March 4, 2017
Hungary regained its investment grade status in 2016, which will result in a stable financing landscape for businesses operating in the country. As part of a struggle to reduce the budget deficit and dodge another International Monetary Fund (IMF) bailout, in 2014, the Hungarian government launched a new range of extraordinary taxes and surcharges on […]
November 5, 2016
The rapid evolution of innovative business models rooted in a sharing economy has shaken up pricing and distribution of goods and services formed over many years in Hungary – in a similar way to how the internet itself had already reshaped the retailing, music and film industries, among others. In 2016, 4% of Hungarian retailing sales […]
August 14, 2016
In 2015, the Hungarian Competition Authority announced the four largest players in the beer market in Hungary will have to reduce their contracts with hotels, restaurants and cafes in order to give local players a chance to compete. As craft beer as become a global phenomenon, Eastern Europe has experienced a surge in small breweries, […]
Dan Stratila
March 4, 2017
“Be careful what you wish for because you just might get it” – this old adage keeps being repeated as the unexpected restoration of Sunday store opening in Hungary, following a one-year ban, brings with it some extra challenges retailers had not anticipated. Sunday opening restricted in 2015 but remains unpopular Hungarian retailers have been […]
March 4, 2017
Euromonitor International's Sarah Boumphrey looks at the effects of EU Membership on Eastern European Member States
August 26, 2012
The Hungarian population will decline in the next twenty years. This decline will be driven by extremely low birth rates, meaning that deaths will exceed births by some margin. Natural population decline will be offset somewhat by positive net migration. The population is ageing steadily and life expectancy is set to rise. In 2030, Budapest […]
October 2, 2011
Welcome to the latest edition of Euromonitor International’s global consumer tracker designed to help you keep in touch with consumer responses to the recession all over the world and more crucially to map signs of recovery via shifting consumer purchasing behaviours and attitudes in 60 developed and developing countries as they emerge. We explore the […]
February 27, 2012
  Hungary’s value added tax (VAT) is currently the highest in the European Union, states Zsofia Megyeri, research analyst at Euromonitor International. This high tax rate of 27% is a way for the government to make up for the country’s large, growing budget deficit, but comes as a problem to Hungarian consumers. Consumer purchasing power […]
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