Tag "GKI"

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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GKI: half of the teleworkers workked for a company based in Budapest or Pest County in September

In September, GKI Zrt. conducted a survey of the domestic employment situation among Hungarian enterprises. The questions were answered by 820 companies, the survey did not cover large multinationals. Compared...

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The GKI business cycle index cannot rise For the second month in a row

The GKI business cycle index decreased in September after August – within the margin of error. This is due to some deterioration in consumer expectations, as business has stagnated. After...

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Employment in GKI may have stagnated in August

In August, GKI Zrt. conducted a representative population survey of 1,000 people in order to find out the employment situation in Hungary. (Of the 1,000 respondents, 679 were employed.) At...

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Hungarian e-commerce is at its peak, yet we are a country of abandoned baskets

The coronavirus has really exploded web commerce in Hungary as well, more than half (58%) of the nearly 3.5 million online shoppers are still frustrated by shopping in the digital...

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GKI: consumer confidence index continued to decline in September

GKI’s consumer confidence index slowed down for three months after falling in April, but rose slightly, but in August and September expectations deteriorated slightly: from minus 29.6 points in August...

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GKI: employment might increased by 1.5 percent in July compared to June

GKI Zrt. examined the situation of domestic employment in the framework of a representative population survey of 1,000 people after the official tightening due to the coronavirus pandemic. By early...

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We need to be prepared for persistently higher food prices

Hungary is a world champion with a VAT rate of 27%, and inflation is also the highest in the European Union. Some experts are calling for a reduction in VAT,...

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GKI: economic expectations deteriorated in August

The dynamic rise in the GKI business cycle index came to a halt in August after the April low, with half of the April fall caused by the pandemic being...

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GKI: An attempt to rapidly measure the coronavirus crisis and economic performance

The application of big data analysis methods and machine learning has created new opportunities in the preparation of economic analyzes and forecasts. Based on the information available to it, the...

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GKI only improved the outlook for consumers and business providers in July

Following the shock-like deterioration in the outlook for Hungarian economic participants in April, a significant positive correction took place in May and June. GKI’s economic index rose only slightly in...

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Rising food prices

According to statistics, average annual inflation was only 2.9% in June, but food prices continued to rise far above average, with some products rising by more than 10-20%. GKI analysts...

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GKI: The workplace situation of employees in July 2020

GKI Zrt. conducted a representative population survey of 1,000 people in order to find out how employees work in the period following the coronavirus pandemic. While epidemiological restrictions were still...

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