Withdrawal of agricultural payments: Péter Magyar supports Brussels’ plans, Hungarian farmers oppose them
Brussels would take current payments away from farmers Ursula von der Leyen initiated a report entitled “A Strategic Dialogue on the Future of EU Agriculture”, which would break with the agricultural area payment scheme and link payments to environmental objectives, among other things. Interestingly, Péter Magyar took a stand against EU support for cereal production, […]
Growth in domestic demand can support economic expansion
Inflation is expected to be 3.7% this year, 3.6% next year and 2.9% in 2026. International disinflationary trends are likely to continue in the next two years, which could have a positive impact on the development of prices in Hungary. However, the evolution of the forint exchange rate will remain an important issue in the […]
Fidesz-KDNP in first place, more and more people are turning away from Péter Magyar
The governing parties’ lead remains unchanged Among the politically active Hungarian population (those who say they are sure or likely to go to the polls), the Fidesz-KDNP alliance is on 40%, followed by the Respect and Freedom Party (TISZA) on 31%. The Hungarian Two-Tailed Dog Party (MKKP) is in third place in the party ranking […]
Households’ sense of prosperity continued to improve in December
The prosperity index remained in negative territory, determined by the uncertainty caused by the prolonged Russia-Ukraine war and the economic sanctions. Significant improvement in economic expectations is likely to occur if the war ends, inflation remains in the central bank’s target range (between 2% and 4%), the interest rate environment becomes more favourable, and energy […]
Hungarians trust that Trump will end the Russia-Ukraine war and bring peace
The Hungarian population is consistently pro-peace As a starting point, it should be remembered that Prime Minister Viktor Orbán visited Presidents Volodymyr Zelensky of Ukraine, Vladimir Putin of Russia and Xi Jinping of China in the framework of his July peace mission, and then concluded his diplomatic tour with a visit to Donald Trump after […]
Sense of prosperity improved for both households and businesses in November
The prosperity index remained in negative territory, determined by the uncertainty caused by the prolonged Russia-Ukraine war and the economic sanctions. Significant improvement in economic expectations is likely to occur if the war ends, inflation remains in the central bank’s target range (between 2% and 4%), the interest rate environment becomes more favourable, and energy […]
Fidesz-KDNP maintains its lead
Survey data show that, in a parliamentary election due this Sunday, 38% of the politically active Hungarian population (those who are either certain or likely to vote) would vote for the Fidesz-KDNP coalition. In the party ranking, the Respect and Freedom Party (TISZA) is in second place with 32%, followed by the Hungarian Two-Tailed Dog […]
Turning point: sustainability will soon be a factor in corporate borrowing
Questions about greenhouse gas emissions, the existence of external certifications, or even workplace turnover have been received in large numbers by Hungarian, typically supplier SMEs from their multinational customers. This was particularly the case in the automotive industry and other industries with complex supply chains. And the wide and often changing range of questions and […]
The Hungarian economy again grew below its historical trend rate
At its September meeting, the Monetary Council of the central bank continued monetary easing after maintaining the base rate the previous month. Thus, the base rate in Hungary currently stands at 6.5%. In July, retail sales increased by 2.5% year on year on both a raw and calendar-adjusted basis. Within this, compared to the same […]
U.S. Presidential Election: How Do Hungarians View U.S.-Hungarian Relations?
U.S.-Hungarian Relations: Closer Cooperation and Constructive Criticism The survey results paint a dual picture of perceptions about the United States: while the domestic population views strengthening ties with the U.S. positively, they have reservations about the United States’ global role and cultural influence on the world. Accordingly, 74 percent of respondents would consider closer cooperation […]
Stable lead of the governing party
Among the politically active Hungarian population (those who say they are sure or likely to vote), the governing parties are currently at 40%. The Respect and Freedom Party (TISZA) is in second place with 31%, nine percentage points behind, while the Our Homeland Movement (Mi Hazánk Mozgalom) and the Hungarian Two-Tailed Dog Party (Magyar Kétfarkú Kutya […]
Business sense of prosperity improved in October
The prosperity index remained in negative territory, determined by the uncertainty caused by the prolonged Russia-Ukraine war and the economic sanctions. Significant improvement in economic expectations is likely to occur if the war ends, inflation remains in the central bank’s target range (between 2% and 4%), the interest rate environment becomes more favourable, and energy […]
Flood protection in Hungary: rapid and effective public and institutional cooperation
Social cohesion accompanied the defence The ability of the population to act as one in the face of natural disasters is key to a rapid and effective response. As a sign of solidarity and cooperation in a crisis, the survey found that 92% of respondents believe that society has come together to tackle the floods. […]
Artificial intelligence: less informed internet users in Hungary
As a technology for collecting, processing, analysing and exploiting the vast amounts of data accumulated during digitisation, the widespread use of AI systems represents a step change in the already accelerating pace of digital transformation. According to most authoritative international and national research, AI systems significantly improve the operational efficiency and productivity of businesses. By […]
The Hungarian economy was growing below its historical trend rate
After cutting the base rate the previous month, the Monetary Council of the central bank halted monetary easing at its August meeting. As a result, the base rate (and the policy rate) in Hungary is currently at 6.75%. In June, retail sales increased by 2.6% year on year on both a raw and calendar-adjusted […]
The sense of prosperity improved in September
The prosperity index remained in negative territory, determined by the prolonged Russia-Ukraine war and the uncertainty caused by economic sanctions. Significant improvement in economic expectations will be possible if the war ends, inflation remains in the central bank’s target range (between 2% and 4%), the interest rate environment becomes more favourable and energy markets […]
The Hungarian digital economy continues to grow
For the third time since 2015, Hungarian macroeconomic researchers and digitisation experts have produced a comprehensive analysis of the national economic weight of the Hungarian digital economy. The key finding of the research is that if digital technologies take off even more robustly than today, the digital economy could be one of the drivers of […]
4G usage is growing dynamically in Hungary, but 5G demand is still moderate
Rapid advances in technology, the dynamic growth of digital solutions, and the ever-increasing number of residential and business users make the continued availability and high reliability of high data-capacity and high-availability fixed and mobile telecommunications networks essential. Although recent years have not fully confirmed experts’ expectations for a rapid take-up of 5th generation mobile […]
Domestic demand may remain subdued even with an improving inflation outlook
The average annual inflation rate could be 4.0% this year, down from 17.1% last year, bringing it back into the central bank’s tolerance band of 2-4% as early as this year. Inflation is expected to peak this December, followed by average consumer price inflation of 3.7% in 2025 and 3.1% in 2026. The central […]
The Future of American Hegemony from a Hungarian Perspective
The United States undeniably became the central player in the global power system in the second half of the 20th century. American economic, military, and cultural dominance significantly shaped the post-Cold War world order, and the concept of the “American Dream” that emerged in the 19th-20th centuries entered the public consciousness as a kind […]
