• 12 Aug 2026

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225 result(s) for wage growth

Central Bank Hikes Base Rate by 50 Bps to 2.9%

Central Bank Hikes Base Rate by 50 Bps to 2.9%

Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points to 2.9%.
PM Orbán: 'Hungary Cannot Turn Back'

PM Orbán: 'Hungary Cannot Turn Back'

Referring to the election campaign, Prime Minister Viktor Orbán said in an interview with public broadcaster Kossuth Radio on Friday that “Hungary is going forward, not backwards”. “In 2010, Hungary was bankrupt; it had been ruined and bled dry,” he said.
Hungary Jobless Rate 3.7% in November

Hungary Jobless Rate 3.7% in November

Hungary’s jobless rate was 3.7% in November, down from 3.9% in October, the Central Statistical Office (KSH) said.
Public Debt Set to Decline, Says Hungarian Finance Minister

Public Debt Set to Decline, Says Hungarian Finance Minister

Finance Minister Mihály Varga, said there is a high chance that Hungary’s public debt may be put back on a declining path.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10% while also raising both sides of the interest rate corridor by 30 basis points.
'Next Year's Parliamentary Election Crucial' in Hungary, Says Gulyás

'Next Year's Parliamentary Election Crucial' in Hungary, Says Gulyás

Next year’s general election will be crucial, Gergely Gulyás, the Prime Minister’s chief of staff, said at the 29th congress of ruling Fidesz in Budapest on Sunday. Next spring, “we will be choosing a future, we can decide between present and past”, Gulyás said.
Minimum Wage Agreement Reached in Hungary

Minimum Wage Agreement Reached in Hungary

Employer organisations, unions and the government have reached an agreement on raising the monthly minimum wage to Ft 200,000 per month from Ft 167,400 and the minimum for skilled labour to Ft 260,000 from Ft 219,000 next year, the Innovation and Technology Ministry announced on Wednesday.
EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary’s GDP growth this year to 7.7% in a biannual report published on Thursday.
Central Bank Hikes Base Rate by 50 Bps to 2.9%

Central Bank Hikes Base Rate by 50 Bps to 2.9%

Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points to 2.9%.
PM Orbán: 'Hungary Cannot Turn Back'

PM Orbán: 'Hungary Cannot Turn Back'

Referring to the election campaign, Prime Minister Viktor Orbán said in an interview with public broadcaster Kossuth Radio on Friday that “Hungary is going forward, not backwards”. “In 2010, Hungary was bankrupt; it had been ruined and bled dry,” he said.
Hungary Jobless Rate 3.7% in November

Hungary Jobless Rate 3.7% in November

Hungary’s jobless rate was 3.7% in November, down from 3.9% in October, the Central Statistical Office (KSH) said.
Public Debt Set to Decline, Says Hungarian Finance Minister

Public Debt Set to Decline, Says Hungarian Finance Minister

Finance Minister Mihály Varga, said there is a high chance that Hungary’s public debt may be put back on a declining path.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10% while also raising both sides of the interest rate corridor by 30 basis points.
'Next Year's Parliamentary Election Crucial' in Hungary, Says Gulyás

'Next Year's Parliamentary Election Crucial' in Hungary, Says Gulyás

Next year’s general election will be crucial, Gergely Gulyás, the Prime Minister’s chief of staff, said at the 29th congress of ruling Fidesz in Budapest on Sunday. Next spring, “we will be choosing a future, we can decide between present and past”, Gulyás said.
Minimum Wage Agreement Reached in Hungary

Minimum Wage Agreement Reached in Hungary

Employer organisations, unions and the government have reached an agreement on raising the monthly minimum wage to Ft 200,000 per month from Ft 167,400 and the minimum for skilled labour to Ft 260,000 from Ft 219,000 next year, the Innovation and Technology Ministry announced on Wednesday.
EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

EBRD Raises Hungary 2021 GDP Growth Forecast to 7.7%

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Hungary’s GDP growth this year to 7.7% in a biannual report published on Thursday.