Tag "GDP"
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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KSH: The Hungarian economy grew by more than seven percent in the last quarter of last year
In the fourth quarter of last year, the volume of gross domestic product increased by 7.1 percent, compared to the same period of the previous year. Services contributed by 4.6...
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Agriculture was not great last year
It can be said that the Hungarian economy has split in 2021, which is no better shown than the fact that, according to the KSH, growth reached 7.1 percent last...
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Russia’s Ministry of Economic Development downgrades GDP growth forecast for this year
Russia’s Ministry of Economic Development has lowered its estimate of Russian GDP growth this year from 3.0 percent to 2.8 percent, Russian economic daily Vedomosti reported on Monday. According to...
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MNB: household savings increased in the fourth quarter of last year
Households’ net financial savings amounted to 905 billion HUF, or 5.8 percent of GDP, in the fourth quarter of last year, compared to 111 billion HUF in the third quarter...
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Pm State Secretary: Government measures have also contributed to the expansion of the Hungarian economy
The adaptability of economic actors and government measures also supported the growth of the Hungarian economy, the latter contributing more than 10 percentage points to gross domestic product in 2021,...
Read moreKSH: GDP grew by 7.1 percent in 2021 as a whole
Hungary’s gross domestic product (GDP) grew by 7.1 per cent in 2021 compared to the previous year, and by 2.1 percent in 2019, the Central Statistical Office (KSH) announced on...
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(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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