Tag "gazdaság"
It will soon become clear whether the mandatory actions made sense
In the next few days, a number of important economic data will be published in Hungary. On Tuesday, a quick information on the situation of the central subsystem of the...
Read more
FAO Cereal Supply and Demand Brief
FAO’s forecast for world cereal production in 2023/24 has been raised marginally and now stands at 2 841 million tonnes, marking a 1.1 percent (32 million tonnes) rise from the previous year’s level....
Read more
The economic performance of the euro area increased in March
The composite Purchasing Managers’ Index (BMI), which measures the performance of manufacturing and service industries in the euro area, increased to 50.3 points from 49.2 points in February, exceeding the...
Read more
KSH: in February, the product foreign trade surplus was 1.7 billion euros
In February, the value of exports calculated in euros was 2.4, and that of imports was 12 percent less than in the same period of the previous year. The product...
Read more
In Russia, the growth of retail sales accelerated and unemployment decreased in February
In Russia, retail sales growth accelerated on an annual basis in February as unemployment fell to a historic low. The Russian statistics office said that the growth of retail sales...
Read more
The unemployment rate rose to 4.7%
In the three months between December 2023 and February 2024, the number of employed people (age group 15-74) was 4,721,000, 31,000 more than a year earlier. The number of people...
Read more
GKI expects slower growth, higher inflation and a larger public budget deficit than the government thought
The Hungarian economy entered a protracted recession in 2023, while inflation decreased significantly by the end of the year. There was a very favorable turn in the external balance, but...
Read more
Increasing company founding activity in the shadow of rising new procedures
There was a definite increase in the willingness to start a business in February. The number of terminations decreased seasonally. The number of companies has been decreasing for the sixth...
Read more
In March, the GKI economic index rose by 3 points
According to a survey conducted by the GKI Gazdaságkutató – with the support of the EU – in March, the business world and the population reported slightly more favorable prospects...
Read more
Márton Nagy: the growth of the Hungarian economy at around 4 percent is sustainable
The government expects an economic growth of between 2-3 percent this year, but growth of around 4 percent is achievable and sustainable in the long term in 2025, said the...
Read more
MNB: Hungary’s competitiveness in the EU ranking has deteriorated
Hungary’s competitiveness fell two places in 2023 compared to the previous year, and slipped back to 19th place out of the 27 EU countries, according to the central bank’s 2023...
Read more
A slow recovery awaits the Hungarian economy
This year, the Hungarian economy started to grow after last year’s decline. However, the speed of recovery is expected to be lower than previously hoped due to the lingering effect...
Read more
In the OECD, food inflation slowed down in January
In the countries belonging to the Organization for Economic Co-operation and Development (OECD), the annual growth of consumer prices slowed to an average of 5.7 percent in January from 6...
Read more
Retail turnover increased in the euro area and the EU
Compared to the previous month, retail sales in the euro area and the European Union increased in January, but decreased year-on-year. The statistical office of the European Union, Eurostat, announced...
Read more
In January, retail sales in Romania increased by 6.6 percent
Based on raw data, retail sales in Romania increased by 6.6 percent year-on-year in January, the National Institute of Statistics (INS) announced on Wednesday. The calendar-adjusted data show a 5.1...
Read more
Many risks are visible in the economy
According to the current prospects, the annual average annual inflation this year may be 4.2 percent, but many risks must be taken into account. For example, with the forint, which...
Read more
NGM: recovery of consumption continues, retail turnover in January 2024 increased by 0.6 percent compared to the same period of the previous year
Based on the data of the Central Statistical Office (KSH), the volume of retail trade increased by 0.6 percent in January 2024 compared to the same period of the previous...
Read more
K&H: This is how large companies see the state of the economy
According to almost half of the large domestic companies, the economy could be even weaker in one year’s time, according to the latest results of the K&H large company growth...
Read more
NGM: the weakness of foreign markets is hindering the recovery of industrial performance
According to the data of the Central Statistical Office (KSH), industrial performance decreased by 3.6 percent on an annual basis in January 2024, while a decrease of 1.1 percent was...
Read more
The Geo Terroir research group was established to help the development of domestic agriculture, food industry and tourism
The Geo Terroir research group, which helps the development of domestic agriculture, food industry and tourism, was established at the University of Szeged with the cooperation of specialists from several...
Read more
Revolut offers a deposit, but it remains outside the protective umbrella of the Hungarian deposit guarantee
Revolut Bank, based in Lithuania and operating as a cross-border service provider in Hungary, has started actively collecting deposits, but it still does not apply for a Hungarian subsidiary bank...
Read more
Producer prices decreased in January in the euro area and in the EU on a monthly and annual basis
Producer prices fell in January in the euro area and in the European Union, both monthly and year-on-year, according to a statement released on Tuesday by Eurostat, the EU’s statistical...
Read more
EMIH – Hungarian Jewish Association bought a milk processor
Alföldi Garabonciás Kft. was purchased by EMIH – Hungarian Jewish Association. In addition to the successful operation of the milk processing plant, their goal is to provide Jewish communities with...
Read more
KSH: In the fourth quarter of 2023, the performance of the economy was unchanged
According to raw data, Hungary’s gross domestic product (GDP) did not change in the fourth quarter of 2023, but according to seasonally and calendar-adjusted and balanced data, it increased by...
Read more
BMI: Slight recovery in February
The seasonally adjusted February value of the Purchasing Manager Index (BMI): 52.2. Compared to the previous February values, this year’s value is lower than the long-term average for this month...
Read more
KSH: The volume of exports of food, beverages and tobacco is 5.0 percent higher than that of imports
In December 2023, the volume of exports decreased by 8.4 percent and that of imports by 0.8 percent compared to the same period of the previous year. The foreign trade...
Read more
MLBKT: the purchasing manager index strengthened in February
The seasonally adjusted February value of the purchasing manager index (BMI) improved to 52.2 points from the value of 50.1 points in January; in February, the respondents reported a moderate...
Read more
NGM: tourism is increasingly helping to restore economic growth
In January, the turnover of tourist accommodation increased by 11 percent, the performance of the sector in January surpasses the data of the record year 2019 before the war and...
Read more
The economic mood in the EU and the Eurozone deteriorated in February
The economic sentiment index deteriorated in the euro area and the European Union in February, according to a survey presented on Wednesday by the European Commission’s Directorate General for Economic...
Read more
Hungary has been in the EU for 20 years: how have prices changed?
On May 1, 2004, ten new states joined the European Union, including Hungary. In our series of articles, we use one indicator to explore how the situation of our country...
Read more
