Forint Plunges After Orbán Announces New ‘Special Taxes’
- 26 May 2022 10:08 AM
The Hungarian forint began to fall after Viktor Orbán’s announcement late on Wednesday that the government would impose special taxes.
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Most Hungarians See EU Economic Standards Out of Reach
- 24 May 2022 8:46 AM
Some 67% of Hungarians believe it is impossible to achieve the government’s stated goal of catching up with EU economic standards by 2030, according to a survey by the Pulzus Research Institute.
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GDP Growth High in Q1, Albeit From Low Base
- 18 May 2022 9:12 AM
Hungary’s GDP grew by an annual 8.2% in the first quarter, albeit from a low base, a first reading of data released by the Central Statistical Office (KSH) shows.
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EBRD Puts Hungary GDP Growth at 3.5% in 2022
- 11 May 2022 9:40 AM
The European Bank for Reconstruction and Development (EBRD) forecast Hungary’s economy will expand by 3.5% this year in a report published on Tuesday.
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Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected
- 4 May 2022 8:02 AM
Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
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Central Bank Hiked Interest Rate in Hungary by 100 Basis Points
- 27 Apr 2022 6:59 AM
Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.
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