Tag "GDP"
Euro area GDP growth is on a four-year low
In the fourth quarter of last year, economic growth in the euro area stagnated at a four-year nadir, according to a preliminary estimate of the European Union’s Statistical Office, Eurostat,...
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The gap between the wealthiest and the poorest EU member states declined but remains huge
Although last year, as in previous years, the gap between the richest and poorest countries in the European Union, Luxembourg and Bulgaria has became somewhat smaller, but there is still...
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(HU) GKI Gazdaságkutató Zrt. részletes előrejelzése 2018-19-re
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Read moreGDP grew 5.2 percent in the third quarter even better than the preliminary data
Gross domestic product (GDP) was 4.9 percent higher than in the same period of the previous year in the third quarter. According to the seasonally and calendar effect adjusted data,...
Read moreGKI raised its GDP forecast to 4.5 percent this year
After the third quarter’s 4.8 percent increase, which is one of the fastest growth in the EU, GKI has raised its forecast for GDP this year, from 4.2 to 4.5...
Read moreCIB Bank: economic growth may slow next year
GDP grew by 4.7 percent in the first half of the year, and this pace will hardly moderate for the rest of the year, so in 2018, economic growth may...
Read moreOECD: Hungarian GDP may increase by 4.6 percent this year
According to the OECD projections, Hungarian GDP growth rises to 4.6 percent this year from last year’s 4.4 percent. The previous forecast predicted 4.4 percent. For the next year, the...
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Rapid growth this year, slowing down next year
While most forecasts say growth is going to be at 4-4.5 percent this year, for next year experts foresee a 3-3.5 percent growth – with the exception of the Hungarian...
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GDP growth in the euro area continued to slow down in the third quarter
In the third quarter, GDP growth in the euro area continued to slow down, compared to the previous quarter – according to the second estimate of the European Union’s statistical...
Read moreAnalysts: third quarter GDP data exceeded expectations
Unlike analysts’ expectations, the growth of the Hungarian economy in the third quarter increased further, with surprises coming from agriculture, construction, investment and services – analysts told MTI, who commented...
Read moreThe Hungarian economy was strong in the third quarter
According to the raw data, Hungary’s gross domestic product (GDP) increased by 4.8 percent in the third quarter of this year, compared to the same period of the previous year....
Read moreIMF has improved the Hungarian GDP growth forecast for 2018 and 2019
The International Monetary Fund (IMF) has improved its GDP growth forecast for this year and the next year in its autumn global economic forecast. According to the World Economy Outlook,...
Read moreGrowth in 2017 was driven by consumption and investment
Last year, household consumption and investments pushed the economy’s growth, while net exports detracted performance – Németh Dávid senior analyst at K & H Bank commented the latest economic growth...
Read moreEquilor: GDP growth continues to accelerate this year
According to the analysts of the Equilor Investment Ltd., the dynamic growth of the Hungarian economy will continue this year, but the dynamics of the economy may slow down next...
Read moreKSH: GDP increased by 4.8 percent in the second quarter
Gross domestic product (GDP) became 0.2 percentage points better than in the previously expected 4.6 percent in the second quarter, compared to the same period last year, according to the...
Read moreAnalysts: The KSH announced a better than expected GDP data
The growth of the gross domestic product (GDP) in the second quarter has surpassed analysts’ expectations. Although the seasonally and calendar-effect adjusted figures mainly indicate the maintaining of pace and...
Read moreKSH: economy increased by 4.6 percent in the second quarter
According to the raw data, Hungary’s gross domestic product (GDP) increased by 4.6 percent. According to the seasonally adjusted and balanced data, a 4.4 percent increase occured in the second...
Read moreThe European Commission expects a 4 percent growth in Hungary for 2018 and 3.2 percent for 2019
The European Commission improved its prognosis for the growth in Hungarian gross domestic product (GDP), which is expected to grow by 4 percent in 2018 and by 3.2 percent in...
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In the first quarter, euro area and EU GDP growth slowed down
According to Eurostat’s statistical data released on Thursday, according to the preliminary data, economic growth in both the euro area and the EU slowed down as a result of the...
Read moreThe Savings Bank has improved its GDP forecast
Takarékbank’s analysts have slightly increased their forecast for GDP growth this year, from 4.5 percent to 4.6 percent – basically on the basis of boosting investment – Suppan Gergely, senior...
Read moreAnalysts: growth can be higher than expected all year
The growth of Hungary’s GDP in the first quarter was slightly higher than expected. As a result the Takarékbank and ING Bank have already upgraded their growth expectations for the...
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Luxembourg is the richest, Bulgaria is the poorest country in the EU
Although somewhat reduced, there is still a huge difference between the richest and poorest countries in the European Union, between Luxembourg and Bulgaria. In terms of purchasing power parity, the...
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Consumption is growing rapidly this year too
GKI Economic Research Zrt. has increased its growth forecast from 3.8 percent to 4 percent for 2018. In March the growth in industrial production slowed down: while in the first...
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The euro area’s economy has lost momentum
In May, the growth rate of economic performance in the euro area slowed down to the level of 18 months before, according to the survey published by the IHS Markit...
Read moreVarga Mihály: economic growth of around 4 percent is expected in the next one and a half years
An economic growth of around 4 percent is expected in the next one to one and a half years – Finance Minister Varga Mihály said at the Business Forum of...
Read moreKSH: GDP grew by 4.4 percent in the first quarter
In the first quarter, gross domestic product (GDP) grew by 4.4 percent. Seasonally and calendar effect adjusted, the growth was 4.7 percent, compared to the same period of the previous...
Read moreAnalysts: household consumption will persistently remain the driving force of economic growth
Household consumption remains the driving force behind economic growth, coupled with the added value of services on the production side. Market analysts commenting on the CSO report on Tuesday’s GDP...
Read moreServices, consumption and investment have led the economy
The volume of gross domestic product (GDP) was 4.4 percent higher than the one-year-earlier figure in the first quarter. The 4.9 percent growth of services, the 5.0 percent growth of...
Read moreOECD improved the Hungarian growth projection
The Organization for Economic Co-operation and Development (OECD) has improved its forecast for growth of the Hungarian economy in its most recent Wednesday publication called “Perspectives of the economy”. The...
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