At -7.5 points, the economic sentiment index of the GKI economic research institute shows its weakest value since March 2021.

The South Korean company W-Scope is investing around HUF 290 billion (approx. EUR 735 million) in Nyíregyháza.

EUROGATE Group, the leading container terminal operator in Europe and its subsidiary EUROGATE Rail Hungary Zrt. (ERH), signed a cooperation agreement with East-West Gate (EWG).

The government extended price caps on fuel and food until October 1. Loan moratorium and cap on mortgage rates will remain in place until the end of this year.

From 1 January, 2023 catering establishments and tourist attractions are obliged to report data to the National Tourism Data Supply Center (NTDSC).

The state transmission system operator Mavir Zrt. will build 20 substations and 7 transmission lines by April 2026 in consortium with Digitális Kormányzati Fejlesztés és Projektmenedzsment Kft.

The Serbian subsidiary of KITE Zrt. opened a new logistics center in Cenej with an investment of HUF 1 billion (EUR 2.5 million).

Huawei Technologies Hungary has launched a HUF 10 million (EUR 25 thousand) scholarship program at the University of Óbuda.

The oil and gas company MOL submitted a binding offer within the framework of the waste management concession tender issued by the Hungarian State.

The inflation rate reached a record high of 10.7% in May compared to the same period last year. The last time the inflation was as high was in December 1999, when it was 10%.