Tag "gazdaság"

Road to “economic neutrality”: service exports

Analysts regularly deal with Hungary’s foreign trade balance and its impact on the economy, but mostly the product foreign trade balance is discussed. At the same time, it is also...

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In the OECD, inflation slowed significantly in August

Inflation in the countries belonging to the Organization for Economic Co-operation and Development (OECD) slowed down significantly in August in an annual comparison, mainly due to the strong moderation of...

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BMI: Slower contraction in September

The seasonally adjusted September value of the Purchasing Manager Index (BMI): 49.7. Compared with the previous September values, this year’s value is lower than the long-term average for this month...

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KSH: in July, the product foreign trade surplus was 167 million euros

In July, the volume of exports increased by 4.9 percent and that of imports by 7.1 percent compared to the same period of the previous year. The asset amounted to...

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Hungary has been a member of the European Union for two decades: what does this mean for the economy?

This year Hungary joined the European Union twenty years ago. On the occasion of the anniversary, from mid-September, the European Commission will “Happy Twentieth, Hungary!” launched a communication campaign with...

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Inflationary pressures remain with us

Inflationary pressure still does not ease the companies. Although inflation in August was even more favorable than expected, it still represents a difficulty for domestic large companies in terms of...

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In September, the economic index of the GKI decreased slightly

According to a survey conducted by the GKI Gazdaságkutátó – with the support of the EU – in September, the prospects of the business sector and consumers also collapsed only...

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KSH: Sales prices of the food industry decreased by 0.6 percent

In August 2024, industrial producer prices were on average 3.0 percent higher than a year earlier. Domestic sales prices increased by 1.2 percent and export sales by 4.0 percent, the...

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KSH: Unemployment is at 4.2 percent, 210,000 people are without work

In August 2024, the average number of employed persons aged 15-74 increased by 39,000 compared to the same period of the previous year, to 4,748,000. The number of unemployed was...

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MNB: inflation continues to slow down in September

August’s 3.4 percent inflation met the central bank’s expectations, September’s figure is expected to be 3.1 percent, a slight increase is expected in the rest of the year, a rate...

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The OECD improved its global growth forecast for this year

The Paris-based Organization for Economic Co-operation and Development (OECD) slightly improved its global growth forecast for this year in its forecast released on Wednesday compared to its previous estimate in...

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The wealth of the richest people may explode in a way that is hard to grasp with common sense

Tremendous amounts of money will pour into private bank accounts in the next five years, the size of managed assets will exceed HUF 20,000 billion by 2028 after 8,575 billion...

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The ifo German business sentiment index deteriorated in September

Due to the deteriorating perception of the current situation, the September German business sentiment index of the ifo economic research institute was significantly below expectations. According to the ifo Institute...

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MBH Investment Bank currency analysis: the forint may strengthen in the short term

According to the latest analysis of the MBH Investment Bank, the Hungarian forint may gradually strengthen against the euro for the rest of the year. The analysis team used the...

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Brexit – Study: British trade with the EU fell sharply

The value of bilateral trade between the European Union and Great Britain has fallen sharply since the termination of British EU membership (Brexit), according to a comprehensive study presented on...

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Hungarian Consumption Expected to Recover by 2025

The Hungarian economy has experienced a challenging period over the past few quarters, characterized by declining household consumption and investment. However, according to a recent report by the Equilibrium Institute,...

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An autumn action plan is being prepared to support SMEs: automation and technological developments are the focus

Richárd Szabados, the newly appointed State Secretary of the Ministry of National Economy, announced that the programs of the autumn action plan aimed at the development of small and medium-sized...

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The effects of climate change are much more severe than we previously thought

This year’s summer and autumn broke heat records one after the other, and we all feel their harmful effects on our own skin. While in Hungary the drought has resulted...

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Conciliation Forum of Chambers of Commerce: SMEs become the focus of economic policy

On Tuesday, the Conciliation Forum of the Chambers of Commerce held its first autumn meeting, and overall its sixth meeting, which since its establishment in January 2023 – in addition...

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K&H: 100-year average result was surpassed: nice gains in the market

There is life beyond the safest investments. In the first eight months of this year, one of the most important American stock indexes, the S&P 500, gained 20 percent in...

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Mihály Varga: the prospects for the Hungarian economy are good

The prospects for the Hungarian economy are good, the current moderate economic growth is accelerating – said Minister of Finance Mihály Varga at the closing plenary session of the 62nd...

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KSH: retail turnover increased by 2.5 percent in July compared to the same period of the previous year

In July, according to raw data, the turnover volume of retail trade increased by 3.3 percent, adjusted for the calendar effect, by 2.5 percent compared to the same period of...

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NGM: the increase in retail turnover continued in July

The sales revenue of retail stores increased by 6.3 percent in one year, which still lags behind the significant nominal increase in wages. The slower growth of commercial turnover points...

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Slow growth in Europe, stagnation in Hungary: mixed picture in retail trade

The European retail turnover increased barely perceptibly compared to June, while stagnation is observed in Hungary, according to the latest Eurostat report. European Union data showed an increase of only...

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KSH: in the second quarter of 2024, according to raw data, the performance of the economy exceeded the same period of the previous year by 1.5 percent

The volume of Hungary’s gross domestic product in the second quarter of 2024 exceeded the same period of the previous year by 1.5 percent based on raw data, and 1.3...

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BMI: Permanent shrinkage in August

The seasonally adjusted August value of the Purchasing Manager Index (BMI): 47.6. Compared with the previous August values, this year’s value is lower than the long-term average for this month...

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Economic sentiment improved in the EU and the Eurozone in August

In August, the economic sentiment index in the Eurozone and the European Union improved compared to the previous month, according to a survey presented on Thursday by the European Commission’s...

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It is misleading to base economic development only on consumption

The one-sided use of consumption indicators, which are often used to measure economic development, can be misleading, especially if sustainability aspects are ignored, the Index article points out. Eurostat’s indicator...

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GKI: Is domestic consumption weak?

Some domestic economists are looking for explanations for the anomaly called the “consumption puzzle” by the Minister of National Economy. In other words: why does this year’s strong real wage...

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NGM analysis: Hungarians spend abroad and on online marketplaces

In the first half of 2024, the consumption habits of the Hungarian population underwent significant changes, which were primarily shaped by the inflationary crisis and the war environment. Despite the...

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