• Hungary To Increase Military Spending In 2018

    Hungary To Increase Military Spending In 2018

    • 18 May 2017 9:52 AM

    Pro-government print daily Magyar Idők (Hungarian Times) reports that military-related spending is to increase HUF 73.6 billion in 2018 to HUF 428 billion, or 1.05 percent of GDP. This is an increase of 21 percent.

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  • Hungarian Parliament Amends Advertisement Tax Law

    Hungarian Parliament Amends Advertisement Tax Law

    • 17 May 2017 8:00 AM

    Parliament on Tuesday passed a law amendment setting the rate of advertisement tax at 7.5 percent from the second half of 2017. The levy will apply to companies with revenue exceeding a net amount of 100 million forints (EUR 320,000) from July 1, 2017. The bill submitted by the economy minister was passed with 117 votes in favour and 58 against.

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  • Hungary Inflation 2.2 Pc In April

    Hungary Inflation 2.2 Pc In April

    • 11 May 2017 10:00 AM

    Consumer prices in Hungary grew by an annual 2.2 percent in April, down from 2.7 percent in March, the Central Statistical Office (KSH) said on Wednesday. Analysts in London forecast inflation at 2.1-2.4 percent for April. Consumer prices increased by 0.4 percent in April in a monthly comparison after flat-lining in March.

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