Tag "gazdaság"
Márton Nagy: the turning point is here, the Hungarian economy will shift to a higher growth path in 2025
According to the Central Statistical Office, the economy grew by 0.4 percent in the last quarter of 2024 compared to the same period of the previous year based on raw...
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K&H: Despite their stable situation, slight pessimism prevails among Hungarian SMEs
The K&H SME Confidence Index, which shows the outlook for domestic SMEs, returned to its summer state in the last quarter. Based on the research results, it seems that the...
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GKI analysis: Don’t let anyone else do the work for you
An often-mentioned element of economic competitiveness is exportability. If a company’s products can be sold abroad at a good price (e.g., products of domestic pharmaceutical manufacturers), this improves the operation...
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Waiting for GDP growth: the Hungarian economy recovering from an uncertain situation
The Hungarian economy is expected to start growing more strongly in the second half of 2025. Equilor Investment Co. forecasts that GDP will grow by 2.2% this year and by...
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KPMG at the World Economic Forum 2025: Collaboration for the Intelligent Era
KPMG will once again be a keynote speaker at the 2025 World Economic Forum (WEF) in Davos from 20-24 January. The main theme of the event is “Collaborating for the...
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Gergely Gulyás: retail turnover has been growing for 13 months, and domestic tourism broke all records last year
The government is optimistic because the Hungarian economy is on the verge of serious growth, the minister leading the Prime Minister’s Office stated on Thursday in Budapest, on Kormányinfo. Gergely...
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Fighting inflation: focus on food and fuel
From January 1, 2025, the government has raised the threshold for VAT exemption to 18 million forints, which affects approximately 850,000 businesses in Hungary. Minister of National Economy Márton Nagy...
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NGM: public finance deficit as a percentage of GDP decreased in 2024
At the end of December last year, the central subsystem of the public finance closed with a deficit of 4,095.8 billion forints. Within this, the central budget showed a deficit...
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Tourism and energy: New impetus for Southern Europe
The concept of the “global North” and the “global South” has long played a decisive role in international economic thinking, separating economically developed and developing countries. However, in recent years,...
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The Chinese market sustains the tobacco industry
While smoking has declined in much of the world as a result of strict regulations and tax increases, the opposite is happening in China. Laxly enforced regulations and government economic...
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The K&H large company growth index shows a turnaround that cannot yet be called a trend
The leaders of large companies seem more optimistic compared to the strong pessimism of the previous period, according to the last quarter research data of the K&H Large Company Growth...
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There were fewer capitalists and the real value of capital income also decreased in 2023
According to NAV data, in 2023 the number of people with capital income decreased from 375 thousand to 356 thousand, about 5 percent. The amount of declared net capital income...
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NKFIH launches project to stimulate SMEs
A new project of the National Research, Development and Innovation Office (NKFIH) encourages micro, small and medium-sized enterprises to develop professionally, innovate, and expand economic relations and research areas, the...
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Turn 2024 – Rise of active individual entrepreneurs
The number of sole proprietorships grew dynamically in 2024, while the decline in partnerships continued. There are currently more than 1.1 million sole proprietorships and partnerships in Hungary, and the...
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New investments worth 4,000 billion forints are coming to our country
Last year was the second most successful year in the history of the Hungarian economy in terms of investment promotion, with 4,000 billion forints of new investment coming to our...
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KSH: the volume of construction production in November decreased by 1.7 percent compared to a year earlier and by 2.0 percent compared to the previous month
In November 2024, the volume of construction production fell by 1.7 percent compared to a year earlier, according to raw data. Among the main construction groups, the production of buildings...
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Inflationary turn among Hungarians
The inflation situation has improved significantly among the population, including the middle-aged, according to the latest K&H Komiszti Futur survey. Among other things, 78 and 66 percent experienced a significant...
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New year, new and old challenges in logistics: The sector could feel like it’s on a roller coaster in 2025
There have been a significant number of economic trials in recent years, both domestically and internationally. 2025 is not expected to be the easiest year in every respect, at least...
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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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