The proportion of Hungarian adults who consider self-providence important has increased significantly, while the number of those who think they are unable to save for their retirement has also risen, according to a quarterly representative survey by K&H's Secure Future Index, the results of which were presented at a press conference in Budapest on Monday. […]
66% of Hungarian firms plan to cut back on IT upgrades due to the significant rise in energy prices, according to a joint survey by Association of Information Technology, Telecommunications and Electronics Enterprises (IVSZ) and the Macronome Institute. The association says that this result is also worrying because in order to maintain and increase the […]
Hungarian consumers believe it is important that their household appliances are energy efficient, and the majority are willing to pay a premium for appliances with a better energy rating, but many are not aware of the meaning of energy labels, according to a recent survey by Euronics, a chain of technical stores. According to the […]
The majority of Hungarians admit to consciously buying food, paying attention to the expiry date of food, yet they produce 65 kilograms of food waste annually, resulting in an annual loss of HUF 45,000, the Hungarian Food Bank Association told the state news agency MTI on Monday. According to the statement, the association, the National […]
The e-commerce market in Hungary is growing dynamically, with turnover in 2021 reaching more than HUF 1,200 billion, up 32 percentage points in the past year, according to a representative Payment Experience Report, supported by Mastercard, which was published in a statement on Monday. Mastercard's marketing manager in Hungary, Péter Mondovics, said in the statement […]
In the last quarter of this year, 26% of companies operating in Hungary plan to lay off workers, the employment agency ManpowerGroup said on Tuesday, the state news agency MTI reports. According to a survey by the recruitment agency, half of domestic companies are not planning any changes, but only a fifth of them plan […]
More than a third of Hungarian adults have only enough savings for one month, according to research by K&H Bank. According to the survey, Hungarian adults aged between 30 and 59 have an average of seven months' worth of savings, but there is a wide variation. 36% of respondents said they could only cover one […]
The second cycle of the Program for the International Assessment of Adult Competencies (PIAAC), the most comprehensive international survey of adult skills, will start in Hungary on September 1, the Hungarian Central Statistical Office (KSH) has announced. The survey will examine the basic competences used in everyday life and work – reading comprehension, elementary reading, […]
It has long been an important element of government policy to keep the price of certain goods and services low so that the bill is settled in a less visible way, the business news site napi.hu says. This has happened with utility and food prices, interest rates on loans and fuel prices. In the case […]
Most Hungarian businesses are aware of the effects of climate change, with 50% of firms having environmental protection goals, compared to the EU average of 41%, while only 18% have invested in environmental protection projects, according to a survey by GKI Economic Research Co. Due to a lack of resources, only 15% of domestic companies […]
Hungarians consider scientists the most trustworthy and politicians the most untrustworthy of all professions, according to a global survey published recently by Ipsos. Across 28 countries around the world, a Global Country Average of 59% rate doctors as trustworthy, while 57% say the same about scientists, with teachers in third place at 52%. As in […]
A joint survey by UniCredit Bank and SteiGen investigated how aware people in Hungary are of the concept of ESG and what they expect from large companies in the field of sustainability. The responses revealed a surprising result: the majority of respondents still almost only associate environmental protection as an expectation for companies in this […]
Hungarian workers' optimism has declined after the negative economic consequences of the Russian-Ukrainian conflict and the epidemic measures, and the uncertainty caused by these measures are already having an impact on the labor market, BNP Paribas Cardif Insurance, a credit insurance company, said on Tuesday, based on a joint survey with Medián Institute for Public […]
Corruption remains a serious problem for EU citizens – and this is especially true for Hungarians: 91% of those polled believe that corruption is widespread in this country, while the EU average is 68%. The European Commission has published the latest Special Eurobarometer on Corruption, which captures citizens' perceptions and experiences, as well as the […]
GKI’s economic sentiment index fell in July to its more than one-year low, the lowest since March last year. According to the empirical survey conducted by GKI Economics Research Co. with the support of the EU, business expectations fell by around eight points since April this year, while consumer expectations dropped by more than 20 […]
