Tag "GDP"
KSH: Hungary's economic performance is in the midfield in the EU
The performance growth of the Hungarian economy continued in 2015. The gross domestic product (GDP) grew by 2.9 percent in 2015, compared to a year before. With this economic output...
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Economic growth is accelerating in Europe
This year’s first quarter growth rate was higher than in the previous quarter both in the European Union and in the Euro Zone – the European Union's statistical office, the...
Read moreThe Growth Loan Program is the engine of agriculture
The Hungarian National Bank’s (NBH) Growth Loan Programme (NHP) is behind the growth of Hungarian agriculture – according to the analysis of the Atradius credit insurance company. The market leader...
Read moreRaiffeisen: 2.2 percent economic growth and 0.5 percent inflation is expected this year
This year Hungary's GDP may expand by 2.2 percent, as the economy is in a growing pit, however, annual inflation will be only 0.5 percent – Török Zoltán senior analyst...
Read moreThe Pénzügykutató Zrt. expects a GDP growth of 2.3 percent for 2016
According to the Pénzügykutató Zrt., due to a decrease in investments a further decline will occur in the growth rate of the gross domestic product (GDP). The growth rate is...
Read moreSzázadvég: low inflation and an expanding economy may characterize the following two years
The Századvég Economic Research Inc. predicts that low inflation and an expanding economy may characterize the following two years: the Hungarian GDP can increase by around 2,4, percent in 2016...
Read moreAnalysts: GDP may increase above two percent this year
The increase in gross domestic product (GDP) this year may be over two percent – macroeconomic analysts told MTI who responded to the Central Statistical Office’s (KSH) data published on...
Read moreAnalysts: GDP growth beyond the expectations
The growth in gross domestic product (GDP) surpassed all analysts' expectations – according to macroeconomic analysts interviewed by MTI. In response to the Central Statistical Office’s (KSH) Friday published data,...
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We need to shift to innovation-driven economy
We need to shift to innovation-driven economy in the coming years. The industry should rely on knowledge, research and development, higher education and vocational education – the Minister of State...
Read moreKSH: the performance of the economy grew by 2.9 percent last year
Hungary's gross domestic product (GDP) grew by 2.9 percent in 2015, compared to the previous year. In the fourth quarter of 2015 the growth was 3.2 percent, compared to the...
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Analysts: real wages may rise by nearly 4 percent this year
Average wages grew by 5.3 percent in November last year. Without counting the public workers, the increase of gross and net wages was 6.1 percent. Compared to the October 2015...
Read moreThe chairman of the Fiscal Council expects a two-three percent increase in the future
The GDP growth can be close to 3 percent this year, in the future 2-3 percent annual economic expansion can be expected – Kovács Árpád, chairman of the Fiscal Council...
Read moreThe Kopint-Tárki expects a 2.9 percent growth for this year
The Kopint-Tárki modified its growth forecast for this year to 2.9 percent from the previously forecasted 3 percent. For next year, a slightly lower 2.4 percent of gross domestic product...
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KSH: GDP grew by 2.4 percent in the third quarter
In the third quarter the gross domestic product (GDP) rose by 2.4 percent, compared to the same period of last year – the Central Statistical Office (KSH) announced on Friday...
Read moreGKI: growth in the economy may be 2.7 percent this year and 2 percent next year
Compared to the previous month, the economic growth forecast of the GKI Economic Research Company has not changed: this year, the gross domestic product (GDP) is expected to increase by...
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GDP growth slowed in the euro area
The growth rate of gross domestic product (GDP) decreased in the euro area, while in the EU did not change in in the third quarter, compared with the previous three...
Read moreAnalysts: the slowdown in growth is appropriate to the expectations
The slowdown in economic growth in the third quarter is appropriate to the expectations – according to analysts polled by MTI, who expect a growth below 3 percent throughout the...
Read moreKSH: GDP grew by 2.3 percent in the third quarter
Hungary's gross domestic product (GDP) grew by 2.3 percent in the third quarter compared to the same period of the previous year – based on an initial estimate by the...
Read moreNGM: the slowdown in growth is due to the weaker performance of agriculture this year
The slowdown in GDP growth is due to the weaker agricultural performance this year, compared with last year, which is the result of the droughty summer and previous year's high...
Read moreConsumption has an increasing role in the expansion of GDP
In the 2015-2018 period consumption will have an important role in the expansion of the gross domestic product (GDP), while the contribution of the export to the GDP will decline...
Read moreGKI: economy is slowing, risks are strengthening
According to the GKI Gazdaságkutató Zrt. (GKI Economic Research Plc.), the Hungarian economy is on a slowing path and the risks are strengthening. The GKI Economic Research Plc. forecasts that...
Read moreThe MNB lowered its growth and inflation forecasts for this year
The Magyar Nemzeti Bank (Hungarian National Bank) slightly reduced its forecast for GDP growth this year. The Magyar Nemzeti Bank (Hungarian National Bank) expects a 3.2 percent GDP growth in...
Read moreSavings Bank: 3.1 percent GDP growth is expected this year
According to the analysts of the Savings Bank, this year3.1 percent gross domestic product (GDP) growth is expected, while 2.5 percent expansion is expected for the next year – Oszlay...
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FM: agriculture's second quarter weakness is due to individual effects
According to the Ministry of Agriculture, behind the second quarter’s weak agricultural performance individual effects can be found. The long-term prospects for the industry remain favorable. The Ministry of Agriculture...
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The rate of GDP growth decreased in the euro zone
According to the preliminary data, the rate of GDP growth decreased in the euro zone in the second quarter, compared to the previous quarter – Eurostat reported on Friday. According...
Read moreKSH: GDP grew by 2.7 percent in the second quarter
Hungary's gross domestic product (GDP) grew by 2.7 percent in the second quarter compared to the same period of 2014. The increase was primarily due to the expansion of the...
Read moreChinese economic growth is 7.0 percent again in Q2
Similarly to Q1 results Chinese GDP has grown 7.0 percent between April and June – Hungarian Central Statistical Office informed on Wednesday. Growth of the world's second largest economy slightly...
Read moreThe Kopint- Tárki expects a 3.2 percent growth and 0.5 percent inflation
The Kopint-Tárki Konjunktúrakutató Intézet Zrt. business climate research institute is expecting a 3.2 percent GDP growth and 0.5 percent inflation in its latest projection. Palócz Éva, chief executive of Kopint-Tárki...
Read moreThe MNB expects price increases and larger growth
The Monetary Council of the Magyar Nemzeti Bank, increased its expectations for GDP expansion by relation by 0.1 percentage points to 3.3 percent. The Hungarian National Bank (MNB) also increased...
Read moreGKI expects an around 2.7 percent GDP growth
The GKI Gazdaságkutató Zrt. Economic Research Company published its latest projection on Monday. According to the projection, the Hungarian economy will grow faster in 2015 than the EU average, which...
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