Last October, the average gross earnings were HUF 397,400, just as in September it was 8.8 percent higher than a year earlier. The average gross earnings for the first ten months reached HUF 395,300 and the net average earnings excluding discounts amounted to HUF 262,900, both of which increased by 9.7 percent compared to the […]

Since November, the price of 95 petrol has risen by 22 forints and the price of diesel by 30 forints, and this trend continues.

The government’s Modern Cities programme, aimed at financing development projects in Hungary’s large cities outside Budapest, had used a total 2,000 billion forints (EUR 5.6bn) by the end of last year, the government commissioner in charge of the programme told MTI on Tuesday.

Hungary’s three-month rolling average jobless rate was 4.4% in Sept-Nov, rising 0.9 of a percentage point from twelve months earlier, the Central Statistical Office (KSH) said.

The government is “cruelly letting old people down” by keeping the minimum pension low and indexing pensions below inflation, Erzsébet Schmuck, co-leader of the opposition LMP party, said, and called on the government to raise pensions by 4% in January, as well as increase the minimum pension “two-and-a-half-fold to above a monthly 71,000 forints (EUR […]

Socialist MP Sándor Szabó has demanded that the central government ensure secure financing for municipalities, which “had a black year in 2020 and cannot expect much good this year, either”.