• Some Prices In Hungary ‘Lower Than 14 Years Ago’

    Some Prices In Hungary ‘Lower Than 14 Years Ago’

    • 27 Aug 2018 10:58 AM

    Last year price levels in Hungary were about 42% below the EU average, and lower than 14 years ago. However, there are significant variations in price levels between different groups of products and services, as shown in a survey by Eurostat, the EUʼs statistical office.

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  • Digital Payments Growing Fast In Hungary

    Digital Payments Growing Fast In Hungary

    • 27 Aug 2018 10:02 AM

    Electronic payments have grown dynamically in Hungary over the last two years as the number of shops accepting bank cards or mobile phones has grown from 85,000 at the end of 2016 to 110,000, Finance Minister Mihály Varga said.

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  • Retail Sales Growth Decelerates To 6.8% In June

    Retail Sales Growth Decelerates To 6.8% In June

    • 24 Aug 2018 8:27 AM

    Retail sales in Hungary climbed 6.8% in June from the same month a year earlier, decelerating from a 7.1% growth in May, a second reading of data released by the Central Statistical Office (KSH) shows.

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  • Second-Hand Market Protects Environment, Says Report

    Second-Hand Market Protects Environment, Says Report

    • 23 Aug 2018 8:38 AM

    Private ads portal jofogas.hu has released its sustainability report, which shows that even a small second-hand products market such as Hungaryʼs is able to significantly reduce the countryʼs carbon emission footprint. Users of jofogas.hu reduced CO2 emissions equivalent to vehicle traffic in Budapest for 45 days.

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  • Arnie Denied Entry To Gucci Shop In Budapest

    Arnie Denied Entry To Gucci Shop In Budapest

    • 17 Aug 2018 9:44 AM

    Actor and ex-Governor of California Arnold Schwarzenegger, who is filming the sixth instalment of the Terminator movie series in Hungary, was reportedly refused entry to do some shopping at a luxury boutique on Andrássy útin Budapest.

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