14 result(s) for high energy costs in Finance
Oil Price Surge Threatens Hungarian Forint
- 3 Mar 2026 12:46 PM
- http://www.hatc.hu
- finance
A sustained 10% rise in oil prices could lift inflation by 0.5% in Romania and 0.45% in Hungary, according to an analysis by ING bank underlining the vulnerability of energy-importing economies in Central and Eastern Europe.
Economy Minister Signals Plan to Reduce Number of Major Banks in Hungary
- 24 Feb 2026 2:13 PM
- finance
Hungary’s National Economy Minister, Márton Nagy, has indicated that the government would like to see the number of major banks operating in Hungary reduced to five.
Energy Subsidies Cost HUF 5 Trillion in Hungary
- 19 Feb 2025 5:27 AM
- http://www.hatc.hu
- finance
The government has spent Ft 5 trillion on subsidising energy costs for various companies and institutions since the end of 2022, more than on national defence and policing, Népszava reports.
Hungary’s Inflation Rate Rises to 5.5% in January, Driven by Food, Service Costs
- 12 Feb 2025 1:17 PM
- https://bbj.hu/
- finance
Hungary’s inflation rate reached 5.5% in January compared to the same month a year earlier, according to the Central Statistical Office (KSH), with soaring food and service prices contributing to the increase.
IMF Sees Hungary Economic Growth Among Highest In Region
- 15 Oct 2022 7:28 AM
- hungarymatters.hu
- finance
The International Monetary Fund (IMF) has bumped up its projection for Hungary’s economic growth in 2022 to 5.7%, among the highest in the region, according to the finance ministry.
Higher Minimum Wage, Public Sector Pay Keep Wage Growth in Double Digits
- 26 Jul 2022 8:44 AM
- hungarymatters.hu
- finance
The average gross wage in Hungary climbed 14.9% year-on-year to 495,900 forints (EUR 1,250) in May, data released by the Central Statistical Office (KSH) on Monday show.
Inflation to Peak in Autumn, Says National Bank of Hungary Director
- 1 Jul 2022 7:49 AM
- hungarymatters.hu
- finance
Inflation is expected to peak in autumn 2022, then gradually subside until it reaches the central bank’s tolerance band at the end of 2023, and the NBH target of 3% by 2024 H1, according to Gergely Baksay, director of the National Bank of Hungary (NBH).
Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report
- 25 Mar 2022 4:17 PM
- hungarymatters.hu
- finance
The National Bank of Hungary (NBH) acknowledged the country’s “dynamic” economic growth early in the year, following a record expansion in 2021, but said economic activity in the coming quarters will be “strongly influenced” by the war in Ukraine in its quarterly Inflation Report released on Thursday.
Hungary Central Bank Raises Base Rate 50 Basis Points
- 23 Feb 2022 8:35 AM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40% at a regular policy meeting on Tuesday.
Oil Price Surge Threatens Hungarian Forint
- 3 Mar 2026 12:46 PM
- http://www.hatc.hu
- finance
A sustained 10% rise in oil prices could lift inflation by 0.5% in Romania and 0.45% in Hungary, according to an analysis by ING bank underlining the vulnerability of energy-importing economies in Central and Eastern Europe.
Economy Minister Signals Plan to Reduce Number of Major Banks in Hungary
- 24 Feb 2026 2:13 PM
- finance
Hungary’s National Economy Minister, Márton Nagy, has indicated that the government would like to see the number of major banks operating in Hungary reduced to five.
Energy Subsidies Cost HUF 5 Trillion in Hungary
- 19 Feb 2025 5:27 AM
- http://www.hatc.hu
- finance
The government has spent Ft 5 trillion on subsidising energy costs for various companies and institutions since the end of 2022, more than on national defence and policing, Népszava reports.
Hungary’s Inflation Rate Rises to 5.5% in January, Driven by Food, Service Costs
- 12 Feb 2025 1:17 PM
- https://bbj.hu/
- finance
Hungary’s inflation rate reached 5.5% in January compared to the same month a year earlier, according to the Central Statistical Office (KSH), with soaring food and service prices contributing to the increase.
IMF Sees Hungary Economic Growth Among Highest In Region
- 15 Oct 2022 7:28 AM
- hungarymatters.hu
- finance
The International Monetary Fund (IMF) has bumped up its projection for Hungary’s economic growth in 2022 to 5.7%, among the highest in the region, according to the finance ministry.
Higher Minimum Wage, Public Sector Pay Keep Wage Growth in Double Digits
- 26 Jul 2022 8:44 AM
- hungarymatters.hu
- finance
The average gross wage in Hungary climbed 14.9% year-on-year to 495,900 forints (EUR 1,250) in May, data released by the Central Statistical Office (KSH) on Monday show.
Inflation to Peak in Autumn, Says National Bank of Hungary Director
- 1 Jul 2022 7:49 AM
- hungarymatters.hu
- finance
Inflation is expected to peak in autumn 2022, then gradually subside until it reaches the central bank’s tolerance band at the end of 2023, and the NBH target of 3% by 2024 H1, according to Gergely Baksay, director of the National Bank of Hungary (NBH).
Hungarian Central Bank Points to 'Strong' Influence of War on Economic Activity in Inflation Report
- 25 Mar 2022 4:17 PM
- hungarymatters.hu
- finance
The National Bank of Hungary (NBH) acknowledged the country’s “dynamic” economic growth early in the year, following a record expansion in 2021, but said economic activity in the coming quarters will be “strongly influenced” by the war in Ukraine in its quarterly Inflation Report released on Thursday.
Hungary Central Bank Raises Base Rate 50 Basis Points
- 23 Feb 2022 8:35 AM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters raised the base rate by 50 basis points to 3.40% at a regular policy meeting on Tuesday.