Economy Expands 6.5% in Hungary During Q2
18 Aug 2022Hungary's GDP grew by an annual 6.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data released on Wednesday. More >>
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Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK
- 9 Aug 2022 10:49 AM
An opposition Democratic Coalition (DK) official has insisted that higher household energy bills will feed into “brutal inflation” by the end of the year.
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Latest Trade Deficit in Hungary “Significantly Larger” Than Expected
- 9 Aug 2022 10:22 AM
Hungary had a 471 million euro trade deficit in June, a first reading of data released by the Central Statistical Office (KSH) on Monday shows.
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Energy Prices Will Double Budapest Transport Company’s Losses
- 8 Aug 2022 10:51 AM
The BKV’s energy costs doubled in the first half of 2022 compared to the same period of last year, the Budapest public transport company said in response to HVG’s question.
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Companies in Hungary May Now Pay Taxes In Euros, Dollars
- 1 Aug 2022 9:14 AM
Businesses can pay corporate and business taxes in euros and US dollars in addition to forints, Finance Minister Mihály Varga announced last Saturday.
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Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained
- 27 Jul 2022 11:35 AM
NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
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Higher Minimum Wage, Public Sector Pay Keep Wage Growth in Double Digits
- 26 Jul 2022 8:44 AM
The average gross wage in Hungary climbed 14.9% year-on-year to 495,900 forints (EUR 1,250) in May, data released by the Central Statistical Office (KSH) on Monday show.
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