Hungarian annual inflation was 7.4% in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle fuel prices continued to be the main drivers, though food and consumer durables prices rose above headline inflation. Spirits and tobacco prices increased by 8.9%, including a 12.7% rise in the price of tobacco products. Prices […]
Output of Hungary’s construction sector rose by an annual 12.3% in November, the Central Statistical Office (KSH) said on Friday.
The united opposition plans to spend an extra 1,200 billion forints (EUR 3.4bn) in four years on Hungarian health care, its prime ministerial candidate told a forum.
Hungarian oil and gas company MOL on Wednesday said it signed agreements with PKN Orlen and Grupa Lotos on the acquisition of 417 petrol stations in Poland for 610 million US dollars.
Hungary’s economy is forecast to grow by 5% this year, according to the World Bank, which raised its June projection of 4.7%. Hungary’s finance ministry expects growth of 5.9% this year.
Hungary’s government has decided to impose price curbs on six food products effective February 1, Prime Minister Viktor Orbán announced on Facebook.
Hungary’s cash flow-based budget deficit, excluding local councils, reached 5,101.5 billion forints (EUR 14.2bn) at the end of December, the finance ministry said in a preliminary reading of data released on Tuesday.
The European Bank for Reconstruction and Development (EBRD) on Monday announced a 28 million dollar loan for the construction of a plant by South Korea’s Solus Advanced Materials that will make copper foil for electric vehicle batteries.
Hungary’s government will this year again spend 930 million forints (EUR 2.6m) on promoting Hungaricums, products unique to Hungary, the agriculture minister said on Tuesday.
Retail sales in Hungary rose by an annual 3.8% in November, the Central Statistical Office (KSH) said on Friday. The increase slowed from 5.7% in the previous month. Adjusted for calendar year effects, retail sales also rose by 3.8%.