The consumer price index (CPI) increased 25.4 percent year-on-year in February after a 25.7 percent rise in January, driven mostly by household energy and food prices, the Central Statistical Office (KSH) said on Wednesday. Month on month, prices edged up by 0.8%. Fot. Csaba Nagy/Pixabay
Some 62% of companies surveyed by recruiting site Profession.hu plan pay rises of 6-10% this year. Photo by Csaba Nagy / Pixabay (JAP)
In the third episode of The Bold Truth About Hungary's second season, State Secretary Zoltán Kovács discussed the main elements of Hungary's "unorthodox" economic policy, widely known as the "Hungarian model," with Finance Minister Mihály Varga. Source: YouTube Cover photo by OLIVIER HOSLET/PAP/EPA
Hungary’s jobless rate was 3.9% in January, up from 3.8% in the previous month, the Central Statistical Office (KSH) said on Friday. Photo by Gerd Altmann z
Hungary's state debt relative to GDP fell to 72.9% at the end of last year from 76.8%, Finance Minister Mihály Varga said in a post on Facebook on Monday. Mihály Varga (L) in Brussels. Photo by OLIVIER HOSLET/ PAP/EPA
Foreign companies, with the support of the Polish Investment and Trade Agency, invested over EUR 3.7 billion in Poland in 2022, i.e. EUR 200 million more than a year ago
Global ratings agency Fitch has confirmed Poland's long-term rating at the 'A-' level with stable outlook. "Poland had a diversified economy, a fairly sound macroeconomic framework and slightly lower public debt levels compared to its peers" - Fitch said in a statement late on Friday.
- We are very dependent on foreign countries for energy, this dependence must be relaxed - said Hungarian Energy Minister Csaba Lantos. Photo by Steven z Pixabay (JAP)
Magyar Posta is lifting the closure of 45 post offices in 32 municipalities after agreements have been reached with the local authorities on operational costs, the company said on Monday. The company is now running 2,233 post offices nationwide. Photo by MTI/ Imre Faludi (JAP)
The investment record in Hungary has been broken again this year, with investments reaching €6.4 billion, surpassing previous records in 2019 and 2021. Péter Szijjártó (left) and Park Jin in Seoul. Photo by YONHAP / YNA / PAP/EPA (JAP)
The leaders of Azerbaijan, Georgia, Hungary, and Romania signed an agreement in Bucharest on Saturday to build an underwater electric cable under the Black Sea. Viktor Orbán, Ilham Aliyev, Nicolae Ciuca and Irakli Garibasvili during the agreement signing ceremony. Photo by MTI/Biuro Prasowe Premiera/Zoltán Fischer
Hungary’s government has decided to extend the price caps on basic food until April 30 - the agriculture ministry said in a statement on Tuesday.