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Monday 25 Sep 2017
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Christian Democrats Propose New Sunday Closing
Just a few months after legislation restricting retailers from opening on Sundays in Hungary was repealed, with retail sales experiencing a pickup since, junior governing partner the Christian Democratic Peopleʼs Party (KDNP) is said to be proposing to reintroduce Sunday closing two days a month, according to reports. more »
Retail Sales Growth Picks Up To 5.8% In August
Retail sales growth in Hungary picked up to an annual 5.8% in August after 2.9% in July, the Central Statistical Office (KSH) confirmed in a second reading of data. Adjusted for calendar year effects, retail sales rose by 4.3% in August, picking up from an increase of 3.9% in July. more »
Beer Sales Jump In Hungary During UEFA Championship
Hungarians drank 60,000 hectolitres more beer between April and June this year, during the UEFA Euro 2016 Championship, than in the same period last year, business daily Világgazdaság said, citing data from the Hungarian Brewers Association. more »

Hungarian Government Utility Cuts Scheme Saves Hungarians EUR 2.7bn


Hungarian Government Utility Cuts Scheme Saves Hungarians EUR 2.7bn
The government’s utility cuts programme has saved Hungarians some 821 billion forints (EUR 2.7bn) so far, state secretary for energy András Aradszki said on Saturday. more »

Retail Sales Growth Picks Up To 5.8% In August


Retail Sales Growth Picks Up To 5.8% In August
Retail sales growth in Hungary accelerated to an annual 5.8 percent in August after a temporary slowdown to 2.9 percent in July, the Central Statistical Office (KSH) said on Wednesday. Adjusted for calendar-year effects, retail sales rose by 4.3 percent in August, picking up from a 3.9 percent increase in July. Adjusted food sales rose by 2.8 percent, non-food sales climbed by 6.1 percent and fuel sales rose by 7.5 percent. more »

New Excise Tax Rules To Lift Vehicle Fuel Prices


New Excise Tax Rules To Lift Vehicle Fuel Prices
Wholesale vehicle fuel prices in Hungary will rise about 6-13 (EUR 0.02 – 0.04) forints per litre from Saturday, when new rules on excise tax take effect. The price of petrol will rise by 6.4 forints per litre, bringing the price at the pump to around 340 forints. more »



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