Tag "GDP"
Zoltán Pogátsa: The government was only able to help in one area
Date: 2023-08-17 20:03:07
Economist Zoltán Pogátsa was not surprised to see the recent, not very favorable GDP data, but at the same time he has no idea what the future of the Hungarian...
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Experts for VG: there is less and less chance of growth this year
Date: 2023-08-16 13:48:54
For the fourth consecutive quarter, Hungary’s GDP has declined, and the annual decline is worse than expected. Experts have indicated that there is a diminishing likelihood of growth in Hungary...
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GDP decreased by 2.4% in the second quarter
Date: 2023-08-16 13:05:51
In the second quarter, the domestic GDP decreased by 2.4%, while seasonally and adjusted for the effect of working days, the decline was 2.3%. Compared to the previous quarter, the...
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Euro zone inflation slowed down in July
Date: 2023-07-31 12:20:22
In July, inflation in the euro zone slowed down to the extent expected by the market, based on Monday’s report by Eurostat, the statistical office of the European Union. According...
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Eurozone GDP grew more than expected in the second quarter
Date: 2023-07-31 12:16:23
In the second quarter, the gross domestic product (GDP) in the euro area increased slightly more than expected, both quarterly and annually, based on Monday’s report by the statistical office...
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Márton Nagy: Hungary welcomes investors from all over the world
Date: 2023-06-07 11:06:30
Hungary’s economy is open, it welcomes investors from all over the world – said the Minister of Economic Development at the Mathias Corvinus Collegium (MCC) Budapest Peace Forum conference on...
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GKI: What did (re)industrialization achieve in the light of the development of foreign trade?
Date: 2023-06-06 13:46:34
Hungary’s foreign trade balance in goods showed a record loss in 2022 (-8.6 billion euros) according to the KSH, while according to the MNB the deficit was almost -15 billion...
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GKI: A korábbi laza költségvetések árát fizetjük meg most
Date: 2023-06-01 13:26:18
Government spending in recent years was initially aimed at mitigating the harmful economic effects of the COVID-19 epidemic, and then the stated goal became the forced acceleration of growth. If...
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EU forecast: prospects for the European economy are improving
Date: 2023-05-15 12:11:48
Despite the persistently challenging global environment, economic prospects are improving, the European economy continues to show resilience, the European Commission wrote in its spring economic forecast published on Monday. Economic...
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Magyar Bankholding: A positive turn in the economy is expected from the second quarter of the year
Date: 2023-04-18 10:54:44
A positive turn can be expected from the second quarter of 2023: the Hungarian economy may once again be on the path to growth, consumption may gradually improve, and inflation...
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The EU is tightening up: it is no longer enough for companies to “look green”
Date: 2023-03-17 11:50:28
Analysis of BDO Magyarország’s ESG business on changes affecting the field of sustainability. The EU’s expectations in the field of sustainability (ESG) are apparently getting stricter in line with this,...
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From now on, a regulation requires the reduction of the amount of greenhouse gases entering the air
Date: 2023-03-15 12:00:44
At the plenary session in Strasbourg, the European Parliament adopted the revised rules of the joint commitment regulation, which obliges all member states to annually reduce the amount of greenhouse...
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Consumer demand remained balanced, and Fitch upgraded its global economic growth forecast for this year
Date: 2023-03-13 11:17:10
The international credit rating agency Fitch Ratings has upgraded its forecast for this year’s global economic growth, based on the positive impact of the lifting of Chinese coronavirus restrictions and...
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GFM: the daily fee for tax-free domestic postings will increase by three times, and the daily fee for foreign postings will increase by almost two times
Date: 2023-03-13 07:46:44
From the point of view of the national economy as a whole, the government attaches great importance to the logistics and road transport sector, which is an important and unavoidable...
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Eurozone GDP stagnated in the fourth quarter
Date: 2023-03-08 11:10:07
The gross domestic product stagnated in the fourth quarter of the euro area compared to the previous quarter, the statistical office of the European Union, Eurostat, announced on Wednesday. According...
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We told you so – economic perspectives in 2023
Date: 2023-02-26 15:23:17
When I had a conversation with executives last autumn, many of them were afraid that the then 3.5% unemployment will go up to 10%, and that the inflation rate will...
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In the fourth quarter, the GDP of the Eurozone rose against expectations
Date: 2023-01-31 11:42:39
In the fourth quarter of 2022, seasonally adjusted GDP increased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to a...
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PM: next year, the Hungarian economy may grow above 4 percent again
Date: 2023-01-27 10:51:02
Thanks to the stability-strengthening measures, the Hungarian economy can avoid recession this year and grow above 4 percent again next year, said Finance Minister Mihály Varga at the event of...
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Márton Nagy: inflation may be in the single digits by the end of the year, the economy may pick up again next year
Date: 2023-01-26 12:13:52
Hungary can avoid recession this year with a GDP expansion of 1.5 percent, and inflation may again be in single digits by the end of the year; In 2024, the...
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Magyar Bankholding: Economic performance may start to increase this year
Date: 2023-01-25 12:37:08
By the end of 2023, inflation may be in the single digits, the annual average is expected to be around 17.5 percent, according to Magyar Bankholding’s recent macroeconomic analysis. The...
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Atradius: a new type of crisis and recession is expected in the Hungarian economy next year
Date: 2022-10-07 09:10:59
In its usual autumn analysis, credit insurance company Atradius expects the domestic economy to shrink by 2023. According to the study, Hungarian GDP will still be positive this year, but...
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China has not been in such trouble for decades
Date: 2022-08-19 10:49:29
There are more and more signs that this year China will not be able to meet the GDP growth rate set for this year by the leadership in Beijing, which...
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Romanians’ GDP lags behind Hungarian growth
Date: 2022-08-18 08:34:44
In Romania, the economy expanded by 5.3 percent in the first half of this year, both in terms of raw and seasonally and calendar-adjusted values compared to the same period...
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Analysts did not expect such a level of GDP growth either – this could be the reason
Date: 2022-08-17 10:18:22
As we wrote about earlier, domestic GDP increased by 6.5% in the second quarter, while it expanded by 1.1% compared to the first quarter. All of this exceeded not only...
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KSH: GDP increased by 6.5 percent in the second quarter
Date: 2022-08-17 08:51:30
In the second quarter, the gross domestic product (GDP) increased by 6.5 percent compared to the same period of the previous year. Compared to the previous quarter, the performance of...
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Eurozone GDP growth in the second quarter was better than expected
Date: 2022-07-29 11:10:11
In the second quarter, economic growth in the Eurozone was better than expected, based on the first estimate published on Friday by Eurostat. Eurozone’s gross domestic product (GDP) expanded by...
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The IMF forecast is out: GDP growth could be 2.5% this year and 1.4% next year
Date: 2022-07-26 13:37:54
The International Monetary Fund revised its global growth forecast slightly downwards in a recent publication. The latest edition of the World Economic Outlook shows that the IMF does not expect...
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KSH: in May, the average gross salary was 495,900 HUF
Date: 2022-07-25 09:15:40
The gross average earnings of part-time employees was HUF 495,900, 14.9 percent higher than a year earlier, and the net average earnings, calculated taking into account discounts, rose by 15.6...
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The performance of the American economy decreased in July
Date: 2022-07-22 11:05:22
The performance of the American economy decreased in July based on the preliminary evaluation of the purchasing manager index of the S&P Global Market Intelligence economic research institute. In the...
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KSH: GDP last year also exceeded the pre-pandemic level
Date: 2022-07-20 11:40:16
Hungary’s gross domestic product (GDP) was higher last year than the year before the coronavirus pandemic, the Central Statistical Office (KSH) announced on Wednesday, in connection with its publication “Hungary,...
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