Tag "gazdaság"
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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KSH: industrial production fell by 7.2 percent in September
In September 2024, the volume of industrial production was 7.2 percent, or 5.4 percent after the working day effect, compared to a year earlier, the Central Statistical Office (KSH) confirmed...
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Péter Benő Banai: next year, the Hungarian economy may grow above 3 percent
Next year, the Hungarian economy, relying on the policy of economic neutrality, can grow above 3 percent, stated the State Secretary of the Ministry of Finance responsible for public finances...
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Gergely Suppan: the economy can be on a higher growth path
The Hungarian economy can be on a higher growth path from 2025, said the leading economist of the Ministry of National Economy (NGM) on Friday on the current channel M1....
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EU summit – Charles Michel: the internal market must be deepened
We must deepen the internal market of the European Union, companies must be helped with capital in investments and innovation, said Charles Michel, President of the European Council, on Friday...
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Richárd Szabados: the government’s priority goal is to support businesses that form the backbone of the economy
The government’s primary goal is to support domestic businesses that form the backbone of the economy, since the unprecedented development experienced in the past decade would not have been possible...
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Mihály Varga: From 2025, the economy can be on a higher growth path
After four difficult years, starting from 2025 next year, the Hungarian economy can return to the growth rate of the pre-pandemic period, for which a disciplined fiscal policy provides an...
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Industrial production has decreased in Hungary: the NGM urges the reduction of German dependence
According to the latest data of the Central Statistical Office (KSH), adjusted for calendar effects, industrial production in September 2024 was 5.4 percent below the level of the previous year,...
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MTÜ: rural restaurants can once again apply for HUF one million subsidies
Rural restaurants that did not submit an application in the previous announcement can apply for HUF one million subsidies until December 4, the Hungarian Tourism Agency (MTÜ) told MTI on...
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BMI: Deepening contraction in October
The seasonally adjusted October value of the Purchasing Manager Index (BMI): 47.6. Compared with the previous October values, this year’s value is lower than the long-term average for this month...
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The Night of Modern Factories event series is becoming more and more successful
The national online and live event series The Night of Modern Factories is becoming more and more successful, this year 98 businesses from different regions of the country have already...
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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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