Tag "GDP"

The IMF has improved the growth forecast for the Hungarian economy further for this year and next

The IMF has further improved Hungary’s forecast for economic growth for this year and for the next year. The International Monetary Fund (IMF) increased it to 4.9 percent for 2019...

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The OECD has improved its GDP growth forecast for Hungary for 2019 and 2020

GDP growth is slowing compared to last year, but Hungary’s economic growth this year and next year will be faster than previously expected, according to the latest OECD forecast released...

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KSH: economy continues to boost

Gross domestic product (GDP) grew by 5.0 percent in the third quarter, according to the raw data, and 4.8 percent in the third quarter compared to the same period last...

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The European Commission has revised its forecast for the Hungarian economy this year

The European Commission has revised its forecast for the Hungarian gross domestic product (GDP) growth, according to which economic growth is expected to be 4.6 percent this year, the third...

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The strengthening of the digital economy could increase GDP by 4,000 billion HUF in 2023

The rapid introduction of new technologies in the digital economy (5G, IoT, MI, blockchain) would increase Hungarian GDP by 4,000 billion HUF by 2023, according to a survey by the...

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GDP growth slowed down and inflation decelerated as well

he Hungarian economy increased outstandingly in the first half of 2019, by 5.1 per cent, the same rate as last year. Until now, this rate has been the fastest in...

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Coface: growth in the region may slow in the coming years

Although the Central and Eastern European region’s GDP growth is impressive at EU level, growth may slow in the coming years, with regional GDP rising by 3.6 percent in 2019...

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The IMF has significantly improved its GDP growth forecast

The International Monetary Fund (IMF) has improved its Hungarian GDP growth forecast in the World Economic Outlook (WEO) forecast released on Tuesday. The Hungarian economy is forecast to grow by...

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THe analysts of Savings Bank raised their GDP growth forecast to 4.9 percent this year

Analysts at the Savings Bank raised their GDP growth forecast from 4.7 percent to 4.9 percent -was said at the press conference of the bank in Budapest. Suppan Gergely, senior...

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Analysts: economic growth will slow down in the second half of the year

Economic growth will slow in the second half of the year, but may still be close to 4.5 percent throughout the year – analysts told MTI commented on Friday’s detailed...

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KSH: services and investments contributed the most to the GDP growth in the second quarter

Gross domestic product (GDP) increased by 4.9 percent in the second quarter compared to the same period of last year, up 1.1 percent from the previous quarter, according to the...

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German GDP decreased in the second quarter

German gross domestic product declined in the second quarter compared to the previous quarter – according to a communication released on Tuesday by Destatis, the German Federal Bureau of Statistics....

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Economist: GDP increased due to the good performance of several sectors

Due to the good performance of several sectors, Hungarian gross domestic product (GDP) grew by 5.1 percent in the second quarter compared to the same period of the previous year...

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Economic growth slowed in the second quarter in the euro area and in the EU

Economic growth both in the European Union and in the euro area slowed down significantly in the second quarter. According to the first estimate released by the European Union Bureau...

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Cheerful statistics, gloomy expectations

According to April-May data, the growth rate of the Hungarian economy started to slow down in the second quarter compared to the record high dynamism of the first quarter. However,...

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Századvég: economic growth may even reach 5 percent

The Századvég Economic Research Co. has improved its growth expectations, and in favorable cases it is also not excluded that it will approach or even reach the 5 percent growth...

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Growth can be four percent next year

Next year’s growth – similarly to this year – may be around 4 percent, well above the EU average – Adorján Richárd, Deputy Minister of State of the Ministry of...

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Quarterly GDP growth accelerated in the euro area and the EU in the first quarter

On quarterly basis, GDP growth accelerated in both the euro area and the EU, based on a report published by the European Union Statistical Office, Eurostat, on Thursday. The quarterly...

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GKI: Hungarian GDP growth peaked in the first quarter

In the first quarter of 2019 the Hungarian economy grew by 5.3 per cent, at a record speed. This rate is by far the fastest in the EU, together with...

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London analysts: domestic consumption offsets the weakening of external demand

According to London financial analysts, the strong domestic consumption, which counterbalances the weakening of external demand, is the driving force behind the robust first quarter growth momentum of the Hungarian...

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Analysts: GDP growth exceeded expectations again

The 5.3 percent growth of gross domestic product (GDP) in the first quarter is higher than theexpectations of the market analysts interviewed by MTI, who expect a gradual slowdown in...

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KSH: the Hungarian economy grew by five percent in the first quarter

According to the raw data, Hungary’s gross domestic product (GDP) increased by 5.3 percent. According to the seasonally and calendar effect adjusted and balanced data the Hungarian gross domestic product...

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Ecfin: growth forecast for Hungary

The European Commission has improved Hungary’s economic growth forecast for 2019 and 2020 in its spring forecast, but warned that there were more and more signs of overheating in the...

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The European Commission has improved its growth forecast for Hungary

The European Commission has improved Hungary’s economic growth forecast for 2019 and 2020 in its spring forecast, but warned that there were more and more signs of overheating in the...

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The money invested in festivals is well offset by economic growth

The festival business hes sped up in Hungary so much that the Budapest Economic University launched a research on the subject – mfor.hu wrote. According to the results, festivals now...

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Takarékbank has raised its GDP growth forecast for 2019 and 2020

Takarékbank has raised its GDP growth forecast for 2019 from 4.2 percent to 4.4 percent and raised its GDP growth forecast for 2020 from 3.5 percent to 3.6 percent –...

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Századvég forecasts a GDP growth of 3.9 percent for 2019 and 3.5 percent for 2020

Századvég did not change its forecast compared to its December forecast. GDP is expected to grow by 3.9 percent this year and by 3.5 percent in 2020 – the researcher...

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KSH: GDP grew by 4.8 percent last year

According to the raw data, Hungary’s gross domestic product (GDP) grew by 4.8 percent, according to the raw data. Seasonally and calendar effect adjusted the growth was 4.9 percent in...

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The European Commission has improved its growth forecast for Hungary

The European Commission has improved its forecast for the growth of Hungarian gross domestic product (GDP), expecting 3.4 percent growth for this year, compared to the 3.2 percent previous expectations....

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