Is high inflation in Hungary really caused by the war in Ukraine?
We spoke to economist Péter Ákos Bod about war inflation, high consumer prices in Hungary, and inflation expectations for next year.
We spoke to economist Péter Ákos Bod about war inflation, high consumer prices in Hungary, and inflation expectations for next year.
Hungary's GDP per capita is eighth from the bottom in the EU. We have caught up with Portugal and Romania has caught up with us.
Because of a decrease in expected inflation and energy prices, consumers' confidence in the economy is rising in Europe, Hungary is above average.
Our quarterly GDP fell again, meaning that Hungary has entered a technical recession – according to the latest data from the Hungarian Central Statistical Office.
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