This Selected Issues paper examines how and why Hungary reached historically high inflation. Particular attention is placed on cross-country comparisons to understand where Hungary may stand out, and on domestic drivers that could help explain stronger inflationary pressure in Hungary. Following...

The 2022 Article IV Consultation with Hungary highlights that while the economy was recovering from the coronavirus disease-crisis, a succession of shocks and loose fiscal policy intensified inflation and fueled a large external deficit. Appropriately, the central bank significantly tightened...

In 2022, energy prices in the European Union reached record highs, accompanied by a significant increase in fuel prices. In response, the Hungarian government imposed a price cap on retail fuel prices from November 15, 2021 to December 6, 2022. This study empirically examines the effect of the...

As I could not find a reliable mathematical and statistical method for studying the effect of information communication technology on businesses in the literature, I proposed a new research and analysis method that I also used to study the Hungarian economic sectors. An essential question for...

The IT functions of the companies can be executed in different ways in-house solution, outsourcing, in sourcing,formation a spin-off company. Predominantly this function is provided within the company in Hungary. The larger a company is; it is more likely that a separate IT manager will be...