Inflation has been squeezing wallets across Hungary, with food prices climbing steeply—7.1% in February alone. In response, the Hungarian government has rolled out a bold new policy: a margin cap on retailers.
The Hungarian Competition Authority (GVH) has imposed a fine of over 35 million HUF on Foodora for misleading consumers through its promotional offers.
On February 6, 2025, the Hungarian government released a resolution enabling the Budapest Public Utilities (BKM Zrt.) to acquire the Rákosrendező area.
Duna Plaza, located in Budapest, is set to close in 2026 for renovations and expansions, with plans to reopen in 2028. This news was shared during the CBRE Hungary Market Outlook 2025 event, as reported by Portfolio.
Hungary's Gross Domestic Product (GDP) showed a slight increase by 0.2% at the end of 2024, signaling an exit from recession.
The Monetary Council of the Hungarian National Bank (MNB) has decided to maintain the base interest rate at 6.5%. This decision aligns with market expectations and was announced during a session on January 28, 2025.
The construction of the Mosoni-Duna Bridge in Győr has been long anticipated as part of the Modern Cities Program. The project aims to build a bridge and a related 1.2-kilometer road to alleviate internal traffic congestion in the city.
Hungary Airlines Ltd. has officially received its operational identifier as a new Hungarian airline.
As of January 2, 2025, Hungary has seen a significant decline in the number of tobacco shops, reaching its lowest count since the industry was restructured in 2013.
Starting January 1, 2025, the program initially allowed foreign investors to obtain residency in Hungary by investing €500,000 in real estate. However, this option has now been completely removed.
Starting from January 1, 2025, Erste Bank has introduced a loan designed to support young employees in their career beginnings.
Mészáros Lőrinc has seen his estimated wealth double over the past year, reaching 1241.8 billion HUF according to the latest Forbes billionaires list. His fortune is equivalent to 1.65% of Hungary's 2023 GDP
