Latest data by the Hungarian Central Statistical Office shows that the price margin caps on groceries introduced in the middle of March were able to slow down inflation, if only…
Tag: Inflation
Price margin cap extended to household products
After the March introduction of a 10% price margin cap on various basic groceries, now a 15% price margin cap has been introduced for various household products. The new rule…
Another wave of USD devaluation on the horizon
USD is historically considered one of the most stable currencies. Investors turn to it both in good times and bad, driving up its value in both instances. This is sometimes…
HUF exchange rates in Q1 2025
The HUF/EUR exchange rate has been through a ride over 2024, but since January, EUR is back under HUF 400. USD is also back under HUF 370 since early March.…
Price margin cap to combat inflation in Hungary in 2025
The Hungarian government decided to combat inflation by introducing a price margin cap on basic groceries. They have issued a list, and retailers selling items in these categories cannot increase…
Hungarian GDP starts growing again in Q4 2024
After difficulties in 2023 and 2024, Hungarian GDP is again on the rise. The volume of gross domestic product was 0.5% higher in Q4 2024 than in Q3 2024, and…