Tag "NGM"
NGM: the recovery of consumption continued, the volume of retail trade increased again in April
Overall, the significant increase in retail turnover indicates that as a result of the government measures, consumption is in the recovery phase, this process is substantially supported by the suppression...
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Registration for this year’s Summer Student Work Program has begun
Since 2013, the government has been announcing the Summer Student Work Program with unbroken success, for which eligible persons can apply for a HUF 3.8 billion budget this year –...
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NGM: trust is unbroken, Moody’s also continues to recommend Hungary for investment
Despite the escalating war situation, confidence in Hungary is unbroken: Moody’s also continues to recommend our country for investment – the Ministry of National Economy (NGM) emphasized in its statement...
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NGM: in the first 4 months of the year, domestic hotels registered nearly 10 million guest nights
Based on the latest data from the Central Statistical Office (KSH) and the National Tourist Information Center (NTAK), between January and April 2024, domestic hotels registered a total of around...
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NGM: handed over high-tech developments to Fábián Gergely Sárvár
Thanks to the support of economic revitalizing investments, the Ministry of National Economy (NGM) promotes sustainable and inclusive economic growth throughout the country, thus creating higher competitiveness and new perspectives...
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NGM State Secretary: the interest rate cap protected SMEs from the negative effects of the rising yield environment
The interest rate cap protected SMEs from the negative effects of the rising yield environment; the introduction of the measure did not mean an additional burden for them thanks to...
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NGM: the weakness of the export markets continues to worsen the performance of the industry
Based on the data of the Central Statistical Office, in March 2024, according to calendar-adjusted data, the volume of industrial production decreased by 2.8 percent compared to the previous year....
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NGM: the recovery of consumption is becoming more and more dynamic, retail turnover increased by 4.2 percent in March, which means that consumption has increased for three consecutive months
Based on the latest data from the Central Statistical Office (KSH), the volume of retail trade increased by 4.2 percent in March 2024 compared to the same period of the...
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NGM: innovation means the future of the food industry, State Secretary Gergely Fábián handed over new developments
In the framework of the Food Supplier Development Program (ÉLIP BFP), the company received nearly HUF 500 million in support, which was used, among other things, for the purchase of...
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NGM: the lives of families are significantly affected by food and health expenses and fuel prices
According to the surveys, the most significant expenses of the population, in addition to food and health expenses, are fuel expenses. This means that in the case of the population,...
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The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National Economy on April 22, looking at the first quarter of 2024, it can be established that in the first three...
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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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