• 22 Nov 2024

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72 result(s) for raising prices

Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK

Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK

An opposition Democratic Coalition (DK) official has insisted that higher household energy bills will feed into “brutal inflation” by the end of the year.
Opposition Calls For Special Session to Discuss Cost-Of-Living Crisis in Hungary

Opposition Calls For Special Session to Discuss Cost-Of-Living Crisis in Hungary

Six opposition parliamentary groups have called for a special session of parliament to be convened on Aug. 8 to discuss their proposals to mitigate “the cost-of-living crisis” they say has gripped the country.
Opposition Parties Slam New Decision On Capped Fuel Prices by Gov't in Hungary

Opposition Parties Slam New Decision On Capped Fuel Prices by Gov't in Hungary

The opposition parties said on Saturday that the government’s latest decision “to partially withdraw” capped fuel prices represented a severe hit on small businesses, an additional step that boosts inflation and a move away from green solutions.
Forint Strengthens After Rate Hike

Forint Strengthens After Rate Hike

The forint started to weaken on Thursday morning after the MNB raised its one-week deposit facility interest rate by 200 basis points, then firmed later when verbal interventions helped the Hungarian currency.
Inflation to Peak in Autumn, Says National Bank of Hungary Director

Inflation to Peak in Autumn, Says National Bank of Hungary Director

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).
Public Transport Prices in Budapest Will Not Increase, Except for Tourist Ticket Types

Public Transport Prices in Budapest Will Not Increase, Except for Tourist Ticket Types

The price of most transport tickets and season passes in Budapest will not increase, but certain transport offers such as 3-day tickets, mainly purchased by tourists, will do, Gergely Karácsony, the mayor of Budapest, said on Friday.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Opposition Parties Comment on Windfall Taxes in Hungary

Opposition Parties Comment on Windfall Taxes in Hungary

Parties of the opposition have criticised the government for its Wednesday decision to make certain large companies pay a part of their extra profits to a new public utility cut fund and a defence fund.
Voters in Hungary Support Windfall Taxes, Századvég Survey Finds

Voters in Hungary Support Windfall Taxes, Századvég Survey Finds

Fully 79% of respondents in a recent Századvég survey expressed support for the government’s decision to levy a supertax on companies making extra profits to finance the government’s public utility cuts programme, the pollster said in Thursday.
Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK

Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK

An opposition Democratic Coalition (DK) official has insisted that higher household energy bills will feed into “brutal inflation” by the end of the year.
Opposition Calls For Special Session to Discuss Cost-Of-Living Crisis in Hungary

Opposition Calls For Special Session to Discuss Cost-Of-Living Crisis in Hungary

Six opposition parliamentary groups have called for a special session of parliament to be convened on Aug. 8 to discuss their proposals to mitigate “the cost-of-living crisis” they say has gripped the country.
Opposition Parties Slam New Decision On Capped Fuel Prices by Gov't in Hungary

Opposition Parties Slam New Decision On Capped Fuel Prices by Gov't in Hungary

The opposition parties said on Saturday that the government’s latest decision “to partially withdraw” capped fuel prices represented a severe hit on small businesses, an additional step that boosts inflation and a move away from green solutions.
Forint Strengthens After Rate Hike

Forint Strengthens After Rate Hike

The forint started to weaken on Thursday morning after the MNB raised its one-week deposit facility interest rate by 200 basis points, then firmed later when verbal interventions helped the Hungarian currency.
Inflation to Peak in Autumn, Says National Bank of Hungary Director

Inflation to Peak in Autumn, Says National Bank of Hungary Director

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).
Public Transport Prices in Budapest Will Not Increase, Except for Tourist Ticket Types

Public Transport Prices in Budapest Will Not Increase, Except for Tourist Ticket Types

The price of most transport tickets and season passes in Budapest will not increase, but certain transport offers such as 3-day tickets, mainly purchased by tourists, will do, Gergely Karácsony, the mayor of Budapest, said on Friday.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Opposition Parties Comment on Windfall Taxes in Hungary

Opposition Parties Comment on Windfall Taxes in Hungary

Parties of the opposition have criticised the government for its Wednesday decision to make certain large companies pay a part of their extra profits to a new public utility cut fund and a defence fund.
Voters in Hungary Support Windfall Taxes, Századvég Survey Finds

Voters in Hungary Support Windfall Taxes, Századvég Survey Finds

Fully 79% of respondents in a recent Századvég survey expressed support for the government’s decision to levy a supertax on companies making extra profits to finance the government’s public utility cuts programme, the pollster said in Thursday.