Tag "gazdaság"
Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly changed the economic outlook for 2025. For much of 2024, we considered a soft landing in the US as our...
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GKI analysis: We are further away from eurozone membership than we were 10 years ago
Hungary committed to adopting the euro when it joined the European Union. Below, we analyze the fulfillment of the four key criteria required for joining the eurozone. The budget deficit...
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Sixfold difference between settlements – Development of net earnings in 2023 by settlement
The GKI examined the development of net earnings by settlement in 2023. This year, real earnings decreased, but this was not uniform by settlement. Net earnings were highest in the...
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BMI: Moderate expansion in December
The Purchasing Managers’ Index (PMI) seasonally adjusted December value is 50.6. Compared to the previous December monthly values, this year’s value is lower than the long-term average for this month...
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NGM: the government is working to strengthen domestic industry, which is being held back by the crisis in the German economy
The government is working to strengthen domestic industry, which is being held back by the crisis in the German economy, the Ministry of National Economy (NGM) emphasized in its analysis...
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Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease by 12 thousand, while the number of foundings is only 22 thousand, which is the weakest result in the past...
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Mihály Varga: the central bank’s primary goal is to maintain price stability
The primary goal of the Hungarian National Bank (MNB) is to achieve and maintain price stability, Finance Minister Mihály Varga stated in his hearing for the candidate for governor of...
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Portfolio.hu: A wage explosion is taking place in Hungary that has hardly any precedent in the EU
According to a recent Eurostat survey, wages in Hungary increased by the third highest rate in the European Union (EU) in the third quarter of 2024 compared to the same...
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MNB: the monetary council did not change the base rate
The Monetary Council of the Hungarian National Bank (MNB) did not change the base rate at its meeting on Tuesday, which remains unchanged at 6.50 percent. Neither edge of the...
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Viktor Orbán: Economic recovery and historic opportunities for 2025
On Friday morning, Prime Minister Viktor Orbán presented the Hungarian government’s economic goals for 2025 and the potential for a global turnaround in the world on Kossuth Radio. The Prime...
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KSH: industrial production decreased by 0.2 percent in October
In October, the volume of industrial production fell by 0.2 percent, or 3.1 percent adjusted for working day effects, from a year earlier, the Central Statistical Office (KSH) confirmed in...
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Prices rose by 3.7% in November
Following a 3.2% year-on-year increase in October, consumer prices in Hungary rose by an average of 3.7% in November. The latest figure is slightly higher than we expected, but in...
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Freedom24 stock market predictions for 2025: best-performing sectors and key trends
Freedom24, an innovative trading platform that connects investors to the world’s leading stock markets, has identified the trends that will impact stock market performance in 2025 and has compiled a...
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The Saudi Arabian market is happy to see Hungarian know-how
The Hungarian-Saudi Arabia Digitalization Cluster (HSD Cluster) held its first open day, where participants could gain insight into the Cluster’s operations, vision and objectives. The special guest of the event...
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EU and Mercosur countries reach political agreement on planned free trade agreement
The European Commission and representatives of the Mercosur countries have concluded negotiations on a free trade agreement, reaching a political agreement on its conclusion, the Brussels-based executive body announced on...
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Mihály Varga: the Hungarian economy successfully received the last credit rating of this year
“This year alone, the credit rating agencies have assessed Hungary 12 times, and despite the deterioration of external conditions, they have kept our country in the investment grade category every...
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OECD upgrades global GDP growth forecast for 2025
The Organization for Economic Co-operation and Development (OECD) on Wednesday raised its global economic growth forecast for next year to 3.3 percent from 3.2 percent. The OECD also reaffirmed its...
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Biodiversity Conference: Droughts causing damage of 300 billion euros per year on Earth
Global droughts are causing an estimated €300 billion (HUF 124 trillion) in annual damages, according to a UN report presented on the second day of the 16th Biodiversity Conference (COP16)...
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KSH: In the third quarter, the economic performance decreased by 0.7 percent compared to the same period of the previous year
The volume of Hungary’s gross domestic product (GDP) in the third quarter of 2024 was 0.8 percent lower than in the same period of the previous year based on raw...
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Péter Benő Banai: the Hungarian economy is on a sustainable growth path
The Hungarian economy can set itself on a sustainable growth path in the coming years, said the State Secretary for Public Finance of the Ministry of Finance (PM) on Friday...
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K&H: Many people find their shoes too tight
Although middle-aged people have enough savings for seven months on average, 33 percent of them could only support themselves for one month if they had no income, K&H reported based...
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GKI analysis: Growing budget
When submitting next year’s budget, it is worth reviewing how much the Government has spent from taxpayers’ and creditors’ money over the past 14 years and on what. In agreement...
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The economy is starting to grow, but may grow more slowly than expected next year
The Hungarian economy is expected to grow by 0.5 percent this year and 2 percent next year, according to Erste’s forecast. Inflation is not expected to slow down further in...
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Viktor Orbán: economic growth exceeding three percent is realistic next year
Economic growth exceeding three percent in 2025 is realistic in Hungary, the Prime Minister declared in Budapest on Monday. When signing the three-year wage agreement, Viktor Orbán said that the...
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The Ministry of Finance asks people to spend in an information letter
The Ministry of National Economy (NGM) will inform members of the voluntary pension fund in an information letter that they can use their savings for housing purposes tax-free from 2025,...
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A significant minimum wage increase is expected in Hungary: the gross amount will be 374 thousand forints by 2027
The minimum wage in Hungary will be increased by 9 percent next year, by 13 percent in 2026, and by a further 14 percent in 2027, according to Portfolio, which...
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Companies can save significant amounts of money with a credit check
A credit check is a special financial analysis process, within the framework of which experts provide a comprehensive picture of the financial reliability of a person, a business, or even...
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Economic recovery expected to be slow – latest DUIHK survey
The German-Hungarian Chamber of Commerce and Industry (DUIHK) presented its 2024 autumn economic survey on November 14, highlighting a slow path to recovery for the Hungarian economy. The study, based...
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New economic “action plan”: Is it realistic to further increase household loans?
An unfortunate consequence of the domestic housing crisis is that the majority are unable to buy a home on their own, but are forced to take out a loan for...
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The future of multi-use packaging – what should the commercial sector prepare for?
On April 24, 2024, the European Parliament issued a legislative resolution on the PPWR regulation (Packaging and Packaging Waste Regulation – Hungarian version here) on packaging and packaging waste, which...
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