Tag "NGM"
NGM: tourism demand is increasing, the SZÉP Card was also a popular means of payment in March
The SZÉP Card also generated strong traffic in March, which remains the engine of tourism, the Ministry of National Economy (NGM) told MTI on Monday. While 2.6 million users had...
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NGM State Secretary: the ESG Act strengthens the competitiveness of Hungarian businesses
The aim of the law defining the framework for responsible environmental, social and corporate governance (ESG) is to strengthen the competitiveness of Hungarian enterprises and promote the creation of a...
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NGM: the government will restart it in 2024 and further increase the rate of economic growth in 2025
After the successful suppression of inflation, the government will restart it this year and increase the rate of economic growth next year, and when the war is over, Hungary will...
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Márton Nagy negotiated with representatives of the 13 fastest growing domestic companies
On Thursday, Minister of National Economy Márton Nagy received in his office the senior managers of the 13 domestic companies that are among the fastest growing economic companies in Europe...
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Márton Nagy also addressed the alleged expansion of Mere in Hungary
The value of state assets has doubled since 2010, from HUF 11.6 billion in 2010 to HUF 21.8 billion by 2022, and it accounts for 25 percent of GDP, Márton...
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NGM: the recovery of consumption continued in February, on an annual basis, retail sales increased for the second month running
Based on the latest data from the Central Statistical Office, the volume of retail trade in February 2024 increased by 4.6 percent according to raw data and 1.1 percent according...
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It will also be possible to withdraw HUF 150,000 per month at post offices
The availability of retail cash withdrawals can be significantly expanded, it will be possible to withdraw HUF 150,000 per month at post offices, the Ministry of National Economy (NGM) told...
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Gergely Fábián: integrated, data-based development in the food industry improves competitiveness and security of supply
In the food industry, the competitiveness of the sector can be increased with the integrated, data-based development of the product path, which also contributes to security of supply and sustainability,...
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NGM: the performance of the tourism sector is growing dynamically
Based on the latest data from the Central Statistical Office (KSH) and the National Tourist Information Center (NTAK), in February 2024, both the number of guest nights and the number...
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NGM: The Tourism Advisory Board held its inaugural meeting under the leadership of Márton Nagy
The Tourism Advisory Board was established and held its first meeting on Tuesday, which will function as an advisory and consultative body of the Ministry of National Economy in matters...
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GVH: Food inflation has not been as low as in February 2024 in seven years
In the second month of 2024, consumer prices were on average 3.7% higher than a year earlier, and food inflation was even lower, at 2.2%. In addition to government and...
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Márton Nagy: the collapse of inflation intensively supports the growth of real wages
Based on the latest data from the Central Statistical Office (KSH), inflation decreased to 3.7 percent in February 2024. The government reduced the rate of price increase to single digits...
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NGM: There are HUF 5 billion of dormant money on SZÉP cards
A megnövekedett költési kedv ellenére hozzávetőlegesen 5 milliárd forintnyi “alvó pénz” ragadt benn a SZÉP-kártya tulajdonosoknál. A kártyákon lévő kedvezményes források felhasználása, továbbá a gazdaság támogatása érdekében a kormány felkéri...
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NGM: recovery of consumption continues, retail turnover in January 2024 increased by 0.6 percent compared to the same period of the previous year
Based on the data of the Central Statistical Office (KSH), the volume of retail trade increased by 0.6 percent in January 2024 compared to the same period of the previous...
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NGM: the weakness of foreign markets is hindering the recovery of industrial performance
According to the data of the Central Statistical Office (KSH), industrial performance decreased by 3.6 percent on an annual basis in January 2024, while a decrease of 1.1 percent was...
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NGM: mandatory information on reduced packaging in stores begins
Mandatory information on reduced packaging in stores will start on Friday – the Ministry of National Economy (NGM) drew attention in its statement on Friday. The government successfully suppressed inflation....
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NGM: tourism is increasingly helping to restore economic growth
In January, the turnover of tourist accommodation increased by 11 percent, the performance of the sector in January surpasses the data of the record year 2019 before the war and...
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NGM: the government supports increasing labor market activity with more than HUF 460 billion
By 2030, more than HUF 460 billion in EU funds can help increase labor market activity, mobilize labor reserves, train those at work and improve working conditions, the Ministry of...
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NGM: retail sales also increased on a monthly basis in December
According to the latest data from the Central Statistics Office (KSH), in December 2023, retail sales were able to increase for the second month in a row compared to the...
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Due to the weakness of foreign markets, industrial performance decreased in December
The negative effects of the war and sanctions caused significant damage to the economy, and the weak demand associated with the weak European economy also negatively affected the performance of...
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The corporate awards of the Joint Venture Association were presentedA strategic partnership agreement was signed by NGM and the Joint Venture AssociationStratégiai partnerségi megállapodást írt alá az NGM és a Joint Venture Szövetség
The Joint Venture Association (JVSZ), which looks back on nearly 40 years of history, organized its large-scale “Companies for the Future Award” gala event for the third time. On Saturday,...
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NGM: State Secretary Gergely Fábián received a delegation of Italian agricultural and food industry associations
Gergely Fábián, the State Secretary responsible for industrial policy and technology of the Ministry of National Economy (NGM), received the representatives of the Italian agricultural and food industry associations Coldiretti...
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NGM: the review of the SME strategy has been completed, the aim is to strengthen Hungarian SMEs
The government reviewed and adopted the strategic document entitled “Strategy for the Strengthening of Hungarian Micro, Small and Medium Enterprises 2019-2030” and determined the priority business development measures to be...
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Gergely Suppan: the increase in consumption may be the engine of economic growth this year
The increase in consumption can be the engine of economic growth in Hungary this year, and a high investment rate will also continue to be needed – said the leading...
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NGM: the Gábor Baross Reindustrialization Loan Program remains a huge success
In order to strengthen Hungarian businesses and increase their performance, the government decided at the end of 2023 to extend the Gábor Baross Re-Industry Loan Program by providing an additional...
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NGM: the fight against inflation has entered a new phase
The fight against inflation entered a new phase after the rate of currency deterioration in Hungary dropped to a significantly lower than expected level in December, said the chief economist...
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NGM economist: economic growth may exceed 4 percent this year
A balanced economic growth of over 4 percent can be achieved this year – said Gergely Suppan, the chief economist of the Ministry of National Economy (NGM) on Tuesday on...
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NGM: economic stimulus programs are launched
The war and sanctions caused significant damage to the economy, and the weak European economy and thus overall weaker demand contributed negatively to the development of industrial performance. According to...
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NGM: customers must be informed if the packaging of a food is reduced
In order to protect families, the government has adopted a new measure, so food retailers with a turnover of over HUF 1 billion must post a warning notice if the...
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NGM: in addition to the reduction of inflation and the increase in real wages, the development of retail trade also shows an increasingly hopeful picture
According to the data of the Central Statistical Office (KSH), in November 2023, the value of retail trade nominally reached HUF 1,602 billion, which means an increase of HUF 50...
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