Tag "GDP"

KSH: the services and agriculture pulled last year’s GDP

The volume of gross domestic product (GDP) in last year’s quarter exceeded the previous year’s same quarter by 1.6 percent. The increase was primarily due to market-based services and agriculture...

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KSH: GDP rose by 2.0 percent in 2016

Hungary’s gross domestic product (GDP) in the fourth quarter of 2016 rose 1.6 percent last year, compared to the same period of the previous year. In 2016, GDP rose by...

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Home market still lead by Budapest, other areas catching up in commercial properties

In January 2017, the Budapest and the Hungarian real estate market indices of GKI-MGYOSZ stood at +4 and +2 points respectively. The index figure in Budapest was slightly up (within...

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Annual packaging barometer

Hungary’s packaging industry is an important one in Europe and it keeps developing. This year’s preliminary data are also positive, but the growth rate seems to have slowed down a...

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(HU) Fazekas: 2010 óta folyamatosan nő a magyar mezőgazdaság kibocsátása

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Analysts are surprised by the retail data

The 2.6 percent modest growth of retail sales is a negative surprise for the analysts, who expected 4.3 percent. The ten-month average is 4.8 percent. According to the report of...

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The agriculture and market services contributed most to GDP growth

According to the Minister of State of the Ministry of Agriculture, the agriculture and market services contributed to the 2 percent GDP expansion in the third quarter in the greatest...

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GDP grew by two percent in the third quarter

The gross domestic product (GDP) grew by 2.0 percent in the third quarter, compared to the same period of last year – the Central Statistical Office (KSH) announced its first...

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Pénzügykutató: Economic growth may accelerate next year

In its latest forecast presented on Monday, the Pénzügykutató Zrt. forecasts a 2.2 percent GDP growth for this year and a 3.0 percent growth for next year, after last year's...

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Kopint-Tárki: GDP may grow by 2.2 this year and 2.7 percent next year

According to the lastest forecast of the Kopint-Tárki Zrt., the Hungarian economy may grow by 2.2 this year and by 2.7 percent next year. The government deficit this year may...

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GDP grew by more than three percent last year

Last year, the GDP was 33 999.0 billion HUF. Calculated at constant prices GDP increased by 3.1 percent compared to the previous year, while the deficit of the governmental sector...

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GKI: balance-worsening changes are about to start

This year’s economic growth is slower than last year’s 2.9-percent expansion, due to less funding from the EU and fewer government investments. Just like in the 1st quarter of the...

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Prosperity is magnetic

The population of the United Kingdom is 64.1 million and the employment rate is 52 percent. Economic growth was 2.8 percent in 2014 and 2.2 percent in 2015. Per capita...

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Equilor: the growth of the Hungarian economy may fall short of the government's ambition

According to Equilor’s analysts, this year's growth of the Hungarian economy may fall short of the government's ambition, and is expected to be 2 percent – Szántó András, director of...

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Analysts: investments are needed to achieve higher growth

On the basis of the detailed GDP figures this year’s economic growth may be even more favorable than the analysts' expectations – according to analysts interviewed by MTI, who also...

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KSH: GDP increased by 2.6 percent in the second quarter

The volume of the gross domestic product grew by 2.6 percent in the second quarter, compared to the same period of last year. According to the seasonally and calendar adjusted...

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Slowdown in GDP growth in the euro area

In the second quarter, GDP growth slowed in the euro zone and in the European Union – according to the report of Eurostat published on Tuesday. According to the third...

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(HU) GKI: Gyorsuló, de szerény növekedés

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The Hungarian growth is not enough to catch up

The growth of the gross domestic product (GDP) in the second quarter of 2016 surprised the analysts, but the 2.6 percent growth indicator is deceiving. If it is cleaned off...

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The Hungarian economy increased better-than-expected

In the second quarter the gross domestic product (GDP) increased by 2.6 percent compared to the same period of the previous year after a 0.9 percent rise in the first...

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Analysts: the better than expected GDP data can improve the economic performance of the entire year

The growth of the gross domestic product (GDP) in the second quarter was significantly higher than the expectations of the analysts, so the average performance of this year can be...

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The world's largest economy is in good shape

US gross domestic product increased with a higher-than-expected pace in the first quarter – according to the report of the Bureau of Economic Analysis (BEA) the Statistical Office of the...

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Savings Bank: next year Hungary's GDP may expand by 3.3 percent

After the temporary slowdown of this year (2.1 percent economic growth), the economy may grow by 3.3 percent next year – according to the Hungarian Savings Bank’s quarterly forecast. According...

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Századvég: economy may expand by 2.1 percent this year and 3.2 percent next year

According to the forecast of the Századvég Gazdaságkutató Zrt., the Hungarian economy in 2016 will expand by 2.1, while in 2017 by 3.2 percent. Expansion this year may grow mostly...

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KSH: trade and catering increased the GDP in the first quarter

The volume of gross domestic product in the first quarter was 0.9 percent higher than in the previous year. The market services increased slightly, while the industry slightly reduced and...

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GKI: slowing growth, accelerating consumption

In the first quarter, only the Greek growth was worse than the Hungarian growth. Due to the worse than expected data the GKI modified this year’s growth forecast from 2.3...

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Analysts: the GDP data caused a negative surprise

The analysts evaluated the 0.9 percent GDP growth of the first quarter (compared to the same period of last year) as a negative surprise. Virovácz Péter, ING’s macro analyst said...

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Hungarian economy slowed

In the first quarter gross domestic product (GDP) increased by 0.9 percent compared to the same period of the previous year – was based on an initial estimate by the...

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The government expects a GDP growth above 3 percent until 2020

In its fiscal outlook for the years 2018-2020, the government expects a GDP growth over 3 percent and 0.9 percent inflation in 2017. The government expects 2.4 percent inflation in...

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GKI: the economy is slowing down

The growth figures in the beginning of the year indicate a slowdown in the Hungarian economy. GKI’s GDP forecast remained unchanged: after the 3.7 percent growth of 2014 and last...

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