• 22 Nov 2024

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135 result(s) for rising inflation

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

British-owned retailer Tesco realised Ft 723.3 billion in revenue last year, up 15.8%, as post-tax profit grew from Ft 12.9 billion to Ft 19.6 billion, lifted by the sale of assets, Portfolio writes.
77 Million Euro Scheme To Support Agro, Fishing, Food Companies in Hungary Approved by EU

77 Million Euro Scheme To Support Agro, Fishing, Food Companies in Hungary Approved by EU

The European Commission has approved a 77.1 million euro Hungarian scheme to support companies active in the agriculture, fishing and food industry in the context of Russia’s war against Ukraine, the Commission said.
Compulsory Discounts Start at Big Supermarkets in Hungary

Compulsory Discounts Start at Big Supermarkets in Hungary

Retail stores will sell certain products at reduced prices from June 1, following a government decree aimed to break down rising food prices, the economic development minister said.
EU Withholding Funds To Hungary 'For Political Reasons', its Unfair & Illegal Says FM

EU Withholding Funds To Hungary 'For Political Reasons', its Unfair & Illegal Says FM

The European Union “is withholding Hungary’s funds owing to political reasons, unfairly, and without any legal basis,” Foreign Minister Péter Szijjártó said in Brussels on Thursday, adding that the European Commission’s conditions were piling up and were “becoming unfair”.
Auto Fuel Sales Plunge on Phase-Out of Fuel Price in Hungary

Auto Fuel Sales Plunge on Phase-Out of Fuel Price in Hungary

Auto fuel sales in Hungary slumped by 18.2% year-on-year to 896 million litres in the first quarter as motorists cut back on fuel purchases after the government phased-out price caps in December, the Hungarian Mineral Oil Association (MÁSZ) announced.
Demand Surges for Alternative Tobacco Products in Hungary

Demand Surges for Alternative Tobacco Products in Hungary

Tobacco sales reached Ft 285 billion in the fourth quarter and exceeded Ft 1.1 trillion for the year according to data from the Central Statistics Office.
Rising GDP in Hungary Now at 77% of EU Average

Rising GDP in Hungary Now at 77% of EU Average

Hungarian GDP is 77% of the European Union average, up from 75% in 2022, the head of the prime minister’s office said on Friday, adding that its performance belied the “crowing of leftist experts and the opinions of the central bank”.
13% Base Rate Kept on Hold in Hungary

13% Base Rate Kept on Hold in Hungary

Hungarian rate-setters decided to keep the base rate on hold at 13% at a regular policy meeting on Tuesday, the first such meeting this year.
Hungarian Opinion: Inflation Hits 24.5 Percent in December

Hungarian Opinion: Inflation Hits 24.5 Percent in December

As year-on-year inflation breaks another record, economists wonder if rapidly rising prices have any potential benefit.
Asset Sale Helps Tesco Avoid Serious Loss in Hungary

Asset Sale Helps Tesco Avoid Serious Loss in Hungary

British-owned retailer Tesco realised Ft 723.3 billion in revenue last year, up 15.8%, as post-tax profit grew from Ft 12.9 billion to Ft 19.6 billion, lifted by the sale of assets, Portfolio writes.
77 Million Euro Scheme To Support Agro, Fishing, Food Companies in Hungary Approved by EU

77 Million Euro Scheme To Support Agro, Fishing, Food Companies in Hungary Approved by EU

The European Commission has approved a 77.1 million euro Hungarian scheme to support companies active in the agriculture, fishing and food industry in the context of Russia’s war against Ukraine, the Commission said.
Compulsory Discounts Start at Big Supermarkets in Hungary

Compulsory Discounts Start at Big Supermarkets in Hungary

Retail stores will sell certain products at reduced prices from June 1, following a government decree aimed to break down rising food prices, the economic development minister said.
EU Withholding Funds To Hungary 'For Political Reasons', its Unfair & Illegal Says FM

EU Withholding Funds To Hungary 'For Political Reasons', its Unfair & Illegal Says FM

The European Union “is withholding Hungary’s funds owing to political reasons, unfairly, and without any legal basis,” Foreign Minister Péter Szijjártó said in Brussels on Thursday, adding that the European Commission’s conditions were piling up and were “becoming unfair”.
Auto Fuel Sales Plunge on Phase-Out of Fuel Price in Hungary

Auto Fuel Sales Plunge on Phase-Out of Fuel Price in Hungary

Auto fuel sales in Hungary slumped by 18.2% year-on-year to 896 million litres in the first quarter as motorists cut back on fuel purchases after the government phased-out price caps in December, the Hungarian Mineral Oil Association (MÁSZ) announced.
Demand Surges for Alternative Tobacco Products in Hungary

Demand Surges for Alternative Tobacco Products in Hungary

Tobacco sales reached Ft 285 billion in the fourth quarter and exceeded Ft 1.1 trillion for the year according to data from the Central Statistics Office.
Rising GDP in Hungary Now at 77% of EU Average

Rising GDP in Hungary Now at 77% of EU Average

Hungarian GDP is 77% of the European Union average, up from 75% in 2022, the head of the prime minister’s office said on Friday, adding that its performance belied the “crowing of leftist experts and the opinions of the central bank”.
13% Base Rate Kept on Hold in Hungary

13% Base Rate Kept on Hold in Hungary

Hungarian rate-setters decided to keep the base rate on hold at 13% at a regular policy meeting on Tuesday, the first such meeting this year.
Hungarian Opinion: Inflation Hits 24.5 Percent in December

Hungarian Opinion: Inflation Hits 24.5 Percent in December

As year-on-year inflation breaks another record, economists wonder if rapidly rising prices have any potential benefit.