The Government is Extending the Ban on Raising Fuel Prices By Three Months
The ban on raising fuel prices will be extended by another three months, Prime Minister Viktor Orbán announced in his speech at the annual assessment speech on Saturday.
Adam
Economy
A 2-Kilometer-Long Road Leading to the BMW Plant in Debrecen Will Cost Approximately USD 58 Million
With a net bid of HuF 17 billion 487 million (about EUR 49 million), Strabag Építő Zrt. won the right to converse the 2209-meter road leading to the BMW plant in Debrecen into a four-lane road, daily.hu noted in the EU public procurement bulletin.
Budget Posts HuF 151.3 BN Surplus in January
Hungary’s cash-flow budget, excluding local councils, posted a surplus of 151.3 billion forints (EUR 427.3m) at the end of January, the Finance Ministry said on Tuesday, citing preliminary data.
Guest Nights Jump 630% in December From Low Pandemic Base
Guest nights at commercial accommodations in Hungary rose by an annual 630% to 1,164,000 in December from a low base due to travel restrictions during the third wave of the coronavirus pandemic, the Central Statistical Office (KSH) said on Monday.
Catering Industry Turnover Climbs 26% in 2021
Turnover of catering businesses in Hungary rose by 26% to 1,031 billion forints last year, the Hungarian Tourism Agency said, citing tax office data collected directly from tills.
Finance Minister Puts 2021 GDP Growth at 6.8-6.9%
Finance Minister Mihály Varga estimated Hungary’s economic growth in 2021 at 6.8-6.9%.
Industrial Output Up 5.8% in December, 9.6% in FY 2021
Industrial output in Hungary grew by an annual 5.8% in December, based on adjusted data, and by 9.6% in the full year of 2021, the Central Statistical Office (KSH) said in its first estimate on Friday.
Online Shopping Among Hungarians on Par With EU Average
Fully 74% Hungarians made purchases online in the twelve months prior to a survey conducted in 2021, level with the EU average, Eurostat data show.
Most Hungarians Buy Produce at Supermarket
Fully 73% of Hungarians buy their fruit and vegetables at supermarket chains rather than at greengrocers or markets, a representative survey by regional growers’ cooperative DelKerTESZ shows.
Tesco Management, Unions Agree on 10% Pay Rise
The management of the local unit of UK supermarket chain Tesco has agreed with unions on an average 10% rise in base pay, Tesco-Global Áruházak and unions KASZ and Egyenlo.hu said.