Tag "GDP"

(HU) A negyedik negyedévben lassult a gazdasági növekedés üteme az euróövezetben és az EU-ban

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Preliminary GDP figures for the last quarter of last year are released

The first estimate of gross domestic product (GDP) in Q4 2021 can be counted on special attention in next week’s statistical information calendar, and the Central Statistical Office (KSH) publishes...

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Euro area GDP grew in line with expectations in the fourth quarter

In line with market expectations, euro area gross domestic product (GDP) rose by 0.3 percent from a quarter earlier in the fourth quarter of last year, according to a preliminary...

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Takarékbank revised its growth forecast for last year and this year downwards

Macroeconomic analysts at Takarékbank and the Magyar Bankholding have downgraded their GDP forecast for 2021 to 6.9 percent from 8 percent and this year’s growth forecast to 6 percent from...

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Raiffeisen: Hungarian economy could expand by 4.5 percent this year

The recovery of the economy may continue, this year the growth rate may exceed 4 percent in Europe and up to 4.5 percent in Hungary, the bank’s analysts said at...

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KSH: tourism’s direct contribution to GDP decreased in 2020

According to preliminary data, the share of activities typical of tourism in the gross output of the national economy fell to 5.1 percent in 2020, while in the year before...

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China’s GDP grew above expectations in the fourth quarter

Gross domestic product in China grew better than expected in the fourth quarter, compared to a year before, but at the same time the growth rate was the lowest for...

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The World Bank has improved its forecast for the Hungarian economy

The government is working to maintain its lead in relaunching the Hungarian economy and to keep the Hungarian economy on a dynamic growth path even in a slowing global economic...

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Kopint-Tárki revised its GDP growth forecast for this year downwards

Kopint-Tárki has revised its GDP growth forecast for this year down to 6.1 percent from 6.8 percent indicated in the autumn, CEO Palócz Éva announced at the online presentation of...

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The MNB has raised its inflation forecast for this year to 5.1 percent

The central bank has raised its inflation forecast for this year to 5.1 percent and lowered its GDP expectation to 6.3 – 6.5 percent, according to key figures in its...

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Euro area GDP grew at the same rate as in the second quarter

According to expectations, euro area gross domestic product grew at the same rate as in the second quarter, according to a report by Eurostat, the European Union’s statistical office. Eurostat...

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Analysts: retail started well in the fourth quarter

The higher-than-expected growth in retail sales in October marks an encouraging start to GDP growth in the fourth quarter, with the services sector remaining the only area to make a...

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Analysts: further slowdown in economic growth may come

Due to component shortages, the energy crisis and the fourth to fifth waves of the pandemic, analysts told MTI that a fear further slowdown in economic growth may occur. In...

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GKI consumer confidence index fell sharply in November

GKI’s economic sentiment index declined slightly in November. Business expectations continued to strengthen, whereas consumer ones weakened. According to a survey con-ducted by GKI with the support of the EU,...

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KSH: GDP grew by 6.1 percent in the third quarter

Gross domestic product (GDP) grew 6.1 percent year-over-year in the third quarter, up 0.7 percent from the previous quarter. In the first three quarters, the performance of the economy exceeded...

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Hungarian GDP grew by 6.1 percent on an annual basis

In the third quarter, Hungary’s gross domestic product (GDP) was 6.1 percent higher than a year earlier, according to raw and seasonally and calendar-adjusted data, the Central Statistical Office (KSH)...

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In the third quarter, euro area GDP grew by 2.2 percent on a quarterly basis

In the third quarter, euro area gross domestic product (GDP) grew by 2.2 percent from the previous quarter, according to a report by the European Union’s statistical office, Eurostat, on...

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Analysts: a substantial increase in retail sales is encouraging

Analysts reporting to MTI were positively surprised by the September retail sales figures, which suggest they could have a positive impact on third-quarter GDP data as well. According to a...

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Varga Mihály: the Hungarian economy may grow by 6.8 percent this year

Due to soaring energy prices, rising inflation and deteriorating virus situation, the Ministry of Finance (PM) expects 6.8 percent economic growth this year, lowering previous expectations, said Finance Minister Varga...

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Euro area GDP grew in excess of expectations in the third quarter

Euro area gross domestic product (GDP) grew at a faster pace in the third quarter than in the previous quarter and higher than market expectations, according to Eurostat’s first quarter-on-quarter...

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Kopint-Tárki expects much higher GDP growth, compared to its previous forecast

Kopint-Tárki expects a much higher GDP growth of 6.8 percent this year, instead of the 5-5.5 percent indicated in the summer, CEO Palócz Éva presented the research institute’s latest economic...

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Takarékbank has raised its GDP growth forecast for this year to 8 percent

Due to better-than-expected second-quarter GDP data, Takarékbank has raised its growth forecast from 7.7 percent to 8.0 percent this year and left it at 7.0 percent next year, the financial...

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(HU) Szeptemberben lassult az euróövezeti gazdaság teljesítményének növekedése

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KSH: per capita GDP in purchasing power parity was 22 thousand euros in 2020

Hungary’s gross domestic product (GDP) at current prices was 48,000 billion HUF in 2020, short of 11.5 billion HUF, and decreased by 4.7 percent at constant prices, compared to the...

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Pénzügykutató expects 6.5 percent economic growth by 2021

Pénzügykutató Zrt. expects economic growth to be more moderate than 7.6 percent in the first half of the year, only due to the higher base. On average for this year,...

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IfW has lowered its German GDP growth forecast for this year

The Institut für Weltwirtschaft (IfW), an economic research institute, has lowered its GDP growth forecast for Germany. According to a forecast published on the institute’s website on Thursday, researchers expect...

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Equilor: this year’s economic growth could be 6.5 percent

According to the latest analysis of Equilor Befektetési Zrt., GDP can be expected to grow by 6.5 percent this year as a whole, which may be followed by 4.5 percent...

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OECD: world’s gross domestic product has reached pre-crisis levels

Global gross domestic product has already reached pre-crisis levels in the second quarter of this year, according to the OECD. In its latest global economic growth forecast released on Tuesday...

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The Századvég Economic Research of the End of the Century revised its growth forecast upwards

In its latest forecast, the Századvég Economic Research has revised its expectations for economic growth upwards this year: it forecasts 7.8 percent GDP growth this year and 5.5 percent by...

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The euro area economy grew better than expected

Economic performance in the euro area grew more than analysts expected in the second quarter, according to a report by Eurostat, the European Union’s statistical office. Eurostat reported as final...

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