Tag "gazdaság"

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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Viktor Orbán spoke about the extension of the margin freeze

A decision on extending the margin freeze to household and toiletries products may be made at next week’s government meeting, Prime Minister Viktor Orbán announced on Kossuth Radio. The announcement...

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Eurozone manufacturing activity improved in April, but still shows weak performance

The pace of decline in eurozone manufacturing activity slowed to its slowest pace in 32 months in April, according to the purchasing managers’ index (BMI) from S&P Global and HCOB...

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KSH: in March, the number of guests was 1.1 percent lower and guest nights were 5.9 percent lower than a year earlier

In March 2025, 1.1 million guests spent nearly 2.7 million guest nights in tourist accommodation (commercial, private and other). Due to Good Friday and Easter, which fall entirely in April...

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China would stimulate domestic consumption with tax refund relief

China has taken another step to boost weak domestic demand by lowering the threshold for tax refunds for foreign tourists, the Ministry of Commerce and other government agencies announced in...

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Confidence in the global economy plummets due to US tariff war

The economic confidence indices of the world’s leading economies have deteriorated significantly due to trade tensions caused by US tariff measures, according to the Tiger Index compiled jointly by the...

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Average earnings continued to increase

According to the latest data from the Central Statistical Office, in February 2025, the gross average salary exceeded 661 thousand forints, which represents an increase of 56 thousand forints, or...

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Eurozone industrial production exceeded expectations in February

Eurozone industrial production rose more than expected in February, both month-on-month and year-on-year, Eurostat, the European Union’s statistics office, said on Tuesday. Eurozone industrial production rose by 1.1 percent in...

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Hungary’s economic vulnerability: causes, consequences and possible solutions

The economic developments of recent years have once again drawn attention to the vulnerability of the Hungarian economy. The declining growth, the fluctuating forint exchange rate and the runaway inflation...

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Hungary remains a recommended investment destination

Hungary’s financial situation is stable, and our country remains a recommended investment destination. Standard and Poor’s, the international credit rating agency, has once again affirmed Hungary’s sovereign debt rating and...

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Less entrepreneurship, more difference – this is how the number of companies changed by county between 2022 and 2024

While the number of businesses decreased nationwide, completely different processes were taking place in the background in the Hungarian counties. Budapest lost its momentum spectacularly, while Győr-Moson-Sopron was even able...

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(HU) Dr. Matura Tamás: Előfordulhat, hogy az USA ledolgozza magát Kína szintjére

Sorry, this entry is only available in HU....

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NGM: domestic economic processes are developing favorably, industrial performance is held back by weak external demand

Domestic economic processes are developing favorably, the performance of industry is being held back by weak external demand – this is how the Ministry of National Economy (NGM) commented on...

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Eurozone service industry performance growth accelerated in March

The growth rate of the eurozone’s services sector performance accelerated in March, according to a joint survey by S&P Global Market Intelligence and Hamburg Commercial Bank AG, released on Thursday....

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Márton Nagy: Retail turnover growth is currently in the 4-5 percent range

This year is the year of economic breakthrough, with growth above 3 percent in the second half of 2025, and a dynamic expansion of GDP expected in the following years,...

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The economic sentiment index deteriorated in the EU and the euro area in March, but improved in Hungary

The economic sentiment index in the euro area and the European Union deteriorated in March compared to the previous month, while it improved in Hungary, according to a survey by...

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NGM: 2025 is the year of breakthrough, catching up will not be stopped

According to Eurostat data published on Thursday, in 2024, Hungary’s GDP per capita measured at purchasing power parity was 77 percent of the EU average, ahead of Slovakia, Latvia, Greece...

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