Lifestyle

Natural Decline of Hungary's Population Down in H1

Hungary's population declined 2.3 percent in January-June 2008 compared to the same period a year earlier.

 


Government, NBH Keep Mid-Term Inflation Target Unchanged at 3 pct

The government and the National Bank of Hungary (MNB) have set a joint mid-term inflation target at 3 pct for 2010.

 


Fall in Hungary Retail Sales Accelerates to 1.9 pct in June - Extended

Twelve-month retail sales volume in Hungary fell a calendar year-adjusted 1.9 pct in June, dropping at a slightly faster rate than the 1.6 pct decline in May, the Hungarian Central Statistical Office (KSH) reported on August 25th 2008.

 


Hungarians Spend 28 pct More Abroad in the First Half 2008 – Extended

Hungarians spent HUF 302 billion (EUR 1.29 billion) when traveling abroad in January-June 2008, 28 pct more than a year earlier, figures published by the Hungarian Central Statistical Office (KSH) on August 22nd 2008 reveal. 

 


Hungarians Buy Nearly Twice as Many Laptops as Desktop Computers

Hungarians buy nearly twice as many laptops as desktop computers.


Hajduszoboszlo Lays Cornerstone for EUR 20.4 million Water Park

The city of Hajduszoboszlo laid the cornerstone for a HUF 4.8 billion water park at its thermal baths on Friday, August 8th 2008.

 


Andrassy Boulevard draws more luxury brands

September 17th 2008

Though Hungarians' purchasing power has dropped, Budapest's Andrassy Boulevard is drawing more luxury brands: Gucci will open a shop in a few days, and Armani will follow by year-end, business daily Napi Gazdasag reported on September 17th 2008.


Plaza-Building Boom Still Healthy in Hungary

The plaza-building lull this year is short-lived as ten new malls will be completed in Budapest by 2011. 


Hungary Protects Her Genuine Wine Brand Name

Hungary's government decided on 13th August 2008, to make international legal steps in order to protect the genuine Hungarian wine brand, "Tokaji". The name is bonded to the Northern Tokaj region and Hungarian oenologists claim that the geographical environment makes the local product inimitable. Italian rivals refuse the argument insisting on their interpretation that the brand name is only tied to a certain type of grape.


Hungarians Buy Nearly Twice as Many Laptops as Desktop Computers

Hungarians bought nearly twice as many laptops as desktop computers in the first half of 2008, compared to the same period a year earlier, business daily Vilaggazdasag reported on August 13th 2008, citing figures compiled by market research company IDC.


News Monitoring