairman and CEO of Szerencsejáték Zrt.
Minister of National Economy Márton Nagy will appoint Zoltán Guller, Chairman of the Board of Directors of the Hungarian Tourism Agency, as of March 5, 2025, as the Chairman and...
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Máté Lóga: 2025 could be the year of taking off
The dynamic expansion of retail turnover shows that after the past three difficult years, 2025 could be a year of breathing space and getting going, and this could continue in...
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NGM: The popularity of the SZÉP card will continue to grow in 2025
The SZÉP card is playing an increasingly important role in the financial life of Hungarian households, and its popularity continued to grow last year, thereby contributing to the development of...
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NGM: following the record year of 2024, tourism will continue to grow in 2025, 18 percent more guests arrived at domestic accommodations in January
The opening event of the campaign, timed for Women’s Day, is the FIAT Charity Fashion Market, an exclusive charity clothing fair, which will be hosted by the Apollo Gallery this...
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NGM: at the forefront of economic whitewashing – Hungary is the first in the world to make e-cash registers general
The government’s priority goal is to maintain fair market competition and whiten the economy. Hungary is at the forefront of whitening the economy, and many of the government’s online measures...
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Average earnings to increase by 13 percent in 2024
The government is constantly working to ensure that families can manage with more and more money – emphasized Sándor Czomba, State Secretary for Employment Policy at the Ministry of National...
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NGM: pensioners will be able to use VAT refunds extremely easily
Malicious comments and criticisms regarding the VAT refund of pensioners, without information on the exact regulations, are nothing more than simple, old-fashioned political sentiment-raising – this is how the Ministry...
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Online price monitoring may expand
In order to protect families, keep inflation low and strengthen retail competition, a social consultation will start on Friday on the expansion of the online price monitoring system to 100...
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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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