Tag "GKI"
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...
Read moreGKI 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 –...
Read moreOnline 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...
Read moreGKI: 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...
Read moreThe 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...
Read moreHungarian 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...
Read moreGKI: 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,...
Read moreGKI: 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...
Read moreGKI: 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...
Read moreGKI 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...
Read moreRising 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...
Read moreGKI 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...
Read moreGKI 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...
Read moreAfter 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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