Tag "GDP"

We told you so – economic perspectives in 2023

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...

Read more

In the fourth quarter, the GDP of the Eurozone rose against expectations

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...

Read more

PM: next year, the Hungarian economy may grow above 4 percent again

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...

Read more

Márton Nagy: inflation may be in the single digits by the end of the year, the economy may pick up again next year

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...

Read more

Magyar Bankholding: Economic performance may start to increase this year

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...

Read more

Atradius: a new type of crisis and recession is expected in the Hungarian economy next year

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...

Read more

China has not been in such trouble for decades

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...

Read more

Romanians’ GDP lags behind Hungarian growth

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...

Read more

Analysts did not expect such a level of GDP growth either – this could be the reason

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...

Read more

KSH: GDP increased by 6.5 percent in the second quarter

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...

Read more

Eurozone GDP growth in the second quarter was better than expected

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...

Read more

The IMF forecast is out: GDP growth could be 2.5% this year and 1.4% next year

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...

Read more

KSH: in May, the average gross salary was 495,900 HUF

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...

Read more

The performance of the American economy decreased in July

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...

Read more

KSH: GDP last year also exceeded the pre-pandemic level

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,...

Read more

Magyar Bankholding expects inflation of 11.7 percent this year and 7.6 percent next year

In the coming months, inflation may rise to 11.7 percent this year, and fall to 7.6 percent next year due to price changes, the weakening of the forint, tax increases,...

Read more

GKI: Forecast for 2022

GKI has revised its growth forecast. For 2022, it raised its GDP forecast to 3.5-4 per cent from 2.5-3 per cent previously, and lowered its GDP forecast for 2023 to...

Read more

According to OTP analysts, the Romanian economy is expected to grow by 4 percent this year

Analysts at OTP Bank Romania say growth in the Romanian economy will slow this year due to high inflation, stagnant real wages, slowing global growth and the Russia-Ukraine conflict, but...

Read more

Economic growth in the euro area slowed in June

Growth in the euro area’s economic performance slowed more than expected in June, according to the preliminary value of the Purchasing Managers’ Index of the London-based IHS Markit economic research...

Read more

According to the World Bank, the Hungarian economy will expand by 4.6 percent this year

According to the World Bank, the Hungarian economy will expand by 4.6 percent this year, 3.8 percent next year, and 3.4 percent in 2024, according to the global economic forecast...

Read more

Euro area GDP grew faster than previously estimated

On a quarterly basis, euro area gross domestic product grew at a higher rate than in the preliminary estimate and in the previous quarter, according to a report by Eurostat,...

Read more

KSH: the performance of the economy increased by 8.2 percent in the first quarter

The volume of gross domestic product (GDP) in Hungary increased by 8.2 percent in the first quarter of 2022, compared to the same period of the previous year. According to...

Read more

(HU) Elemzők: a növekedés lassulása várható

Sorry, this entry is only available in Hungarian....

Read more

CIB: GDP could grow by 4-5 percent this year

The Hungarian economy may expand at a rate of 4-5 percent this year, despite the expected inflation rate of around 10 percent, a senior analyst at CIB Bank told at...

Read more

The Croatian economy grew by 7 percent in the first quarter

The performance of the Croatian economy grew by 7 percent in the first quarter compared to the same period last year, the Croatian Statistical Office (DZS) said on Friday, according...

Read more

GDP growth in OECD countries slowed in the first quarter

The gross domestic product (GDP) of the countries belonging to the Organization for Economic Co-operation and Development (OECD) grew by 0.1 percent in the first quarter, compared with the previous...

Read more

(HU) Kirobbanó, 8,2%-os növekedés az első negyedévben

Sorry, this entry is only available in Hungarian....

Read more

(HU) Elemzők: több tényező segítette a gazdasági növekedést az első negyedévben

Sorry, this entry is only available in Hungarian....

Read more

KSH: the economy grew by 8.2 percent in the first quarter

According to raw data, Hungary’s gross domestic product (GDP) grew by 8.2 percent in the first quarter, compared to the same period of the previous year, according to both calendar-adjusted...

Read more

Economic growth in the euro area was better than expected

Economic growth in the euro area performed better than expected in the first quarter, according to a flash estimate by the European Union’s statistical office. GDP growth exceeded the previous...

Read more
Oldal