Tag "gazdaság"
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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In August, the economic index of GKI did not change
According to a survey conducted by GKI Gazdaságkutátó – with the support of the EU – in August, the prospects of the business sector worsened only within a margin of...
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The growth of economic activity in the Eurozone accelerated in August
Instead of the expected moderate slowdown, the growth of economic activity in the Eurozone accelerated overall in August, according to the preliminary values of the joint survey of the London-based...
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Moody’s confirmed MBH Bank’s recommended investment rating
With a stable outlook, Moody’s Investors Service confirmed MBH Bank’s recommended investment ratings: among other things, its long and short-term bank deposit ratings, as well as its senior unsecured MTN...
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The annual decline in producer prices slowed down in Germany in July
In Germany, producer prices fell by 0.8 percent in July compared to a year earlier, which is a slowdown after the previous month’s 1.6 percent year-on-year fall, but it was...
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KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2 percent, or 3.7 percent less than a year earlier, adjusted for the working day effect. The significant difference compared to...
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In the second quarter, GDP grew by 0.3 percent in the euro area and in the EU on a quarterly basis
In the second quarter of this year, with a seasonal adjustment, the gross domestic product (GDP) increased by 0.3 percent compared to the first quarter in both the euro area...
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In the OECD, the real income of the population increased by 0.9 percent in the first quarter
In the countries of the Organization for Economic Co-operation and Development (OECD), the real household income increased by 0.9 percent in the first quarter of this year compared to the...
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July inflation in Hungary was higher than expected
Against our expectation of 4.0%, the annual rate of inflation rose to 4.1% in July, following the 3.7% annual increase in June. Compared to the previous month, the price of...
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NGM: in accordance with market expectations, inflation remains at a low level
Based on the latest data from the Central Statistical Office, the rate of inflation reached 4.1 percent on an annual basis in July 2024, which is favorable in line with...
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Gergely Fábián: peace is needed to restore the performance of industry
According to the State Secretary responsible for industrial policy and technology of the Ministry of Economy, peace is needed to restore the performance of industry, the ministry told MTI on...
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The Hungarian economy faces challenges: slow consumption growth and question marks
The growth of the Hungarian economy has faced many challenges in recent months, especially in terms of retail sales. Despite the fact that real earnings are constantly increasing, consumption is...
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KSH: in June, retail turnover increased by 2.6 percent compared to the same period of the previous year, and decreased by 0.1 percent compared to the previous month
In June 2024, according to the raw data, the volume of retail trade increased by 1.7 percent, adjusted for calendar effects by 2.6 percent compared to the same period of...
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NGM: consumption expansion has been unbroken for the sixth month, with another significant increase in retail sales in June
Based on the latest data from the Central Statistical Office, the volume of retail trade increased by 2.6 percent in June 2024 compared to the same period of the previous...
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Retail sales in the euro area decreased in June
In both monthly and annual comparisons, retail sales in the euro area decreased in June. According to data published on Tuesday by Eurostat, the statistical office of the European Union,...
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Hungarian businesses do not innovate due to a lack of capital
55 percent of domestic enterprises did not introduce an innovation process in the last two years, the main reason for which was the lack of capital, according to a recent...
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KSH: The volume of exports of food, beverages and tobacco increased by 20 percent, while imports increased by 6.6 percent
In May, the product foreign trade surplus was 1.0 billion euros, the balance worsened by 218 million euros compared to a year earlier. Compared to April, the adjusted volume of...
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