Tag "GDP"
Analysts: 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...
Read moreSavings Bank: private consumption can be the engine for economic growth
The Savings Bank analysts say that the GDP in 2015 will increase by 3.3 percent in Hungary, while they believe that inflation will be higher than expected, an annual average...
Read moreOnly three EU Members consume less than Hungary
Hungary's GDP per capita is the fifth lowest in the European Union – according to Eurostat’s report that was published yesterday. In personal consumption Hungary is even further back, since...
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The GDP of the EU and the Euro Zone grew by 0.4 percent in the first quarter
The seasonally adjusted gross domestic product (GDP) both rose by 0.4 percent in the European Union's 28 member states and in the Euro Zone’s 19 countries in the first quarter,...
Read moreKSH: the Hungarian economy grew faster in the first quarter than predicted
In the first quarter, Hungary's gross domestic product (GDP) increased by 3.5 percent, and was 0.8 percent higher than in the previous quarter – Central Statistical Office (KSH) reported in...
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KSH: GDP grew by 3.4 percent in the first quarter
Hungary’s gross domestic product (GDP) grew by 3.4 percent in the first quarter, compared to the same period of the last year – the Central Statistical Office (KSH) announced its...
Read moreEquilor: 3.1 percent GDP growth for this year and 2.7 percent GDP growth for the next year
The Equilor Befektetési Zrt. investment company amended this year's gross domestic product (GDP) growth forecast upwards, from 2.7 percent to 3.1 percent for this year. The company expects a 2.7...
Read moreThe government raised its GDP forecast for 2015 to 3.1 percent
The government raised the expected economic growth forecast to 3.1 percent from 2.5 percent – Banai Péter Benő, Minister of State of the Ministry of National Economy (NGM) told M1...
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Improving exchange rates in foreign trade, but domestic capital is still in waiting
According to a forecast by GKI Economic Research, despite that the Hungarian GDP grew rather rapidly at 3.5 percent last year, a slowing down commenced already in the 3rd quarter...
Read moreMorgan Stanley: household consumption is the engine of the Hungarian economy
The GDP can grow by 3.5 percent this year in Hungary, after last year's 3.6 percent, Morgan Stanley’s recent analyst predicts that the increase is mainly supported by the domestic...
Read moreKopint- Tárki: GDP may increase by 3.2 percent this year and by 2.2 percent in 2016
The gross domestic product (GDP) can increase by 3.2 percent this year and by 2.2 for the next year – according to the forecast of the Kopint-Tárki Economic Research Institute,...
Read moreGKI forecasts slower growth
In 2014, the performance of the Hungarian economy was much better than anticipated by anyone. Nevertheless, in a forward looking perspective, it did not reach a trajectory that ensures sound...
Read moreSavings Bank: GDP may expand by 3.2 percent this year
According to the analysts of the Savings Bank (TakarékBank), the Hungarian gross domestic product (GDP) may increase significantly this year, by 3.2 percent. The engine of growth will primarily be...
Read moreKSH: GDP grew by 3.6 percent in 2014
The Hungarian gross domestic product (GDP) increased by 3.6 percent last year, compared to the previous year – the Central Statistical Office (KSH) announced on Friday. According to seasonally and...
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An increase in the EU economy
The gross domestic product (GDP) increased by 0.4 percent in the fourth quarter of 2014 in the EU28 on a quarterly basis – according to the preliminary data of the...
Read moreAnalysts: the GDP data is surprisingly positive
Analysts polled by MTI assessed teh fourth quarterly GDP data as surprisingly favorable. The analysts also drew attention to the fact that such a high last-quarterly GDP growth occured in...
Read moreThe Coface is expecting a 2.3 percent GDP growth in Hungary
This year, a 2.3 percent GDP growth is expected in Hungary. The Hungarian economy is only moderately affected by the strenghtening of the Swiss franc, due to the fixing fixing...
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