Tag "GDP"
Analysts: 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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(HU) GKI: Egyelőre viszonylag gyors a növekedés
Sorry, this entry is only available in HU....
Read moreThe IMF has improved the Hungarian GDP growth forecast
The International Monetary Fund (IMF) has improved the Hungarian GDP growth forecast for this and the next year in its spring forecast for the world economy. According to the World...
Read moreThe Takarékbank raised its GDP growth forecast to 4.5 percent this year
Partly due to the projected effects and partly due to the further improving outlooks for the economy, the growth rate of the Hungarian economy may continue to accelerate this year,...
Read moreThe Pénzügykutató Zrt. improved its growth forecast this year to 3.9 percent
The Pénzügykutató Zrt. improved its growth forecast this year to 3.9 percent from the previously predicted 3.7 percent, and the momentum, albeit with a moderating dynamics will remain in 2019,...
Read moreAnalysts: economic growth structure can continue to improve this year
Market analysts expect the continuation of last year’s ongoing processes in the light of the detailed GDP data published on Tuesday. Consumption and investment growth will continue to be the...
Read moreThe economy grew by four percent last year
Hungary’s gross domestic product (GDP) increased by 4.0 percent in 2017 after the 2.2 percent of the previous year. The calendar-effect adjusted data doubled from 2.1 percent to 4.2 percent....
Read moreThe Hungarian economy grew by four percent last year
According to the raw data, the gross domestic product (GDP) rose by 4.4 percent in the fourth quarter of last year, compared to the same period of last year. According...
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Fidelity: International stock outlook: global recovery
It has been a banner year for US stocks, but internationally things have looked even better. International stocks, as measured by the MSCI All Country World Index (ex-US), were up...
Read moreNGM: growth in retail sales by the end of the year
Retail sales increases further in the last two months of the year, partly due to the spendings on holidays – Pomázi Gyula, Deputy Minister of State responsible for Industry Strategy...
Read moreGKI: Growth in consumption can accelerate the economy next year
The Hungarian economy is on the track indicated in September 2017. Economic growth will accelerate as a result of the start of EU subsidies and the accelerated consumption growth triggered...
Read moreKSH: Third-quarter GDP data rose to 3.9 percent
Referring primarily to the better-than-expected performance of market services, the Central Statistical Office (KSH) raised its third quarter growth data of the gross domestic product by 0.3 percentage points to...
Read moreKSH: GDP rose by 3.6 percent in the third quarter
The Gross Domestic Product (GDP) increased by 3.6 percent in the third quarter, compared to the same period of last year. Growth was 3.8 percent calendar effect adjusted, according to...
Read moreEquilor: 3.7 percent growth and 2.4 percent inflation is expected for this year
According to the analysts of the Equilor Befektetési Zrt. (Equilor Investment Ltd.) this year, 3.7 percent economic growth and 2.4 percent inflation are expected in Hungary, Szántó András, director of...
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GDP growth in the EU and the euro area accelerated in the second quarter
GDP growth in the EU and the euro area accelerated in the second quarter on quarterly base – according to not definitive figures. The European Union’s statistical office, Eurostat, said...
Read moreKSH: GDP grew 3.2 percent in the second quarter
The volume of the gross domestic product (GDP) in the second quarter was 3.2 percent higher than in the same period last year. According to seasonally adjusted and balanced data,...
Read moreThe GKI incresaed this year’s GDP projection
The growth of the Hungarian economic was lower in the second quarter than in the first quarter, but still exceeded the EU average and the spectacular growth in investments continued....
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