Hungarian Conservative

It is important that consumers who become victims of fraud receive assistance promptly, she said, stressing that if someone falls prey to a scam they should report the incident immediately, so that the circumstances can be investigated as soon as possible.

The Ministry of Economic Development said in a statement that the increased demand for government bonds has both directly and indirectly improved the government’s self-financing capability, reduced government interest expenditures, and managed to preserve the real value of citizens’ savings. Additionally, government measures have contributed to the fact that individuals are making more conscious decisions about their savings, turning towards higher-yielding assets in a high yield environment.

Based on the latest data, nearly 4.8 million people are employed in Hungary, and the unemployment rate stands at 3.8 per cent, well below the EU average. The data reflects that the Hungarian labour market remains tight, and employment is in good condition, State Secretary Sándor Czomba stated.

Since 2010, the government has been working towards achieving full employment and building a labour-based economy. Compared to 2010, one million more people are now employed in Hungary, and the number of those employed is steadily approaching 4.8 million.

The price monitoring system will come into effect on 1 July, and is expected to contribute to pushing inflation back to single digits.

At the meeting, the parties agreed to strengthen cooperation. They also shared the view that government support needs to be provided in order to protect Hungary’s strategically important automotive industry and preserve jobs.

According to data shared by the Ministry of Economic Development, this is the most favourable February data ever, with the number of job seekers decreasing by an additional 7,000 compared to the same level a year earlier.