Tag "gazdaság"

BMI: Growth slowed down in August

The seasonally adjusted August value of the Purchasing Manager Index (BMI): 57.8. Compared to the previous August values, this year’s value is higher than the long-term average for this month...

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The economy may suffer nearly three times the originally planned average annual rate of monetary deterioration of 5%

Inflation in Hungary exceeds all previous expectations. After the publication of the latest July inflation data, analysts revised their inflation expectations upward, and it is possible that the Hungarian economy...

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K&H: this is how domestic companies are handling the new crisis

After 2008 and 2020, this year is another milestone for companies. Although for the time being, there is not as strong a decline as two years ago, there is a...

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“We can only harvest a small crop of poor quality at a huge cost” – farmers are in trouble

The rain arrived late in the eastern regions of the country, barely mitigating the damage caused by the historic drought. Farmers say that most of the crops are so burnt...

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In August, the GKI economic index fell sharply

Business and consumer expectations continued to deteriorate for the fourth month in August. According to a survey conducted by GKI Gazdaságkutató – with the support of the EU – since...

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Blockchains and cryptocurrencies – how to proceed?

In the last 13 years, we have encountered few financial and economic phenomena as divisive as cryptocurrencies. 2009 was the year when Satoshi Nakamoto issued Bitcoin. Since then, the existence...

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What will happen to Italian people favorites foods if there is not enough pasta and tomato sauce?

A 100 percent increase in utility costs awaits Italians returning from vacation, and the price of food, public transportation, and textbooks will continue to rise, the daily newspaper La Repubblica...

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China has not been in such trouble for decades

There are more and more signs that this year China will not be able to meet the GDP growth rate set for this year by the leadership in Beijing, which...

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Fed promises: they will raise until they beat inflation

After the 75-basis-point interest rate hike in July, Fed will not consider stopping the tightening until they see a significant decrease in inflation, according to the report of the American...

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Romanians’ GDP lags behind Hungarian growth

In Romania, the economy expanded by 5.3 percent in the first half of this year, both in terms of raw and seasonally and calendar-adjusted values compared to the same period...

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We are facing the most difficult three months of the Hungarian economy

Increase in utilities, fuel changes, transformation of the kata, drought – between August and October, inflationary pressure is heavier than ever before on the Hungarian population. In this period, it...

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KSH: GDP increased by 6.5 percent in the second quarter

In the second quarter, the gross domestic product (GDP) increased by 6.5 percent compared to the same period of the previous year. Compared to the previous quarter, the performance of...

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Hungary is now free of bird flu, but thousands of poultry were slaughtered again in the Netherlands

All 5,000 laying hens were killed in the Dutch egg-producing farm where bird flu infection was identified in the morning hours, and the poultry stocks of seven other farms located...

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K&H: The Russian-Ukrainian conflict affects the operation of almost all large Hungarian companies

Fewer and fewer large domestic companies expect the end of the Russian-Ukrainian military conflict this year, even though the international situation is very decisive for them in terms of their...

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Facilitating temporary labor can also cause wage tension

It has become easier to employ third-country nationals, including workers from the Asian region, through qualified labor agencies. In addition to the fact that, due to the lack of labor...

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Fidelity: Hungary will be less sensitive to pressure towards further devaluation of the forint

Inflation, central bank interest rates, energy prices – the countries of Central and Eastern Europe are reacting to the changes at a high pace, and the experts of Fidelity International...

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The catering turnover increased by 15%, the recovery of the sector is about to continue

Compared to the rising base due to the gradual opening a year ago, the volume of catering turnover increased by 14.7% in June after the 34.3% increase in May, while...

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GKI: How much energy do companies save with investments?

GKI Gazdaságkutató Zrt. examined whether the enterprises had implemented energy-saving investments in the last 3 years, and how much energy savings they achieved. The survey was conducted in May 2022,...

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Investor sentiment in the Eurozone improved less than expected in August

The Sentix economic research institute’s August euro zone investor sentiment index improved less than expected: the professionals interviewed proved to be less pessimistic about the expected developments, but the degree...

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The really rough inflation is just coming, some analysts say

Inflation in Hungary may have jumped to 13% in July, according to Portfolio’s survey monitoring analysts’ expectations. In June, the KSH measured an annual rate of price increase of 11.7%,...

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Retail trade slowed down sharply

Falling short of expectations, according to the raw data, the volume of retail trade increased by 4.1% compared to the same period of the previous year, adjusted for the calendar...

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Lőrinc Mészáros: very difficult years are coming

The conference of the Mészáros Foundation is being held these days, which this year will focus on the security policy, economic and social consequences of the Russian-Ukrainian war. Around 200...

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BMI: Steady growth in July

The seasonally adjusted July value of the Purchasing Manager Index (BMI): 57.8. Compared to the previous July values, this year’s value is higher than the long-term average for this month...

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The IMF forecast is out: GDP growth could be 2.5% this year and 1.4% next year

The International Monetary Fund revised its global growth forecast slightly downwards in a recent publication. The latest edition of the World Economic Outlook shows that the IMF does not expect...

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According to the vice president of the MNB, brutal inflation may stay with us until next summer

Barnabás Virág explained the background of today’s interest rate hike in an online background discussion from three o’clock on Tuesday afternoon. As is well known, the Monetary Council raised the...

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K&H: inflation drives the plans of large companies

Among the factors determining the one-year profitability plans of large domestic companies, inflation has become the most important, according to the K&H large company growth index. This has never happened...

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KSH: in May, the average gross salary was 495,900 HUF

The gross average earnings of part-time employees was HUF 495,900, 14.9 percent higher than a year earlier, and the net average earnings, calculated taking into account discounts, rose by 15.6...

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Three Hungarian companies made one and a half billion HUF investments in the metal industry

The consortium of Csaba Metál Zrt., Csaba Tool Kft. and Droidx Kft. carried out a metal industry investment of one and a half billion forints – the tender writer Prospera...

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The economic index of the GKI slowed down in July, but continued to decrease

In July, the GKI economic index fell to its lowest level in more than a year, not seen since last March. According to a survey conducted by GKI Gazdaságkutátó –...

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Mihály Varga: it is favorable that Fitch Ratings confirmed Hungary’s rating despite the war crisis

It is good that Fitch Ratings has confirmed Hungary’s classification despite the war crisis and European recession fears, and continues to recommend Hungary for investment with a stable outlook –...

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