125 result(s) for price caps
Supermarkets in Hungary Now Competing to 'Undersell Produce', Says EconMin
- 29 Jun 2023 9:14 AM
- hungarymatters.hu
- shopping
Government-mandated discounts on some supermarket produce introduced on June 1 to curb sanctions-related inflation has been effective, according to the ministry of economic development, adding that supermarkets were now competing to undersell produce.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023
- 26 Jun 2023 10:06 AM
- hungarymatters.hu
- finance
Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Food Price Caps in Hungary To Be Dropped On Aug 1st
- 23 Jun 2023 9:42 AM
- hungarymatters.hu
- shopping
The government has decided to maintain the current cap on the price of some food products until August 1, the head of the Prime Minister's Office has said.
Potato Scandal: Retailers in Hungary Object to Fines on 'Missing Products'
- 26 May 2023 4:53 PM
- http://www.hatc.hu
- shopping
Retailers are protesting that the consumer protection authority is fining them for not having fixed-priced products in shops even when suppliers cannot provide them, as is currently the case with potatoes, the Retail Association (OKSZ) announced.
EC Approves Hungary’s Paks Nuclear Power Plant Upgrade Contract Changes
- 26 May 2023 3:19 PM
- hungarymatters.hu
- current affairs
The European Commission has approved the modifications to the contracts of the expansion of Hungary’s Paks nuclear power plant, allowing for the project to be speeded up, Péter Szijjártó, the minister of foreign affairs and trade, said.
Should Hungary Scrap Utility Price Caps? - Gov't Rejects This EC Advice
- 26 May 2023 11:48 AM
- hungarymatters.hu
- current affairs
The head of the Prime Minister’s Office said the European Commission had no right to recommend that Hungary should scrap the price caps on household utility bills, adding that the country would preserve the achievements of the scheme.
Key Opposition Party in Hungary Calls for 5-Part 'Households Rescue Package'
- 22 May 2023 6:01 AM
- hungarymatters.hu
- current affairs
The opposition Socialists call for the introduction of a five-part rescue package for households, the party’s co-leader said.
Shops Warned About "Playing Tricks” With Food Price Caps, HUF 1 Billion Fines Issued
- 22 May 2023 5:21 AM
- http://www.hatc.hu
- shopping
Consumer protection checks and controls have been continuous since the price caps on specified foods were introduced and more than Ft 1 billion in fines have been meted out by the authorities, “which sends a message to shops that it is not worth playing tricks”, government spokeswoman Alexandra Szentkirályi stressed at a press conference.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?
- 17 May 2023 6:38 AM
- hungarymatters.hu
- finance
Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.
Supermarkets in Hungary Now Competing to 'Undersell Produce', Says EconMin
- 29 Jun 2023 9:14 AM
- hungarymatters.hu
- shopping
Government-mandated discounts on some supermarket produce introduced on June 1 to curb sanctions-related inflation has been effective, according to the ministry of economic development, adding that supermarkets were now competing to undersell produce.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023
- 26 Jun 2023 10:06 AM
- hungarymatters.hu
- finance
Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Food Price Caps in Hungary To Be Dropped On Aug 1st
- 23 Jun 2023 9:42 AM
- hungarymatters.hu
- shopping
The government has decided to maintain the current cap on the price of some food products until August 1, the head of the Prime Minister's Office has said.
Potato Scandal: Retailers in Hungary Object to Fines on 'Missing Products'
- 26 May 2023 4:53 PM
- http://www.hatc.hu
- shopping
Retailers are protesting that the consumer protection authority is fining them for not having fixed-priced products in shops even when suppliers cannot provide them, as is currently the case with potatoes, the Retail Association (OKSZ) announced.
EC Approves Hungary’s Paks Nuclear Power Plant Upgrade Contract Changes
- 26 May 2023 3:19 PM
- hungarymatters.hu
- current affairs
The European Commission has approved the modifications to the contracts of the expansion of Hungary’s Paks nuclear power plant, allowing for the project to be speeded up, Péter Szijjártó, the minister of foreign affairs and trade, said.
Should Hungary Scrap Utility Price Caps? - Gov't Rejects This EC Advice
- 26 May 2023 11:48 AM
- hungarymatters.hu
- current affairs
The head of the Prime Minister’s Office said the European Commission had no right to recommend that Hungary should scrap the price caps on household utility bills, adding that the country would preserve the achievements of the scheme.
Key Opposition Party in Hungary Calls for 5-Part 'Households Rescue Package'
- 22 May 2023 6:01 AM
- hungarymatters.hu
- current affairs
The opposition Socialists call for the introduction of a five-part rescue package for households, the party’s co-leader said.
Shops Warned About "Playing Tricks” With Food Price Caps, HUF 1 Billion Fines Issued
- 22 May 2023 5:21 AM
- http://www.hatc.hu
- shopping
Consumer protection checks and controls have been continuous since the price caps on specified foods were introduced and more than Ft 1 billion in fines have been meted out by the authorities, “which sends a message to shops that it is not worth playing tricks”, government spokeswoman Alexandra Szentkirályi stressed at a press conference.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?
- 17 May 2023 6:38 AM
- hungarymatters.hu
- finance
Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.