Construction Sector Output Edges Up 1.6% in September
Output of Hungary’s construction sector rose by an annual 1.6% in September, after edging down 0.4% in the previous month, the Central Statistical Office (KSH) said on Monday.
Adam
Economy
Hungary Gas Consumption Declines in September
Gas consumption in Hungary reached 4.4 TWh in September, falling by 9% from the same period a year earlier, a monthly report by the Hungarian Energy and Public Utilities Regulatory Office (MEKH) said on Monday.
Government to Set Up Independent Energy Ministry
The government is setting up an independent energy ministry, and Prime Minister Viktor Orbán has tapped economist Csaba Lantos as minister, the prime minister’s chief of staff told a press conference on Monday.
Nearly 8 million Santa Claus chocolates are sold in Hungary every year
The popularity of the hollow chocolate Santa figure associated with the Advent period is unbroken among customers year after year, and nearly 8 million pieces of this product are sold annually on the Hungarian market – the National Chamber of Agrarian Economy (NAK) wrote in a statement sent to MTI on Monday.
Hungary October Inflation 21.1%
Hungary’s consumer price index in October was up an annual 21.1% and 2% higher month on month, the Central Statistical Office (KSH) said on Wednesday.
Price Cap Introduced for Eggs and Potatoes is Valid From Thursday
The price caps for eggs and potatoes will come into effect from Thursday (10th November), the government decree on this will soon be published in the Magyar Közlöny, the Government Information Center announced on Wednesday evening.
Hungary Industry Output Up 11.3% YR/YR in September
Hungarian industrial output grew by an annual 11.3% in September, the Central Statistical Office (KSH) said on Tuesday.
Hungary Retail Sales Grow 3% YR/YR in September
Retail sales in Hungary grew by an annual 3% in September, down from 3.3% in the previous month, the Central Statistical Office (KSH) said on Tuesday.
HUF 1,200 BN Spent on Teachers’ Wage Hikes By 2025
The government aims to spend a total of 1,200 billion forints (EUR 3bn) on raising teachers’ wages between now and 2025, covering half of the amount from domestic resources and the other half from EU funds, the state secretary in charge of public education said in Eger, in northern Hungary, on Tuesday.
Second Framework Deal of Swiss-Hungarian Cooperation Programme Signed
The framework agreement for the second phase of the Swiss-Hungarian cooperation programme on close to 40 billion forints (EUR 100.0m) of support was signed in Budapest on Tuesday.