832 result(s) for consumption
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Hungary Among Less Drug-Afflicted European Countries
- 1 Jun 2016 9:00 AM
- health & wellness
Hungary is among the less drug afflicted countries in Europe, according to a fresh report by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA). The 2016 report was based on expert analysis and anonymous accounts of drug users.
Retail Sales In Hungary Rise 5.5% In March
- 26 May 2016 9:00 AM
- shopping
Retail sales in Hungary grew by 5.5% in March from the same month a year earlier, the Central Statistical Office (KSH) confirmed in a second reading of data. Retail sales rose by an annual 4.2%, adjusted for calendar year effects. The pace slowed from an unadjusted 6.7% and a calendar year-adjusted 6.6% rise in February. Adjusted food sales were up 1.9% in March, non-food sales climbed by 7.6% ...
Hungary’s Q1 2016 GDP Growth Falls Far Short Of Projections
- 24 May 2016 9:00 AM
- business
Hungary’s GDP growth in the first quarter slowed to .09 percent, or roughly half what some analysts had predicted, according to online daily vg.hu. Compared to the same period in 2015, GDP growth has decreased by .8 percentage points.
New Beer Season Official Open In Hungary
- 12 May 2016 12:30 PM
- food & drink
The Association of Hungarian Brewers has officially opened the 2016 beer season. At the various stops in its latest “Sör mi több” series of beer-themed events this year, particular emphasis is being placed on the raw ingredients involved, and women’s relationship with beer. Interesting to know is that only the female, conical hop cones are suitable for brewing beer. They give the beer an ...
Budapest Marijuana Demo Goes Up In Smoke
- 28 Apr 2016 12:35 PM
- current affairs
After an hour of delays, a few dozen peaceful protesters arrived in front of the Hungarian Parliament building last week as part of a protest to legalize marijuana consumption in Hungary. A speaker at the event said that the problem with society is that it has no interest in controlling its destiny, similar to the small circle of protesters at Kossuth tér. When questions were put forward to the ...
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
NBH Deputy Governor Says Cutting Key Rate This Year Very Likely
- 11 Mar 2016 8:00 AM
- business
It is “very likely” that the central bank will cuts its key rate— currently 1.35%—this year, National Bank of Hungary (NBH) deputy governor Márton Nagy said at a conference of business weekly Figyelő. Nagy said the risk of the NBH missing its CPI target is great under current monetary conditions, Hungary instantly imports low external CPI, inflation expectations have never been this low and risk ...
Ball Of Hungarian Wines, Budapest, 27 February
- 18 Feb 2016 8:01 AM
- food & drink
The Ball of Hungarian Wines will be held on 27 February 2016 which will be the eleventh occasion when this magnificent event is organized. The venue is going to be the glamorous InterContinental Budapest which provides a breathtaking view to the most famous sites of Budapest.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Hungary Among Less Drug-Afflicted European Countries
- 1 Jun 2016 9:00 AM
- health & wellness
Hungary is among the less drug afflicted countries in Europe, according to a fresh report by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA). The 2016 report was based on expert analysis and anonymous accounts of drug users.
Retail Sales In Hungary Rise 5.5% In March
- 26 May 2016 9:00 AM
- shopping
Retail sales in Hungary grew by 5.5% in March from the same month a year earlier, the Central Statistical Office (KSH) confirmed in a second reading of data. Retail sales rose by an annual 4.2%, adjusted for calendar year effects. The pace slowed from an unadjusted 6.7% and a calendar year-adjusted 6.6% rise in February. Adjusted food sales were up 1.9% in March, non-food sales climbed by 7.6% ...
Hungary’s Q1 2016 GDP Growth Falls Far Short Of Projections
- 24 May 2016 9:00 AM
- business
Hungary’s GDP growth in the first quarter slowed to .09 percent, or roughly half what some analysts had predicted, according to online daily vg.hu. Compared to the same period in 2015, GDP growth has decreased by .8 percentage points.
New Beer Season Official Open In Hungary
- 12 May 2016 12:30 PM
- food & drink
The Association of Hungarian Brewers has officially opened the 2016 beer season. At the various stops in its latest “Sör mi több” series of beer-themed events this year, particular emphasis is being placed on the raw ingredients involved, and women’s relationship with beer. Interesting to know is that only the female, conical hop cones are suitable for brewing beer. They give the beer an ...
Budapest Marijuana Demo Goes Up In Smoke
- 28 Apr 2016 12:35 PM
- current affairs
After an hour of delays, a few dozen peaceful protesters arrived in front of the Hungarian Parliament building last week as part of a protest to legalize marijuana consumption in Hungary. A speaker at the event said that the problem with society is that it has no interest in controlling its destiny, similar to the small circle of protesters at Kossuth tér. When questions were put forward to the ...
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
NBH Deputy Governor Says Cutting Key Rate This Year Very Likely
- 11 Mar 2016 8:00 AM
- business
It is “very likely” that the central bank will cuts its key rate— currently 1.35%—this year, National Bank of Hungary (NBH) deputy governor Márton Nagy said at a conference of business weekly Figyelő. Nagy said the risk of the NBH missing its CPI target is great under current monetary conditions, Hungary instantly imports low external CPI, inflation expectations have never been this low and risk ...
Ball Of Hungarian Wines, Budapest, 27 February
- 18 Feb 2016 8:01 AM
- food & drink
The Ball of Hungarian Wines will be held on 27 February 2016 which will be the eleventh occasion when this magnificent event is organized. The venue is going to be the glamorous InterContinental Budapest which provides a breathtaking view to the most famous sites of Budapest.