Industrial PPI Rises By 37.9% IN July
Factory gate prices in Hungary rose by an annual 37.9% in July, picking up from 35.0% in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Adam
Economy
DK Urges Government Help to Ailing Farmers
The opposition Democratic Coalition (DK) has called on the government to provide assistance to agricultural producers affected by the unprecedented droughts hitting the country.
Gazprom to Deliver More Gas to Hungary
Russia’s Gazprom will deliver up to a daily 5.8 million cubic metres of natural gas on top of the volumes outlined in a long-term agreement between Hungary and Russia via Serbia in September and October, the foreign minister has said.
Hungary Trade in Services Surplus Reaches EUR 2.116 BN in Q2
Hungary had a 2.116 billion euro surplus in trade of services in the second quarter, widening from 1.578 billion euros in the same period a year earlier, data released by the Central Statistical Office (KSH) on Tuesday show.
“Preferential Home Construction VAT Rate Set to Be Applicable Till End-2028”
A 5% preferential VAT rate for home construction which has been extended until the end of 2024 could be applicable up until December 31, 2028 provided that construction begins by 2024, Finance Minister Mihály Varga said on Tuesday.
Ujhelyi Accuses Government of Lying About EU Resources
Socialist Party MEP István Ujhelyi on Tuesday accused the government of lying in connection with European Union resources.
Hungarian Government Launches Business Development Scheme in Bosnia-Herzegovina
Applications for the Hungarian government’s business development scheme in Bosnia and Herzegovina can be submitted from Wednesday on, Levente Magyar, deputy minister of foreign affairs and trade, said in Gradiška, in northern Bosnia, on Tuesday.
Hungary Central Bank Raises Base Rate By 100 BP
Hungarian rate-setters raised the central bank’s base rate by 100 basis points, to 11.75%, at a regular policy meeting on Tuesday.
Half of Hungarian Spas May Close Due to Energy Prices
The spas of Debrecen, Hajdúszoboszló and Nyíregyháza are also in danger.
Home Rental Rates in Hungary Rise 23% in July
Home rental rates in Hungary rose by an annual 23% in July, data compiled by the Central Statistical Office (KSH) from listings site Ingatlan.com show.