Prime Minister Viktor Orbán said it is “totally unthinkable” that Hungary would lose European Union funding or be fined for its governmentʼs policy on migration, responding to a question in his regular weekly interview on government-controlled Kossuth Radio, as reported by official state media.
The National Bank of Hungary (MNB) played down the impact of steep wage growth on inflation in its quarterly Inflation Report released Thursday. At the same time, Minister for National Economy Mihály Varga said the government plans to cut payroll tax by 2.5 percentage points next year, rather than 2.0.
The Hungarian mergers and acquisitions market had its best returns in four years, with the real estate sector being the most active in the first half of the year, to little surprise, according to EY Hungary’s H1 figures.
In July 2017, there were 2.6% fewer live births but also 7.1% fewer deaths than in the same month of 2016. The monthly natural decrease was thus 31% less than a year earlier. In the first seven months of the year, however, the number of live births was 0.1% less than in the previous year, while deaths increased by 6.8%.
In July 2017, the volume of sales in retail shops, according to both raw and calendar-adjusted data, grew by 4.2% compared to the same month of 2016, a second estimate of monthly data from the Central Statistical Office (KSH) shows. The figure is 0.1 of a percentage point higher than the first estimate on September 5.