Tag "fogyasztás"
GKI analysis: Earnings – how much is too much?
One of the most common questions in recent months is why, despite the extremely high real wage level, Hungarian consumption is not expanding faster? According to the Minister of Economy,...
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We can be cautiously optimistic
Dr Ákos Kozák, co-founder of the Equilibrium Institute gave a presentation at this year’s Business Day, titled “The Promised Land: a report on the Hungarian economy”. This article is available...
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The autumn started weakly in retail trade
Retail performance in September started off weaker compared to August, showing a 1.4% decline month-over-month after seasonal adjustments, partially attributed to disruptions from flooding. This drop interrupted the upward trend...
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Márton Nagy: Domestic consumption is strengthening
Domestic consumption is strengthening, internal demand and the performance of the dependent sectors are positive, the Hungarian economy is being hit by shocks due to external factors, primarily the decline...
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Consumption could recover in 2025
At the end of August the Equilibrium Institute published its quarterly macroeconomic report and PwC partner Gábor Farkas discussed the main points with Ákos Kozák, economic research director of the...
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Standard and Poor’s: Hungary is still recommended for investment
In today’s rating, Standard and Poor’s confirmed that it continues to recommend Hungary for investment, so the reports of the three most important credit rating agencies all reflect a high...
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Gergely Suppan: stable growth can start in the retail sector
The data of the last month are encouraging from the point of view that a stable growth can start in the retail sector – said Gergely Suppan, the chief economist...
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Hungarian Consumption Expected to Recover by 2025
The Hungarian economy has experienced a challenging period over the past few quarters, characterized by declining household consumption and investment. However, according to a recent report by the Equilibrium Institute,...
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The food shopping habits of Hungarians have changed: price has become the main consideration
In the past period, the food purchasing habits of the Hungarian population have changed significantly, as the price of the products has become the most important decision factor. More than...
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Márton Nagy would use administrative means to encourage domestic purchases: what does this mean in practice?
Minister of National Economy Márton Nagy is considering administrative steps to ensure that the Hungarian population prefers to spend its money at domestic rather than foreign-owned merchants – it was...
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It is misleading to base economic development only on consumption
The one-sided use of consumption indicators, which are often used to measure economic development, can be misleading, especially if sustainability aspects are ignored, the Index article points out. Eurostat’s indicator...
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GKI: Is domestic consumption weak?
Some domestic economists are looking for explanations for the anomaly called the “consumption puzzle” by the Minister of National Economy. In other words: why does this year’s strong real wage...
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The share of EU retail spending continues to fall: report from GfK
According to the latest study by GfK, the proportion of retail spending in the European Union has decreased for two consecutive years, despite the fact that purchasing power and retail...
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This may be the reason for the (temporarily?) low domestic consumption
The standard of living and consumption of Hungarian households has been among the lowest in the European Union for years. While Hungarian consumption showed a significant increase in the 1990s,...
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The increase in real wages affects consumption, which is important for stimulating the economy
The increase in real wages means that more money remains in people’s pockets, more money is left for consumption, which is very important for stimulating the economy – the state...
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MBH Bank: GDP growth may jump to 4.2 percent next year, but the 2.7 percent growth target can be maintained this year as well
MBH Bank’s analysts expect an economic growth of 2.7 percent for the year 2024, but for 2025 they are projecting a growth that is significantly more favorable than this year,...
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A master course in adaptation – how the inflationary environment has influenced the FMCG market
Krisztina Bakonyi-Kovács, senior consultant of GfK-CPS told at the April meeting of the Trade Marketing Club (TMK): the pressure on brands continues to grow. One of the first words that...
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Consumption increased by 3.4%
KSH confirmed that in the first quarter of this year, the performance of the economy increased by 0.8% compared to the previous quarter, according to adjusted data.Compared to the same...
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Customers will have more money to spend, but the economy is still not out of the crisis
This year, several new economic forecasts indicate that the Hungarian economy will achieve or even exceed regional growth averages, and the increase in real wages will once again enable consumption...
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GKI is more pessimistic than the government about growth, inflation and public finances
GKI hasn’t changed its 2-2.5% growth forecast for 2024. However, it has lowered its inflation forecast to 5.5%. This article is available for reading in Trade magazin 2024/5 The expected...
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For the green transition, some raw materials can cover the need in Hungary to a certain extent
In Hungary, there are raw materials from which the need for the green transition can be covered to a certain extent – said associate professor of the Institute of Geography...
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NGM: recovery of consumption continues, retail turnover in January 2024 increased by 0.6 percent compared to the same period of the previous year
Based on the data of the Central Statistical Office (KSH), the volume of retail trade increased by 0.6 percent in January 2024 compared to the same period of the previous...
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Customers feel worse: how will this improve consumption?
According to the latest monthly economic survey of GKI Gazdaságkutátó, residential consumer prospects have significantly deteriorated in Hungary, which may also challenge local economic growth plans. The decline in the...
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Egg consumption has fallen in Hungary
In the last month of the last year, consumption habits in Hungary showed many interesting and special changes. In addition to the significant decrease in egg consumption and the skyrocketing...
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Gergely Suppan: the increase in consumption may be the engine of economic growth this year
The increase in consumption can be the engine of economic growth in Hungary this year, and a high investment rate will also continue to be needed – said the leading...
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This is how much our everyday household appliances consume
Due to the current energy situation, energy awareness and cost efficiency are becoming increasingly important aspects, but do we really know how much our everyday household appliances consume? According to...
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Low consumption holds back the economy, not only in retail
According to analysts, restrained consumption is holding back the economy. The May retail sales data was a negative surprise, and the annual decline was not unexpected. Experts agree that only...
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“Perceived” inflation significantly higher in Germany
Consumers in Germany perceive inflation to be three times higher than the actual rate. This has an impact on willingness to buy, as a recent study by Allianz Trade shows....
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Taxes on extra profits will remain, and the population can also pay taxes on savings
There was a flurry of government decrees last night. The government is not abolishing the extra profit taxes introduced in the summer of 2022, but only halving the tax obligations...
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Finnish Consumers Named ‘Most Sustainable Shoppers’ In Europe
Finnish shoppers have been named the most sustainable in Europe, a study by Savoo has found, having seen a 20% decrease in their consumption footprint between 2010 and 2020. The...
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