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Increased Mandatory Food Price Reductions Come into Effect Today

To further intensify price competition, the government decided to raise the level of mandatory discounts from ten per cent to at least 15 per cent starting today….

Hungarians Still Keen on Travelling Domestically, Lake Balaton Remains Popular

According to the latest data from an online accommodation platform, the current volume of summer bookings in Hungary is still 19 per cent below last year’s record summer, and it falls just below the pre-pandemic level of 2019….
The crowd on Day 1 of the 2022 Sziget Festival.

Sziget 2023: Massive Innovations and Massive Headliners

‘There are few Hungarian brands in the entertainment industry like the Sziget Festival, and we will forever be grateful to its founders for creating it. We are planning a grand celebration this year, which also signifies the beginning of a…

Viktor Orbán: Multinational Retail Chains Behave Like Speculators

The prime minister stressed that the Hungarian government needs to be sharp because multinational companies behave like speculators. Food retail chains raise prices even when there is no reason for it, using high energy costs as a pretext. At the…

Mandatory Discount Programme in Grocery Stores in Effect Starting Today

Starting from today, the mandatory discount programme has been launched in grocery stores all over the country to make sure Hungarian families have access to basic foodstuffs at affordable prices….

Consumer Protection: Over a Billion Forints in Fines Imposed

The Hungarian government has implemented measures to protect Hungarian families and businesses against high inflation. As a result, the inflation data in recent months indicate a systematic, continuous, and visible decrease in inflation….

Taking the Fight to Inflation: Online Price Monitoring System Comes Into Effect Soon

The price monitoring system will come into effect on 1 July, and is expected to contribute to pushing inflation back to single digits….

Carsharing: the Future of Transportation?

Carsharing is a simple, user-friendly and cost-effective alternative to owning a personal vehicle. All it requires is a smartphone and a credit or debit card….

New Consumer Protection Measures Introduced to Fight Inflation

To make the process of reducing inflation as strong and significant as possible, all possible tools must be used, they added. For this reason, in collaboration with the government, the Hungarian Competition Authority is establishing an online price monitoring system…

Time for Moderate Optimism – First Ship Full of Corn Leaves Ukraine

On Monday morning the first ship carrying 26,000 tonnes of corn left the South Ukrainian port of Odesa. The departure of the ship offers a ray of hope that the food crisis may be addressed soon under the new deal…

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