On Wednesday of this week, the purchase price of petrol will increase by HUF 3 gross per liter, holtankoljak.hu reported. This is expected to affect the retail price of higher octane gasoline.
Economic research institute GKI’s combined monthly gauge of business and consumer confidence reached +2.6 points in April – when general elections were held – climbing from -5.5 points in the previous month to reach a more than two-year high. The business confidence index rose to +10.5 points from +2.4.
K&H, the local unit of Belgium’s KBC, has issued a 15 billion forint green bond, the lender’s first.
Hungary’s cash flow-based budget deficit, excluding local councils, was at 2,309.4 billion forints (EUR 6.2bn) at the end of March, the finance ministry confirmed in a detailed release of data on Monday.
Hungary’s 8.6% inflation rate is in the European Union middle range, Finance Minister Mihály Varga said on Friday, citing Eurostat data. Varga said on Facebook that EU inflation averaged 7.8% in March.
Business and consumer confidence continued to decline in April as concerns over the economic impact of the war and related sanctions weighed, gauges of sentiment by economic researcher Századvég show.
The Hungarian government has turned to the European Union with a request for a higher contribution towards the costs of handling refugees from Ukraine.
Vehicle fuel sales in Hungary climbed in the double digits in the first quarter from the same period a year earlier, the Tuesday issue of business daily Világgazdaság said, citing figures of the Hungarian Petroleum Association (MÁSZ).
Hungarian Foreign Minister Péter Szijjártó and Turkish Trade Minister Mehmet Muş signed the founding statement of a new Hungarian-Turkish economic and trade committee in Ankara on Tuesday.
A third of young jobholders plan to find work abroad according to a survey prepared by K&H. The representative survey prepared in the first quarter of this year showed that 34% of young workers plan to find a job abroad, at least for a certain period of time.
