Matolcsy calls for budget to be brought back to balanced path

To curb inflation, the central budget should once again be put on a balanced course and the government must double down on enhancing the country's competitiveness, Gyorgy Matolcsy, Hungary's central bank (NBH) governor, wrote in an article published by magyarnemzet.hu on Monday.

Fidesz blasts opposition 'attacks' on government's anti-inflation measures

Matolcsy: Tackling inflation ‘top priority’

Inflation is central banks' greatest foe, and tackling it is a vital step towards creating monetary sustainability, Gyorgy Matolcsy, the governor of Hungary's central bank (NBH) wrote in an article published by magyarnemzet.hu on Monday.

Hungary inflation 7.4 percent in December

Hungarian annual inflation was 7.4 percent in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle fuel prices continued to be the main drivers, though food and consumer durables prices rose above headline inflation.

Guest nights jump 292.1 percent in November

Guest nights at commercial accommodations in Hungary rose by an annual 292.1 percent to 1,266,000 in November from a low base impacted by travel restrictions during the third wave of the coronavirus pandemic, the Central Statistical Office (KSH) said on Tuesday.

Finance Minister: Government running disciplined budget

Hungary's government is running a disciplined, tight budget, Mihaly Varga, the finance minister, said in an interview to public radio on Sunday, noting that it boosted reserves at the end of last year and rescheduled investments this year.