In January 2025, the gross average earnings of full-time employees amounted to 668,100 HUF, while the net average earnings, taking into account tax benefits, reached 459,000 HUF. Gross average earnings increased by 10.4%, net average earnings by 10.2%, and real earnings by 4.6% compared to the same period of the previous year, the Central Statistical […]
Data from the first week of the price margin cap clearly show a shift in the food market: while price-controlled products have become significantly cheaper, the prices of other food items have started to rise. According to a survey by portfolio.hu, out of 2,547 examined products, prices decreased for 1,044 items.
In its Tuesday summary, the real estate listing portal reported that, according to official records, Budapest’s population grew by a few thousand in 2023, despite a stagnant housing market. However, last year, the housing market started to recover, and the capital’s population began to decline again.
The number of rental apartments available across Hungary has increased, leading to stagnant prices—except in Debrecen, where rental costs have continued to rise.
According to the KSH-ingatlan.com rent index, rental prices remained unchanged in February, while Budapest even experienced a slight decline. Meanwhile, the national rental supply expanded by over 26%, ingatlan.com reported to MTI on Wednesday.
In February 2025, consumer prices were on average 5.6% higher than a year earlier. Over the course of a month, consumer prices rose by an average of 0.8%, with food prices increasing by 1.2%, according to a report published on Tuesday by the Hungarian Central Statistical Office (KSH).
Prince Frederik of Luxembourg has passed away at the age of 22 due to a rare disease, as confirmed by the family, with the announcement being reported by the Luxembourg Times, an English-language news portal from Luxembourg.
A revolutionary breakthrough has been made in the field of modern medical imaging with the introduction of a new CT technology, significantly improving patient care and diagnostic efficiency.
Japanese food industry giant Nissin Foods, a leader in instant meal production, is establishing its second European manufacturing plant in Kecskemét. The 40 billion HUF investment will double the company’s local production capacity, Foreign Minister Péter Szijjártó announced in Budapest on Friday.
The price per square meter of renovated panel apartments has already reached 1 million HUF, while the average price is soaring at 750,000 HUF.
