Domestic fuel prices are starting to decrease
Domestic fuel prices are starting to fall, holtankoljak.hu learned.
Economy
The Hungarian Competition Authority launched an investigation into the ticket sales practices of Wizz Air
The Economic Competition Authority (GVH) has launched an investigation against the airline Wizz Air, as it is believed to be misleading consumers about its premium services during online ticket purchases.
E.ON Hungária Launches HUF 74BN of Network Investments
Electricity distributor E.ON Hungária has announced the launch of 74 billion forints-worth of network investments in the period until 2026.
The wholesale price of fuel is rising again
The wholesale price of gasoline and diesel will continue to rise from Friday – holtankoljak.hu learned.
Wizz Air expects a record number of passengers this year
Based on the booking date, Wizz Air expects a record number of passengers again this year, the airline told MTI.
Hungary Central Bank Keeps Base Rate on Hold
Hungarian rate-setters decided to keep the base rate on hold at 13% at a regular policy meeting on Tuesday, the first such meeting this year. The Monetary Council also decided at its policy meeting to keep the central bank’s interest rate corridor unchanged. The decision was in line with expectations.
Opposition Propose Reducing VAT on Basic Foodstuffs
A gap of more than 10% exists between the pension increase and inflation, and VAT on basic foodstuffs should be reduced to zero, a Socialist politician said on Friday.
Inflation in Hungary was 24.5 percent in December
In December 2022, consumer prices were on average 24.5 percent higher than a year earlier. In the past year, household energy and food prices have risen the most – the Central Statistics Office (KSH) reported on Friday.
Survey: IT is still the most sought-after profession on the labor market
IT is one of the most sought-after professions in Hungary; tens of thousands of IT professionals are still missing from the domestic market, after the spread of remote work, more and more people are employed by foreign companies – wrote the Stylers information technology company group in its statement announcing the 2022 survey of the […]
The GVH imposed a maximum fine on the Elf Bar online store advertising electronic cigarettes
The Economic Competition Authority (GVH) imposed the highest possible fine of almost HUF 70 million on the Slovakian online store selling the Elf Bar product for illegally advertising electronic cigarettes to Hungarian consumers – the authority told MTI.