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Consumer prices in Hungary rose by an annual 2.8% in May, the Central Statistical Office (KSH) said. In a month-on-month comparison, prices were up by 0.6%. The headline figure accelerated from 2.3% in April.
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With the testing phase complete, tax authority NAV is ready to launch its online invoicing system for small and medium-sized companies on July 1, Finance Minister Mihály Varga told MTI.
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Brand piracy in Hungary costs businesses some 300 billion forints (EUR 940m) a year, according to a report by the European Union Intellectual Property Office (EUIPO) published on World AntiCounterfeiting Day.
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The World Bank raised its forecasts for Hungary’s GDP growth in 2018-2020 in its fresh biannual Global Economic Prospects report.
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Under the European Commission’s current plans, Hungary will receive a 24% cut in funding in the 2021- 2027 financial framework, but in the negotiation rounds ahead, the extent of the reduction could change significantly, the daily Magyar Idők said.
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The owners of brewery Hara’Punk Brewing and coffee house 'A Kávé Háza' will talk about their paths to success and responsible financial decisions at an event on Wednesday, June 13.
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