Tag "GKI"

GKI: international trade chains are constantly gaining weight

Eleven retail chains in Hungary achieved 7.3 percent more gross turnover of 5,306 billion HUF in 2020, which is 96 percent more than in 2007, ie the market has almost...

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Business expectations no longer improved in June

The GKI economic activity index continued to rise in May and June after an unprecedented rise in April, but most recently within the margin of error. The index reached its...

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GKI’s economic sentiment index exceeded its pre-crisis level in May

After an unprecedentedly large rise in April, GKI’s economic sentiment index made a much smaller, but still significant step up in May, reaching its pre-pandemic level of Feb-ruary last year....

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GKI: the role of telework may reduce after the pandemic

As a result of the coronavirus pandemic, teleworking has inevitably become part of everyday life, but after the pandemic, domestic companies plan to reduce teleworking, according to GKI Economic Research’s...

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GKI raises growth forecast

Thanks to better results in the 4th quarter of 2020 and the relatively favourable changes in business confidence in early 2021, GKI raised its 2021 growth forecast by 0.6 percentage...

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GKI: home office may not stay with us pos-covid

As a result of the pandemic situation caused by the coronavirus crisis, teleworking inevitably became part of everyday life. In order to get a more complete picture of the impact...

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GKI’s economic sentiment index approached its pre-crisis level in April

After a modest decline in February, GKI’s economic sentiment index rose to a lesser ex-tent in March. However, it approached its otherwise fairly low top level since the start of...

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GKI’s consumer confidence index jumped to a one-year high in April

The GKI consumer confidence index jumped to a one-year high of minus 24.5 points in April, but is still significantly below the level of minus 12.1 points in March 2020...

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Nearly half a million under-25s could be affected by next year’s SZJA exemption

As of 2022, there were an order of magnitude 280,000 people affected by the SZJA exemption for under-25s. This is derived from the age group employment data of the CSO,...

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Forecast for 2021

Due to better-than-expected Q4 data last year and relatively favourable economic expectations at the beginning of this year—despite the third wave of the pandemic and mixed data—GKI raised its growth...

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That’s where e-commerce is standing now

In 2020, domestic online retail sales increased by 45% to HUF 909 billion. On the basis of the figures, it can now be stated that the online market, which initially...

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In March, GKI’s economic sentiment index approached its highest level since the start of the pandemic measured in January

After a modest decline in February, GKI’s economic sentiment index rose to a lesser ex-tent in March. However, it approached its otherwise fairly low top level since the start of...

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GKI’s economic sentiment index declined slightly in February

Although GKI’s economic sentiment index declined slightly in February, both business and consumer expectations remained more favourable than at the end of last year. Ac-cording to a survey conducted by...

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GKI: Since 2010, income differences in Hungary have not decreased

The concentration of the income of the Hungarian population has not changed during the last 10 years, despite the economic growth – GKI Gazdaságkutató Zrt. drew attention in its communication...

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GKI: consumer confidence deteriorated slightly in February

The GKI consumer confidence index decreased by 1.1 points in February, after a rise of 5.5 points in January, to minus 34.9 points – the GKI Gazdaságkutató Zrt. informed MTI....

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GKI: increased the proportion of teleworkers due to the austerity measures introduced last November

As a result of the austerity measures introduced last November, the proportion of teleworkers increased significantly to 16 percent from a few percent measured in July and September – GKI...

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Growth of purchasing power in Hungarian settlements between 2012 and 2019

One important segment of quality of life is purchasing power. Therefore, GKI Economic Research Ltd. estimated the purchasing power of the settlements for the years 2012-2019. During the estimates, we...

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The vast majority of businesses do not agree with the tightening of KATA

The Hungarian Chamber of Commerce and Industry came to the forefront in 2020 with the proposal to tighten KATA and the proposal to reduce the business tax, which, as expected,...

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The difference in net earnings between settlements was nearly thirteen times in 2019

According to NAV data, in 2019 the average monthly salary (employment income) was HUF 295 thousand gross, which meant HUF 200 thousand net per month. There was a significant difference...

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GKI: In December, GKI’S economic sentiment index almost completely offset its November fall

GKI’s economic sentiment index rose sharply in December. It almost reached its October level again, which was much more favourable than the April low, but had been at a fairly...

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GKI expects a more moderate 6 percent decline in GDP this year

Based on favorable third-quarter data, the decline in the fourth quarter will reduce the rate from the previous 9 percent to 7 percent and the annual GDP decline from 7...

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GKI’s consumer confidence index fell sharply in December

For the fifth month in a row, the GKI consumer confidence index has been declining since July, but the monthly decline was now the most significant in December: 5.5 points...

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Consumer solvency improves, a W-shaped recovery might follow

Households continued to strengthen their financial situation at the beginning of the 3rd quarter, but by the end of the 3-month period the Intrum Solvency Index (IFI) dropped again: its...

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Magazine: Business Days 2020 – Our conference wasn’t cancelled…

Even the coronavirius couldn’t beat our Business Days conference, which we organised together with the Chain Bridge Club in September. Thanks to the strict health protection protocol, the nearly 550...

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GKI: Difficulties in measuring unemployment

If we want to find out about the Hungarian unemployment situation, we can do it from several sources, but they are confusingly different. According to the KSH’s monthly labor force...

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GKI’s economic sentiment index did not reach its level of the beginning of this summer in November

GKI’s economic sentiment index fell sharply in November, falling below its level in early summer. According to a survey conducted by GKI Economic Research Co. with the support of the...

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GKI business expectations improved slightly in October, while consumer expectations deteriorated

GKI’s economic index improved slightly in October, but still did not reach its level in July, business expectations moved in a positive direction, while retailers have been deteriorating for the...

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GKI: employment stagnated in September

Compared to August, employment did not change in September, according to a representative population survey of GKI Economic Research Ltd. involving 1,000 people. In August, the average monthly headcount –...

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Online marketplaces can save Hungarian businesses

During the pandemic, more than a third of SMEs increased their sales in online marketplaces, according to representative research by GKI and eMAG. The survey examined, among other things, how...

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