Tag "gazdaság"
GKI Analysis: We invest, but we don’t make progress
GKI has recently prepared a comprehensive series of analyses on the labor productivity of the sectors of the Hungarian national economy. The results show that the labor productivity of Hungarian...
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Opten: The number of companies in Hungary may drop below half a thousand
A lasting and profound transformation is taking place in the Hungarian corporate sector: while nearly half a million partnerships were still operating in May, the number has been continuously decreasing...
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KSH: the gross average salary was 708,300 forints, 9.8 percent higher than a year earlier
In April 2025, the average gross salary of full-time employees was 708,300 forints, and the average net salary was 486,500 forints. The average gross salary was 9.8 percent, the average...
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Liz Truss: We need to return to more realistic trade
We need to return to more realistic trade based on agreements between countries, said Liz Truss, former Prime Minister of the United Kingdom, at the Budapest Global Dialogue event in...
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K&H: Hungarian economy could grow by 2.5-3 percent next year
Based on the current, uncertain outlook, after the 0.5 percent growth expected this year, an acceleration can be expected in 2026. All this may be accompanied by an annual average...
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The NKFH imposed a fine of almost 3 million forints during the national strawberry inspection
The National Trade and Consumer Protection Authority (NKFH) has concluded its four-week nationwide strawberry inspection. According to the inspections covering the entire commercial range, every tenth product had a problem;...
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GKI Analysis: The financial sector is starved but efficient
As part of our productivity analysis series, following the manufacturing, construction, retail, and ICT sectors, we now examine the financial and insurance sector. In 2023, this sector accounted for an...
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The Hungarian economy is facing increasingly strong headwinds
Despite the uptick in household consumption, Hungary’s economic growth is expected to reach no more than 0.8% this year due to the unfavourable external environment. Meanwhile, declining global oil prices...
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Retail sales growth accelerated in Russia, unemployment stagnated
Russia’s retail sales growth accelerated and unemployment stagnated in April. The Russian statistics agency reported on Thursday that retail sales growth accelerated to 1.9 percent year-on-year in April from 1.3...
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KSH: Economic performance stagnated in the first quarter of 2025 compared to the first quarter of 2024
The volume of Hungary’s gross domestic product stagnated in the first quarter of 2025 according to raw data, and was 0.4 percent lower than the same period of the previous...
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GKI analysis: Hungarian industrial production decreased further
The volume of Hungarian industrial production declined for the second consecutive year: by 5.5% in 2023 and by 4% in 2024. Sales decreased both on the domestic and export markets....
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OECD slightly downgrades global GDP growth forecast for this year and next
The Organization for Economic Co-operation and Development (OECD) has marginally downgraded its forecasts for global economic growth this year and next, citing increasing uncertainty and complexity in the economic environment....
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Still on the border: manufacturing growth slowed in May
In May 2025, the seasonally adjusted Purchasing Managers’ Index (PMI) stood at 50.1 points, barely remaining in expansionary territory. This figure is not only below April’s result but also significantly...
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The foot-and-mouth disease epidemic is slowly ending, but a solution must be found to its economic effects
The foot-and-mouth disease epidemic affecting even-toed ungulates broke out in our country in March this year. We hope that the epidemiological experts have successfully stopped the further infection of the...
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AI can bring more than the industrial revolution
The impact of artificial intelligence (AI) on the global economy over the next decade could be comparable to the scale of industrialization in the 19th century, according to a recent...
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The government supports the tourism sector with a new tool
Tourism is a sector of strategic importance for the Hungarian economy, which has achieved outstanding results in the past year. The government aims to further strengthen the momentum and competitiveness...
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The GKI business climate index decreased in May
According to a survey conducted by GKI Economic Research Co. – supported by the EU – both consumers and businesses became slightly more pessimistic in May compared to April. The...
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Márton Nagy: in the long term, we must return to investment-based economic growth
In the long term, we must return to investment-based economic growth; consumption-based growth is unsustainable – said the Minister of National Economy on Thursday at the Portfolio Lending 2025 conference...
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KSH: Investment performance fell by 12.1 percent in the first quarter of 2025
The volume of investments in the first quarter of 2025, according to raw data, fell by 12.1 percent compared to the same period of the previous year. Compared to the...
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K&H Analyst Commentary: Hungarian wages continue to slow down
Based on the current outlook, net real wages may increase by 3.8 percent this year. Wage dynamics have been slowing down continuously since the beginning of last year, and the...
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EU forecast: moderate growth expected despite global economic uncertainty
Despite heightened global political uncertainty and trade tensions, the European Union’s economic growth will moderate this year, with GDP growing by 1.1 percent in the EU and 0.9 percent in...
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Adjusted for inflation, household wealth has not grown as much
The median net wealth of Hungarian households rose to 30.6 million forints by 2023 – but inflation and inequality cloud the picture. According to the latest “What do we live...
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Nothing is certain in the world, except taxes – or are they not even certain anymore?
Coping with a dynamic and often unpredictable economic environment, effectively applying generative artificial intelligence in tax, and developing tax teams – these are the three key tasks facing tax leaders...
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Informal consultation of FAO European and Central Asian member countries in Hungary
International organizations have a major role to play in overcoming the economic crises affecting Europe and Central Asia and in mitigating the severe impacts of climate change. Our cooperation is...
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K&H Analyst Commentary: Inflation Surprised
April inflation was higher than expected. There is a lot of uncertainty about the future, and according to the current situation, annual inflation may be below 4.5 percent. In April,...
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GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining the European Union. Beyond hard-to-measure benefits like duty-free exports, capital inflows, and labor mobility, EU financial support has had a...
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The tourism industry has declined – but it is still one of the best-performing sectors of the economy
The Tourism Business Index (TKI) stood at -6 points in April, according to a joint measurement by the Hungarian Tourism Association Foundation, VIMOSZ and GKI Economic Research Ltd. The indicator...
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Márton Nagy: the most important task is to boost economic growth
Minister of National Economy Márton Nagy called the most important task to boost economic growth, raising it above 3 percent, at the 4th Oradea Economic Conference on Thursday. At the...
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KSH: retail turnover exceeded the same period of the previous year by 0.4 percent, decreased by 0.5 percent compared to the previous month
In March, the volume of retail sales in Hungary decreased by 0.4 percent based on raw data, while calendar-adjusted (and Easter-adjusted) data show a 0.4 percent increase compared to the...
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NGM is satisfied with the increase in retail turnover Visszajelzés küldése Oldalsó panelek Előzmények Mentve Fordítási találatok állnak rendelkezésre
The March slowdown in retail sales is merely a temporary, technical phenomenon, the background of which is the Easter effect, meaning that in 2024 Easter fell at the end of...
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