Hungary

EU Bread Prices Rise Sharply In August: Eurostat

The price of bread in the EU has increased sharply, making the staple food more expensive than ever, according to the European Union statistics office Euro...

Hungarian Retail Sales Growth Slows As Inflation Bites, Czech Real Wages Decline

Hungarian retail sales growth eased in July, data showed, while Czech real wages declined at the sharpest pace in decades in the second quar...

Lidl Named Top Retailer In Hungary For Second Year Running

Lidl has been named the top retailer in Hungary for the second year in a row, according to the 2021 Retailer Ranking by local portal Trademagazin.

MOL Group Sees Profit Impact From Price Cap Legislation

Fuel and forecourt operator MOL Group has reported a 72% decline EBITDA at its Consumer Services division in its second quarter, due to the introduction of...

Hungary Offers Possible Route For Ukraine Grain Exports, Minister Says

Hungary has offered its territory as a possible route for Ukrainian grain exports due to the disruption of usual routes via the Black Sea caused by Russia'...

Hungary Extends Food And Fuel Price Caps Until October

Hungary's government has extended a cap on some basic food and fuel prices until 1 October, while a cap on retail mortgage interest rates will remain in pl...

Hungary Price Caps Could Stay In Place If War Is Entrenched: Orban

Hungary's price caps on fuel, some basic foods and energy could stay in place for a longer period if the war in Ukraine is entrenched, sustaining high...

Consumer Boom, Strong Demand Fuel Czech, Polish Q1 Growth

The Czech economy expanded faster than expected in the first quarter, while Polish growth was confirmed at 8.5% year-on-year, with strong household consump...