Tag "NGM"
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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Gergely Fábián: peace is needed to restore the performance of industry
According to the State Secretary responsible for industrial policy and technology of the Ministry of Economy, peace is needed to restore the performance of industry, the ministry told MTI on...
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NGM: consumption expansion has been unbroken for the sixth month, with another significant increase in retail sales in June
Based on the latest data from the Central Statistical Office, the volume of retail trade increased by 2.6 percent in June 2024 compared to the same period of the previous...
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The increase in real wages affects consumption, which is important for stimulating the economy
The increase in real wages means that more money remains in people’s pockets, more money is left for consumption, which is very important for stimulating the economy – the state...
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Sándor Czomba: real wages increased by more than 10 percent in May
As a result of targeted and effective government measures, inflation has remained unabated, as a result of which real wages have been rising continuously since September 2023, i.e. for 9...
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NGM: the SZÉP card is still the engine of domestic tourism
The popularity of the SZÉP card continues to grow, as shown by the fact that in the first half of 2024, the total value of top-ups increased to more than...
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More than 21,000 people are already working in the Summer Student Work Program
For the twelfth time this year, the government has announced the Summer Student Work program, which is popular across the country, with a budget of around HUF 3.8 billion. Due...
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Sándor Czomba: expanding employment contributes to increasing competitiveness
The goal of the six-month Hungarian presidency of the Council of the European Union is to ensure the increase of European competitiveness by expanding employment, the State Secretary responsible for...
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NGM deputy state secretary: the launch of the Budapest-Brassó flight is an important step for both cities
The launch of the Budapest-Brassó flight is an important step for both cities and both countries – said the Deputy State Secretary of the Ministry of National Economy (NGM) at...
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NGM: tourist interest in Hungary has increased spectacularly
The visitor traffic of the Pentecost long weekend also made a significant contribution to the extremely spectacular results of the tourism sector in May, as the number of guest nights...
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NGM State Secretary: the machine industry plays a decisive role in industrial development
The development of the machine industry is essential for Hungary to be at the forefront of European industry by 2030 – said the State Secretary responsible for industrial policy and...
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NGM: the government has suppressed inflation, the mandatory promotions will end on July 1, 2024
With the mandatory sales – thanks to which families were able to get basic food such as bread, meat, milk or various vegetables at a cheaper price – the government...
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NGM: fuel prices remained below the average of neighboring countries
Fuel prices remained below the average prices of neighboring countries, and in order to protect families, the government continues to continuously monitor the evolution of prices – the Ministry of...
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