Tag "GKI"

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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GKI continued to grow in July after rising in May-June

The value of the GKI consumer confidence index rose by 11.3 points in May due to the slow decay of the coronavirus and the easing of strong uncertainty in April,...

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The workplace situation of employees among enterprises in June 2020

At the beginning of June 2020, GKI Zrt. conducted a representative survey among 835 companies, not including multinational companies. Source: GKI The aim was to get an idea of how...

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Which municipalities have benefited from the rapid growth of the last seven years

GKI Zrt. Examined the changes in the purchasing power of municipalities and districts (net earnings, pensions, social benefits) from 2012 to 2019. The nominal value of municipal purchasing power increased...

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GKI is less pessimistic about this year’s growth forecast

In its latest forecast released on Thursday, GKI Economic Research rejected the less pessimistic scenario outlined in its previous March forecast, which predicts a 3 percent decline in GDP, while...

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Although pessimism declined further in June, it remained very strong

Although the GKI economic sentiment index rose by a larger extent in June than in May, it elimi-nated only a smaller half (44 percent) of its April fall. According to...

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Although pessimism declined further in June, it remained very strong

Although the GKI economic sentiment index rose by a larger extent in June than in May, it elimi-nated only a smaller half (44 percent) of its April fall. According to...

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Approaching the deadline from July 1, all B2B invoices will be seen by the tax office

An important stage in the whitening of the economy was the fact that from 1 July 2018, the legislator made invoices generated in business-to-business (B2B) transactions with a VAT term...

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After the panic in April, the GKI business climate index rose slightly in May

The GKI business cycle index rose 5 points to minus 28 points after falling 29 points in April. It is still reflecting pervasive pessimism, while most sub-indices worked one-third of...

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GKI’s economic sentiment index plummeted by an unprecedented extent in April

The GKI economic sentiment index fell by an unprecedented extent of almost 30 points, apparently due to the economic effects of the COVID-19 epidemic. The business confidence index declined by...

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The GKI consumer confidence index plummeted in April

Surprisingly, the GKI economic sentiment index dropped hardly in March, business expecta-tions worsened slightly, and consumer ones remained unchanged. This is obviously due to the fact that the survey, conducted...

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GKI: Will there be growth in retail this year?

Between 2017 and 2019, retail sales increased by 20% in value and 13% in volume. Monthly growth was 7.6% in January 2020 and 11.3% in February, partly due to panic...

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(HU) GKI: Áprilisban óriásit zuhant a GKI fogyasztói bizalmi indexe

Sorry, this entry is only available in HU....

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GKI economic sentiment index hardly declined in the first half of March

Surprisingly, the GKI economic sentiment index dropped hardly in March, business expecta-tions worsened slightly, and consumer ones remained unchanged. This is obviously due to the fact that the survey, conducted...

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GKI: Domestic online retail sales grew 16 percent last year

Domestic e-retail achieved gross annual sales of 625 billion HUF last year, which is about 16 percent higher than in 2018. Online sales represent 6.3 percent of total retail sales...

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GKI: Uncertainty is increasing

The Hungarian economy expanded by 4.9 per cent in 2019. It was the second fastest growth rate in the EU after Malta, almost 3.5 percentage points higher than the EU...

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The GKI economic activity index remained on its 3 year nadir

GKI’s business index remained at its almost 40-month low in January, following a slight deterioration in business expectations in February and a nearly same improvement in consumer expectations – the...

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A top feeling

In 2020 economic growth was around 5 percent in Hungary, and this was one of the top growth rates in the EU. For 2020 GKI calculates with a 3-3.5 percent...

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Three quarters of the households do not feel financially stronger despite real wage growth

In a survey sent to MTI on Tuesday, GKI notes that between 2014 and 2019, nominal earnings increased by more than 60 percent and real earnings by almost 50 percent....

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According to GKI, the economy may grow by 3-3.5 percent this year

The Hungarian economy expanded last year at around 5 percent, one of the fastest in the European Union. Overall, the October-November data do not yet indicate a slowdown, but the...

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Intrum improved the solvency of the Hungarian population

The solvency index of the Hungarian population rose slightly again in the third quarter of this year, following a decline in the previous quarter – the Intrum Mortgage Management Company...

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Forecast for 2020

The growth rate of Hungary’s GDP accelerated to around 5 per cent in 2018 and 2019, one of the fastest in the EU. Thus, the Hungarian growth rate exceeded all...

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Slower growth, but lower inflation too

Economic growth was 5.1 percent in Hungary in the first half of 2019. This growth rate was the fastest in the EU – three times faster than the average. The...

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Magazine: The Trade Parliament was in session (Part 1)

This year our magazine organised the Business Days conference in Tapolca under the name Trade Parliament, between 16 and 20 September. A record-breaking 750 FMCG experts and decision-makers came to learn...

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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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Negative turnaround on the housing market while the confidence in the business real estate sector is unbroken

In October of 2019, the GKI real estate indices for Budapest and Hungary stood at 7 and 8 points respectively. Budapest index decreased by 6 points, the national index went...

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GKI’s business confidence index hits a nadir

In October the GKI business confidence index decreased less than the margin of error, still it hit an almost 3-year nadir. Business expectations have been worsening since the beginning of...

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GKI: Forecast for 2019-2020

The Hungarian economy grew by 4.9 per cent in the second quarter of 2019, faster than expected. This was the highest growth rate in the EU. However, the slowdown, if...

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