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Consumer prices were 3.1% higher on average in November 2018 than a year earlier, slowing from 3.8% year-on-year in October, according to monthly data from the Central Statistical Office (KSH).
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Utility bill collection company Díjnet offers clients not only an online platform to pay bills but also the possibility to donate to NGOs, the company announced on Sunday.
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Nordea Bank has ranked the forint as the world’s second most vulnerable currency after the Brazilian real, in its November list ranking 33 currencies.
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Hungary does not support the proposal to create a separate euro zone budget, as such a concept would be against the country’s interests, Finance Minister Mihály Varga was quoted as saying at a meeting of EU finance ministers in Brussels.
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Hungary’s tax-to-GDP ratio – the sum of taxes and net social contributions as a percentage of GDP – fell by 0.9 percentage point last year, the biggest decline in the European Union, state secretary of the finance ministry Norbert Izer told MTI, citing fresh data released by Eurostat.
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Hungary’s strong growth performance in the third quarter suggests that full-year growth will be above expectations, London-based emerging markets economists said.
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