Tag "NGM"
NGM: Márton Nagy asked Booking to comply with the law and ensure the acceptance of the SZÉP card
Minister of National Economy Márton Nagy received Katerina Shearer, Booking.com’s head of government relations for the Central and Eastern European region, in his office. At the meeting, the current situation...
Read more
Sándor Czomba: domestic employment remains high
Based on the latest data from the Central Statistical Office (KSH), the number of employed people reached around 4,699,000 in September 2024, the Ministry of Economic Affairs (NGM) pointed out...
Read more
Standard and Poor’s: Hungary is still recommended for investment
In today’s rating, Standard and Poor’s confirmed that it continues to recommend Hungary for investment, so the reports of the three most important credit rating agencies all reflect a high...
Read more
NGM promises an average salary of HUF 1 million
According to Márton Nagy, the minimum wage of 1,000 euros and the average salary of 1 million forints are achievable, the Minister of National Economy held a meeting on Tuesday...
Read more
NGM: increased consumer protection control at online stores and courier companies
The Minister of National Economy called on the consumer protection authority to investigate the information and complaint handling obligations of online stores and courier companies, which will take the necessary...
Read more
NGM: the number of successful businesses with female management is increasing
The number of successful businesses with female management is increasing – stressed László Hunyadi, the Deputy State Secretary responsible for business development of the Ministry of National Economy (NGM) on...
Read more
KSH and NGM concluded a strategic agreement
The KSH and the NGM concluded a strategic agreement in order to reduce data collection costs and data provider burdens, and to increase data integrity, and they also agreed on...
Read more
NGM: the popularity of the SZÉP card continued to grow in the summer
The results of the year 2024 also confirm that the SZÉP card plays a prominent role in the financial toolbox of Hungarian families, supporting their carefree rest, while also strengthening...
Read more
NGM: the review of Airbnb regulations will only affect Budapest
In connection with the announcement made by the 26 tourism organizations, the Ministry of National Economy (NGM) states that a housing problem has developed in Budapest, which particularly affects young...
Read more
The expansion of consumption has been unbroken for eight months, the growth of retail turnover accelerated to 4.1 percent in August
Based on the latest data from the Central Statistical Office (KSH), the trend of expansion of retail sales since January continued in August 2024, the Ministry of National Economy (NGM)...
Read more
Small and medium-sized enterprises have an important role to play in economic recovery
In the coming years, small and medium-sized enterprises (SMEs) will play an important role in economic recovery, and the government is therefore opening up new financing opportunities for them –...
Read more
NGM: the food industry and pharmaceutical production are also performing well
Based on Friday’s data from the Central Statistical Office (KSH), some sectors of the Hungarian economy perform better, others worse, but the Hungarian economy as a whole is growing. In...
Read more
NGM: the Consumer Protection Civil Forum is established – the Ministry of National Economy strengthens its cooperation with consumer protection associations and conciliation bodies
The Ministry of National Economy (NGM), which is responsible for consumer protection, actively and constructively cooperates with all actors of the consumer protection institutional system in order to protect Hungarian...
Read more
NGM State Secretary: artificial intelligence has become part of everyday life
Digitization is a priority sector, artificial intelligence (AI) has become part of everyday life – said Richárd Szabados, the State Secretary responsible for the development of small and medium-sized enterprises...
Read more
NGM: tourism boomed in August as well, the number of guest nights exceeded 31 million
According to the latest data from the Central Statistical Office and the National Tourism Information Center, the performance of the tourism sector in Hungary continued to increase in August 2024,...
Read more
Price increases for products with previous price caps: an investigation may be launched against the store chains
The Ministry of National Economy (NGM) recently expressed its concerns about the fact that large chain stores simultaneously raised the prices of products that were previously subject to price caps...
Read more
NGM: the rules for the employment of guest workers may be further tightened
In order to protect Hungarian workers and their families as strongly as possible, the rules for the employment of guest workers may be further tightened. The social consultation of the...
Read more
NGM: consumer protection was everywhere even in the summer
The Ministry responsible for consumer protection and the government offices under its professional supervision have been vigilant throughout the summer to protect Hungarian consumers – confirmed the Ministry of Economy...
Read more
NGM: Liszt Ferenc International Airport in top form
Liszt Ferenc International Airport is in top form, with passenger traffic increasing by nearly 20 percent and freight traffic by 50 percent until August, Máté Lóga, State Secretary responsible for...
Read more
Márton Nagy is satisfied with the rate of decrease in inflation
As in the previous months, inflation remained at a low level in line with market expectations in August – Minister of National Economy Márton Nagy evaluated the latest data in...
Read more
Conciliation Forum of Chambers of Commerce: SMEs become the focus of economic policy
On Tuesday, the Conciliation Forum of the Chambers of Commerce held its first autumn meeting, and overall its sixth meeting, which since its establishment in January 2023 – in addition...
Read more
NGM: the increase in retail turnover continued in July
The sales revenue of retail stores increased by 6.3 percent in one year, which still lags behind the significant nominal increase in wages. The slower growth of commercial turnover points...
Read more
NGM: tourism performed better than ever before in July
Tourism performed better than ever before in July – stated the Ministry of National Economy (NGM) based on the latest figures published on Thursday. The announcement cites data from the...
Read more
The Minister of National Economy orders an extraordinary consumer protection investigation at the airlines
The National Economy Ministry (NGM), which is responsible for consumer protection, will take decisive action against airlines that commit violations in the interest of the full eradication of the problems...
Read more
Mandatory action: the Ministry of National Economy takes action against retail chains that apply unfair price increases
The government measures introduced to protect families, such as food price caps, mandatory special offers, and the online price monitoring system, have proven to be effective in breaking down sanctioned...
Read more
GVH is also investigating the pricing practice revealed by NGM
The Economic Competition Authority (GVH) will examine the pricing practice revealed and indicated by the Ministry of National Economy (NGM) as part of a complaint procedure, the supporting evidence and...
Read more
NGM analysis: Hungarians spend abroad and on online marketplaces
In the first half of 2024, the consumption habits of the Hungarian population underwent significant changes, which were primarily shaped by the inflationary crisis and the war environment. Despite the...
Read more
Sándor Czomba: real wages also increased significantly in June, by more than 9 percent
Thanks to persistently low inflation and outstanding wage dynamics, real wages are rising continuously and significantly, stated Sándor Czomba, State Secretary of the Ministry of Economic Affairs (NGM) responsible for...
Read more
Starting school and consumer protection – let’s consciously buy school supplies too!
With the start of school approaching, not only students and their parents are preparing for the new academic year, but consumer protection is also paying special attention to checking the...
Read more
NGM: in accordance with market expectations, inflation remains at a low level
Based on the latest data from the Central Statistical Office, the rate of inflation reached 4.1 percent on an annual basis in July 2024, which is favorable in line with...
Read more