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inflation

Inflation Expected to Drop to Single Digits by End of the Year

According to the National Bank’s forecast, slow disinflation is expected in March, followed by a strong disinflationary trend, with a good chance of reaching single-digit inflation by the end of the year….

Financial Flows, Supply Chain Politics, and Europe’s Stagflation

There is a slowdown in global growth. The economies of a once highly globalized world are drifting apart. The EMU economy is being hit particularly hard. The recession is coming and, according to projections, the EMU will soon enter stagflation,…

Inflation Has Reached Young Adults in a Relatively Good Financial Position, But Most Are Saving

In a recent survey by the Youth Research Institute, more than half (52 per cent) of young Hungarian adults polled said that despite the current inflationary environment, they are able to live well on their income, with a further three…

Viktor Orbán: ‘The Leaders of the Western World Are In the War Spirit’

In his regular Friday morning interview on public radio, the Prime Minister said that he believes this is the closest the world has ever been ‘to a localised war turning into a world war’….

Orbán Outlines Key Policies and Vision on the Economy at Hungarian Chamber of Commerce Event

‘Hungary must be a country that can have Hungarians do all the work that needs to be done in this country. If it’s uncomfortable or difficult, we need to pay more for it. If we have exhausted all of these…

National Bank Governor Matolcsy: ‘It is the MNB’s Obligation to Fight Inflation’

National Bank Governor Matolcsy reminded that during the coronavirus pandemic, the crisis was successfully managed thanks to the joint effort of the government, the central bank, the banking system, the business sector, and families, and the crisis was solved within…

Orbán’s State of the Nation Speech: ‘Europe is Drifting into the War Like a Sleepwalker’

The Hungarian Prime Minister delivered his state of the nation speech on Saturday. His topics included the war, the future of the country, domestic and geopolitics and his commitment to developing the countryside….

Orbán: Hungary Must Stay Out of the War

Prime Minister Viktor Orbán spoke about the war, the effect of sanctions and the intelligence report on the funding of the leftist parties during an interview on Friday….

Hungary’s Public Financing Stable, Government Aims to Curb Inflation in 2023

The goal is to curb inflation and avoid recession, Viktor Orbán stressed last year. On Tuesday, 3 January, Finance Minister Varga announced that Hungarian public debt has decreased more significantly than expected, dropping to 73.5 per cent of GDP in…

Government Introduces Measures Against Inflation

According to Gergely Gulyás, head of the Hungarian Prime Minister’s Office, the Hungarian government would continue its policy of price limits as sanctions-induced inflation hits the European region….

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