Tag "GDP"
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...
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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...
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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...
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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...
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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...
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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,...
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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,...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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(HU) Kirobbanó, 8,2%-os növekedés az első negyedévben
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(HU) Elemzők: több tényező segítette a gazdasági növekedést az első negyedévben
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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...
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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...
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Analysts: consumption may have significantly dragged GDP growth in the first quarter
In addition to wage increases at the beginning of the year, one-off benefits paid in February, low base data and gasoline tourism also contributed to inflation expectations in March, according...
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Economic growth in the euro area accelerated in April
Growth in the euro area’s economic performance accelerated in April, according to final data from the Purchasing Managers’ Index of the IHS Markit in London on Wednesday. In April, two...
Read moreThe Romanian government expects GDP growth of 2.9 percent this year
The Romanian government’s Economic Forecasting Committee has significantly reduced its forecast for this year, so it expects Romania’s gross domestic product (GDP) to expand by 2.9 percent instead of the...
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The Hungarian economy could grow by 5.9 percent this year
The Russian-Ukrainian war is causing uncertainty, so the economy could grow by 5.9 percent this year, which is only 0.1 percentage points lower than previously forecast, Suppan Gergely, Head of...
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Quarterly economic growth slowed in both the euro area and the EU
Quarterly economic growth slowed, but the annual pace accelerated in both the euro area and the EU in the first quarter, according to a preliminary report by Eurostat, the European...
Read moreKopint-Tárki slightly worsened its GDP growth forecast for this year
Kopint-Tárki has moderately reduced its GDP growth forecast for this year by 1 percentage point, from 5.0 percent at the end of last year to 4.0 percent, CEO Palócz Éva...
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Analysts: Retail sales increased above expectations
The volume of retail sales increased more than expected in February compared to the same period of the previous year, analysts commented on the latest report of the Central Statistical...
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(HU) Nagy visszaesést hozott a háború GDP tekintetében
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Coface: Economy under double press: Russian-Ukrainian crisis could lead to stagflation
The escalation of the conflict in Ukraine and the invasion of the latter by the Russian military on 24 February has triggered turmoil in the financial markets, and drastically increased...
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