Wage Growth In Hungary Slows To 9.1 Percent In August
- 31 Oct 2020 7:25 AM
Year-on-year wage growth in Hungary slowed to 9.1% in August from 10.8% in July, data released by the Central Statistical Office (KSH) on Friday show.
More >>Year-on-year wage growth in Hungary slowed to 9.1% in August from 10.8% in July, data released by the Central Statistical Office (KSH) on Friday show.
More >>The central government has decided to offer the city of Budapest an initial round of 60 billion forints (EUR 164.4m) in relief, if the government can take over the financing of a number of big municipal projects, the Prime Minister’s Office state secretary for Budapest developments told MTI.
More >>The GDP of Hungary could fall by 6.4% this year and economic trends could start to change from the second quarter of 2021 with a vaccine against the coronavirus possibly available by that time, Finance Minister Mihály Varga said at an annual hearing before a parliamentary committee.
More >>Parliament unanimously approved legislation to extend a moratorium on loan repayments, but only for vulnerable borrowers.
More >>The Monetary Council of the National Bank of Hungary (NBH) decided to leave the central bank base rate unchanged, at 0.60%, at a monthly policy meeting.
More >>The Hungarian currency shed 2% of its value against the euro this week due to fears of the economic impact of the second wave of the pandemic, HVG reports.
More >>
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