Tag "GKI"
Declining number of companies, slowing closures – where is the Hungarian entrepreneurial sector heading?
The number of partnerships has already decreased by more than 2,000 this year. Although the GKI business confidence index showed an improvement, the number of businesses does not yet reflect...
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Average gross earnings can be misleading: there are significant earnings inequalities in Hungary
The Central Statistical Office (KSH) regularly publishes the gross average earnings, but this data often does not reflect the real income situation, as it masks inequalities. The earnings data broken...
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Fringe benefits in 2025 – how popular are housing benefits and the SZÉP card?
In its February survey, GKI Economic Research Ltd. asked companies with more than 5 employees, among other things, whether they plan to provide housing subsidies or SZÉP card subsidies to...
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GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic foodstuffs, especially milk and eggs, has received special attention, affecting broad segments of the population. The development of high food...
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GKI analysis: Hungarians will receive more than a trillion forints
In recent months, the Premium Hungarian Government Bond (PMÁP) has become one of the most dominant investment instruments in the retail savings market. In a high-inflation environment, investor confidence remains...
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Sándor Demján Program – Is it really effective support for the SME sector or a state crutch?
Hungarian small and medium-sized enterprises (SMEs) play a significant role in the functioning of the economy, employing around 70% of the workforce, while their GDP contribution still lags behind that...
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GKI: Wage increase plans of domestic businesses
In its latest February survey, GKI Economic Research Ltd. asked companies with more than 5 employees about their intentions to raise wages in 2025, among other things. The questionnaire was...
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The GKI expects economic growth of 2-2.5% in 2025
GKI Economic Research Ltd. forecasts GDP growth of 2-2.5% for 2025, which may be achieved through the recovery of external demand, government economic policy measures and the expansion of domestic...
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The productivity of Hungarian companies is worse than anywhere else in the EU
According to a recent analysis by GKI Economic Research Ltd., Hungary’s manufacturing exports showed significantly lower growth than those of the countries in the region between 2010 and 2023. While...
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GKI analysis: Lagging exports, lagging labor productivity
The Visegrad countries are basically export-driven, open economies. This is clearly demonstrated by the fact that even Poland, which has the largest internal market, had exports of 58% of GDP...
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GKI analysis: Don’t let anyone else do the work for you
An often-mentioned element of economic competitiveness is exportability. If a company’s products can be sold abroad at a good price (e.g., products of domestic pharmaceutical manufacturers), this improves the operation...
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GKI business climate index at nineteen-month low
The slightly negative trend continued in the first month of this year: according to a survey by GKI Economic Research Ltd. – conducted with the support of the EU –...
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There were fewer capitalists and the real value of capital income also decreased in 2023
According to NAV data, in 2023 the number of people with capital income decreased from 375 thousand to 356 thousand, about 5 percent. The amount of declared net capital income...
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GKI analysis: We are further away from eurozone membership than we were 10 years ago
Hungary committed to adopting the euro when it joined the European Union. Below, we analyze the fulfillment of the four key criteria required for joining the eurozone. The budget deficit...
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Sixfold difference between settlements – Development of net earnings in 2023 by settlement
The GKI examined the development of net earnings by settlement in 2023. This year, real earnings decreased, but this was not uniform by settlement. Net earnings were highest in the...
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Hungarians expect high prices: inflationary illusions hardly change
In the perceived price level change, the difference between the Hungarian population and the Central Statistical Office (KSH) moved back and forth in the examined period. This article is available for reading...
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GKI analysis: Earnings – how much is too much?
One of the most common questions in recent months is why, despite the extremely high real wage level, Hungarian consumption is not expanding faster? According to the Minister of Economy,...
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GKI analysis: Small but strong: the situation of Hungarian SMEs
In the past two months, the government has made strengthening small and medium-sized enterprises its flagship in the framework of the new economic action plan. The government has not had...
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GKI analysis: Growing budget
When submitting next year’s budget, it is worth reviewing how much the Government has spent from taxpayers’ and creditors’ money over the past 14 years and on what. In agreement...
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New economic “action plan”: Is it realistic to further increase household loans?
An unfortunate consequence of the domestic housing crisis is that the majority are unable to buy a home on their own, but are forced to take out a loan for...
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Digital companies in Hungary
How are Hungarian firms performing in terms of digitalisation compared to their EU competitors? That’s the question GKI’s analysis aims to answer. This article is available for reading in Trade...
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GKI: The need for competitiveness reforms in the EU and Hungary’s role in the changes
The European Union faces significant competitive challenges, needing reforms as outlined in the Draghi report. Key areas for improvement include promoting innovation, boosting digital transformation, enhancing energy efficiency, reforming the...
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The productivity of the workforce in the manufacturing industry in Hungary is close to stagnation
One of the central elements of the Hungarian economic development strategy is the development of Hungarian industry, for which a competitive, i.e. productive workforce is essential. Labor productivity measures how...
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GKI analysis: Labor productivity in the manufacturing industry is close to stagnation
Sorry, this entry is only available in HU....
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In October, the economic index of the GKI decreased slightly further
According to a survey conducted by GKI Gazdaságkutató – with the support of the EU – in October, the overall expectations of the business sector did not change compared to...
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On the way to “economic neutrality”: wage catch-up
It seems that the Government has decided to carry out a forced wage catch-up in the coming years. Within this framework, he expects the minimum wage to be 1,000 euros...
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“Road to economic neutrality” – Eastern or Western opening?
An important element of the government’s economic strategy and communication for almost 15 years is the opening to the east, which has two main goals: to support the expansion of...
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GKI: Road to “economic neutrality”: Declining West?
The global economic and geopolitical analyzes of recent years are about the changing world order, the rise of new superpowers and new sources of growth, which have a great impact...
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Who will work? The following years of the Hungarian labor market
In the next 20 years (including 2024), roughly 2,600,000 people will pass the current retirement age of 65, while no more than 1,900,000 people will enter the labor market (on...
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