Tag "gazdaság"
GKI analysis: Hungarian industrial production decreased further
The volume of Hungarian industrial production declined for the second consecutive year: by 5.5% in 2023 and by 4% in 2024. Sales decreased both on the domestic and export markets....
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OECD slightly downgrades global GDP growth forecast for this year and next
The Organization for Economic Co-operation and Development (OECD) has marginally downgraded its forecasts for global economic growth this year and next, citing increasing uncertainty and complexity in the economic environment....
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Still on the border: manufacturing growth slowed in May
In May 2025, the seasonally adjusted Purchasing Managers’ Index (PMI) stood at 50.1 points, barely remaining in expansionary territory. This figure is not only below April’s result but also significantly...
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The foot-and-mouth disease epidemic is slowly ending, but a solution must be found to its economic effects
The foot-and-mouth disease epidemic affecting even-toed ungulates broke out in our country in March this year. We hope that the epidemiological experts have successfully stopped the further infection of the...
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AI can bring more than the industrial revolution
The impact of artificial intelligence (AI) on the global economy over the next decade could be comparable to the scale of industrialization in the 19th century, according to a recent...
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The government supports the tourism sector with a new tool
Tourism is a sector of strategic importance for the Hungarian economy, which has achieved outstanding results in the past year. The government aims to further strengthen the momentum and competitiveness...
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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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