Tag "gazdaság"
Young people keep the spirits up in the world’s most pessimistic country
Even in a global context, Hungarians see their own financial situation and the fate of the country’s economy the most pessimistically, according to the Hungarian data published for the first...
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KSH: Industrial production fell by 8.3 percent in April
In April 2023, the volume of industrial production was 8.3 percent lower than a year earlier; adjusted for the working day effect, production decreased by 5.8 percent – the Central...
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The performance of the British economy increased in April
After the decline in March, the performance of the British economy increased in April, according to the first estimate presented by the British Statistics Office (ONS) on Wednesday. Based on...
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GFM: payments are continuous in the Széchenyi Card Program
In particular, given that domestic small and medium-sized enterprises account for the majority of the employed and provide the livelihood of millions of families, the government is committed to increasing...
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The Ministry of Economic Development draws attention to the rules of student work
The Ministry of Economic Development’s announcement on Monday draws attention to the regulations regarding the work of students. According to the Labor Code, the general rule is that anyone over...
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István Nagy: the positive effects of mandatory store promotions are already visible
Although it has only been in effect for a short time, since it was introduced on June 1, the very positive results of the mandatory store promotions are already visible...
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The circular economy is also revved up with SAP
From July 2023, the Hungarian waste management system will be completely transformed. The competent subsidiary of MOL chose the SAP system for the IT support of complex organizational, management and...
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NAV collected more taxes than expected in 2022
The National Tax and Customs Administration has published its yearbook summarizing the most important tax authority events and statistics of the year 2022. It reveals, among other things, the amount...
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Businesses operating in agriculture, tourism or catering receive support for student work
Even in the severe economic situation caused by the war and the failed sanctions, the government is doing everything to protect families, pensioners, and jobs. Since 2010, the government has...
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308 million euros surplus in foreign trade
The foreign trade surplus exceeded expectations, reaching an additional €308 million in April, partly due to a decrease in energy prices. Reflecting weak industrial data in April, the growth of...
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The OECD minimally improved its global economic growth forecast
The organization of industrialized countries, the Organization for Economic Co-operation and Development (OECD), slightly revised its forecast for world economic growth in 2023 upwards and did not change its forecast...
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GKI: What did (re)industrialization achieve in the light of the development of foreign trade?
Hungary’s foreign trade balance in goods showed a record loss in 2022 (-8.6 billion euros) according to the KSH, while according to the MNB the deficit was almost -15 billion...
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As expected, Swiss inflation slowed in May
In line with analysts’ expectations, Swiss consumer prices rose by 2.2 percent year-on-year in May, according to Monday’s data from the Swiss Statistical Office. A month earlier, in April, annual...
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István Nagy: the most important goal of the government is to strengthen the Hungarian economy
Strengthening the Hungarian economy, protecting families and jobs is the most important goal of the government – Minister of Agriculture István Nagy declared on Saturday at the handover ceremony of...
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GFM: the number of registered job seekers has never been so low
Despite the war times, in the last 30 years, the number of registered job seekers in Hungary has never been as low as in May this year, the Ministry of...
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Márton Nagy: the mandatory promotion and price reduction of food has started
From June 1, the mandatory sales in commercial stores began to reduce the increased food prices due to the war and sanctions. This is another government measure to protect Hungarian...
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GKI: A korábbi laza költségvetések árát fizetjük meg most
Government spending in recent years was initially aimed at mitigating the harmful economic effects of the COVID-19 epidemic, and then the stated goal became the forced acceleration of growth. If...
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BMI: Moderate expansion in May
The seasonally adjusted May value of the Purchasing Manager Index (BMI): 57.1. Compared to the previous May values, this year’s value is higher than the long-term average for this month...
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KSH: investments decreased by 2.8 percent in the first quarter
The volume of investments in the first quarter of 2023 decreased by 2.8 percent compared to the same period of the previous year, and compared to the previous quarter –...
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GKI: Why should the MNB fight inflation with high interest rates?
The shocking rise in consumer prices last year and the expected peak this year raises the question of whether the MNB is doing the right thing by protecting itself against...
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After a fell in April, GKI’s economic sentiment index rose slightly in May
Although GKI’s economic sentiment index rose in May compared to April, it still did not reach its March level. Business expectations also remained worse than in March, despite an improvement...
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VOSZ held its national meeting of delegates
VOSZ has been present in the Hungarian economy for 35 years this year, and plays a decisive role in the representation of business interests and social dialogue. Building on the...
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Coface: An unfavorable turn has occurred in the economies of the region, including in Hungary
While the number of insolvent companies decreased in the Central and Eastern European region in 2020, it increased in 2021 and then accelerated in 2022, according to the analysis of...
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VAN VOSZ VÁLASZ: Is it possible to reduce inflation and interest rates together?
A high inflation and high interest rates hinder business development, economic growth, and catching up. To sustain businesses and promote economic development, it is essential to reduce inflation and interest...
Read moreEU forecast: prospects for the European economy are improving
Despite the persistently challenging global environment, economic prospects are improving, the European economy continues to show resilience, the European Commission wrote in its spring economic forecast published on Monday. Economic...
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KSH: industrial production fell by 4.1 percent in March
In March, the volume of industrial production was 4.1 percent lower than a year earlier. Adjusted for the working day effect, production decreased by 4.0 percent – the Central Statistics...
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April data are out: based on this, how realistic is it that the MNB’s inflation plan will be met?
Based on the KSH’s quick information, the rate of the annual price increase in April was exactly 24 percent, so the inflation data valid for the first 4 months is...
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BMI: Intensive expansion in April
The seasonally adjusted April value of the Purchasing Manager Index (BMI): 61.9. Compared with the previous April values, this year’s value is higher than the long-term average for this month...
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K&H: The second half of the year may be easier
After last year’s decline, the mood of the companies slowly but surely turned upwards. The K&H large company growth index, like the K&H confidence index, started to rise, although the...
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In Germany, retail sales decreased in March
In Germany, retail sales decreased in March, both year-on-year and month-on-month. The German Federal Statistical Office (Destatis) announced on Tuesday that, with calendar and seasonal adjustments, retail sales fell by...
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