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9 result(s) for 16 february in Finance

Update: Why National Bank Trimmed Base Rate in Hungary After 16 Months on Hold

Update: Why National Bank Trimmed Base Rate in Hungary After 16 Months on Hold

  • 12 Mar 2026 5:33 AM
  • finance
The Monetary Council of the National Bank of Hungary (NBH) decided to cut the central bank base rate by 25bp to 6.25pc at a monthly policy meeting.
Polgári Bank to Be Absorbed by MagNet Bank in Hungary

Polgári Bank to Be Absorbed by MagNet Bank in Hungary

Polgári Bank’s customers will be transferred to MagNet Bank from February 28, the two lenders announced on Friday, as they are to merge on that date.
Budget Deficit Now HUF 2,710 Billion in Hungary

Budget Deficit Now HUF 2,710 Billion in Hungary

Hungary’s cash-flow-based budget deficit was 2,709.7 billion forints (EUR 7.3bn) at the end of April, up from 2,089.7 billion at the end of March, the Finance Ministry said in a preliminary release of data.
Watch: Inflation Insights - Consumer Price Index in Hungary Remains Above 25% in March

Watch: Inflation Insights - Consumer Price Index in Hungary Remains Above 25% in March

Consumer prices in Hungary were 25.2% higher on average in March 2023 than a year earlier, according to data published by the Central Statistical Office (KSH).
Inflation in Hungary Hits Highest Level in 15 Years

Inflation in Hungary Hits Highest Level in 15 Years

Consumer prices in Hungary were 8.3% higher on average in February 2022 than a year earlier, according to data published by the Central Statistical Office (KSH), representing the highest inflation rate since August 2007.
Faster Minimum Wage Hikes Advocated by Hungarian Union

Faster Minimum Wage Hikes Advocated by Hungarian Union

High inflation and the weaker forint have annulled the wage hike made at the beginning of the year, so the gross minimum wage should be increased to Ft 200,000 per month from January 1, 2022, president László Kordás of union alliance Maszsz told Népszava on Monday.
Consumer Prices Rise 3.1% In February

Consumer Prices Rise 3.1% In February

Annual inflation in Hungary was 3.1% in February, the Central Statistical Office (KSH) said. Inflation grew at a higher rate than 2.7% registered in January, with higher tobacco prices due to excise tax increases putting upward pressure on the index.
Hungary GDP Falls 3.6 Percent In Q4, 5 Percent In Full Year

Hungary GDP Falls 3.6 Percent In Q4, 5 Percent In Full Year

Hungary’s economy shrank by an annual 3.6% in the fourth quarter of 2020, slowing from a 4.6% decline in Q3, the Central Statistical Office (KSH) said.
S&P To Review Hungary’s Credit Rating On 17 Aug

S&P To Review Hungary’s Credit Rating On 17 Aug

Standard & Poor’s Global Ratings is scheduled to review Hungary’s sovereign credit rating on Friday. This will be the second and last scheduled sovereign credit rating review of Hungary by S&P this year.
Update: Why National Bank Trimmed Base Rate in Hungary After 16 Months on Hold

Update: Why National Bank Trimmed Base Rate in Hungary After 16 Months on Hold

  • 12 Mar 2026 5:33 AM
  • finance
The Monetary Council of the National Bank of Hungary (NBH) decided to cut the central bank base rate by 25bp to 6.25pc at a monthly policy meeting.
Polgári Bank to Be Absorbed by MagNet Bank in Hungary

Polgári Bank to Be Absorbed by MagNet Bank in Hungary

Polgári Bank’s customers will be transferred to MagNet Bank from February 28, the two lenders announced on Friday, as they are to merge on that date.
Budget Deficit Now HUF 2,710 Billion in Hungary

Budget Deficit Now HUF 2,710 Billion in Hungary

Hungary’s cash-flow-based budget deficit was 2,709.7 billion forints (EUR 7.3bn) at the end of April, up from 2,089.7 billion at the end of March, the Finance Ministry said in a preliminary release of data.
Watch: Inflation Insights - Consumer Price Index in Hungary Remains Above 25% in March

Watch: Inflation Insights - Consumer Price Index in Hungary Remains Above 25% in March

Consumer prices in Hungary were 25.2% higher on average in March 2023 than a year earlier, according to data published by the Central Statistical Office (KSH).
Inflation in Hungary Hits Highest Level in 15 Years

Inflation in Hungary Hits Highest Level in 15 Years

Consumer prices in Hungary were 8.3% higher on average in February 2022 than a year earlier, according to data published by the Central Statistical Office (KSH), representing the highest inflation rate since August 2007.
Faster Minimum Wage Hikes Advocated by Hungarian Union

Faster Minimum Wage Hikes Advocated by Hungarian Union

High inflation and the weaker forint have annulled the wage hike made at the beginning of the year, so the gross minimum wage should be increased to Ft 200,000 per month from January 1, 2022, president László Kordás of union alliance Maszsz told Népszava on Monday.
Consumer Prices Rise 3.1% In February

Consumer Prices Rise 3.1% In February

Annual inflation in Hungary was 3.1% in February, the Central Statistical Office (KSH) said. Inflation grew at a higher rate than 2.7% registered in January, with higher tobacco prices due to excise tax increases putting upward pressure on the index.
Hungary GDP Falls 3.6 Percent In Q4, 5 Percent In Full Year

Hungary GDP Falls 3.6 Percent In Q4, 5 Percent In Full Year

Hungary’s economy shrank by an annual 3.6% in the fourth quarter of 2020, slowing from a 4.6% decline in Q3, the Central Statistical Office (KSH) said.
S&P To Review Hungary’s Credit Rating On 17 Aug

S&P To Review Hungary’s Credit Rating On 17 Aug

Standard & Poor’s Global Ratings is scheduled to review Hungary’s sovereign credit rating on Friday. This will be the second and last scheduled sovereign credit rating review of Hungary by S&P this year.