Output of Hungary’s construction sector rose by an annual 5.0% in November, rising for the first month since the start of the coronavirus crisis, the Central Statistical Office (KSH) said.
Hungary’s inflation rate was 2.7% in December, level with the rate a month earlier, the Central Statistical Office (KSH) said.
GE will invest 3.3 billion forints (EUR 9.2m) to expand its digital development centres in Budapest and in Szeged, in southern Hungary, the minister of foreign affairs and trade said.
The coordination council of employers, employees and municipal representatives (Főét) has suggested that Budapest should be compensated from central coffers for lost business tax revenues so that “it can perform its public tasks at a high level”, Mayor Gergely Karácsony said on Facebook.
Hungary’s exports to Uzbekistan rose by 36% in 2020, well exceeding 100 million dollars, Foreign Minister Péter Szijjártó said on Facebook after phone talks with Sardor Umurzakov, the Uzbek minister of investment and foreign trade.
Petrol prices are expected to go up on Friday (15th January).
Opposition Jobbik’s deputy leader called on the government to help “several hundreds of thousands of victims of forced debt collection”.
The forum of employers, unions and the government (VKF) failed to move any closer to an agreement on this year’s minimum wage rise at a meeting on Wednesday and will continue talks in the coming week.
Hungarian industrial output was up an annual 3.5% in November, up from 0.6% in October, the Central Statistical Office (KSH) said.
The European Investment Bank (EIB) said it will lend 200 million euros to Magyar Eximbank, creating a new credit line to support the faster recovery of Hungarian companies from the impact of the coronavirus crisis.