Tag "KSH"
The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant surprise: according to the Central Statistical Office (KSH), consumer prices in June 2024 were on average 3.7% higher than a...
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KSH: industrial production fell by 5.2 percent in May
In May, the volume of industrial production fell by 5.2 percent, or 4.9 percent, adjusted for the working day effect, from a year earlier, the Central Statistics Office (KSH) confirmed...
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(HU) Az MVI statisztikai helyzetjelentése a vendéglátásról
Sorry, this entry is only available in HU....
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Hungary is a net exporter of both frozen and fresh cherries
According to KSH data, Hungary’s cherry crop ranged between 60.5 and 83.5 thousand tons between 2018 and 2022. According to KSH data, the cherry crop in 2023 decreased by 18...
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KSH: in June, consumer prices increased by 3.7 percent on average compared to the same month of the previous year
In June 2024, consumer prices were on average 3.7 percent higher than a year earlier. Compared to May, prices did not change on average, food prices fell by 0.3 percent,...
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Márton Nagy: the decrease in inflation in June exceeded all expectations
The targeted measures of the government broke down and suppressed inflation. And measures such as the online price monitoring system generate lively retail competition and support inflation to remain at...
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June is characterized by a stable inflationary environment in Hungary
The annual inflation in Hungary could remain below the central bank’s target range in June, below 4% based on experts’ forecasts. According to the analysts interviewed by Portfolio, the Central...
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KSH: retail turnover increased by 3.6 percent compared to the same period of the previous year
In May, the volume of retail trade increased by 3.6 percent compared to the same period of the previous year, according to both raw and calendar-adjusted data, the Central Statistical...
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Industrial production decreased, food, beverage and tobacco production increased
In May, the volume of industrial production was 5.2 percent, or 4.9 percent less than a year earlier, adjusted for the working day effect. As of April 2024, industrial output...
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The drastic rise in prices on the Hungarian furniture market seems to have stopped
In the recent period, the pace of drastic price increases observed on the Hungarian furniture market seems to be slowing down. According to data from the Central Statistical Office (KSH),...
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KSH: The volume of exports of food, beverages and tobacco increased by 35 percent, while the volume of imports increased by 10 percent
In April 2024, the volume of exports was 13, and that of imports exceeded the previous year by 2.5 percent. The asset amounted to 1.7 billion euros, the balance improved...
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KSH: the number of guest nights increased by 13 and the number of guests by 18 percent in May compared to a year earlier
In May 2024, 1.6 million guests spent 3.7 million guest nights at tourist (commercial, private and other) accommodations. The number of guests was 18, and the number of guest nights...
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GVH: the online Price Monitor will be one year old on Monday
On July 1, it will be one year since the online price monitoring system operated by the Economic Competition Authority (GVH) went live, the platform was created by the competition...
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KSH: Sales prices in the food industry were 5.1 percent lower than a year ago
In May 2024, industrial producer prices were on average 0.2 percent lower compared to a year earlier. Domestic sales prices decreased by 3.9 percent, export sales increased by 1.7 percent....
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The number of employed people was 4 million 749 thousand, the unemployment rate was 4.3 percent
In May 2024, the average number of employed persons aged 15-74 increased by 36,000 compared to the same period of the previous year, to 4,749,000. The number of unemployed people...
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NGM: tourist interest in Hungary has increased spectacularly
The visitor traffic of the Pentecost long weekend also made a significant contribution to the extremely spectacular results of the tourism sector in May, as the number of guest nights...
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The number of convenience stores in Hungary is decreasing
The trend of recent years leaves no doubt: the number of Hungarian retail stores is constantly decreasing. According to the latest data from the Central Statistical Office (KSH), in June...
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The producer price of cherries is 14 percent lower
According to Eurostat data, the EU is a net importer of fresh cherries: the delivered quantity changed to 52.6 thousand tons (+108 percent), the exported volume to 10.8 thousand tons...
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KSH: gross average earnings were HUF 645,300 in April 2024, 13.5 percent higher than a year earlier
In April 2024, the gross average salary of those employed full-time was HUF 645,300, and the net average salary calculated with allowances in mind was HUF 444,000. The gross average...
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Food prices may continue to rise due to price adjustments following inflation
This spring, a number of companies were confronted for the first time with the phenomenon of inflation-tracking price adjustments, which, although they existed before, have now become really perceptible and...
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Lower meat prices
According to AKI slaughtering statistics, 178.9 thousand tonnes (live weight) of poultry were slaughtered in Hungary in the first three months of 2024, 15% more than in the same period...
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The producer price of the slaughter heifer decreased by 37 percent
According to the AKI’s slaughter statistics data, cattle slaughter in January-April 2024, expressed in live weight, was 11.5 percent below the January-April 2023 quantity. Cows, which account for two-thirds of...
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KSH: industrial production increased by 6.4 percent in April
In April, the volume of industrial production exceeded the previous year by 6.4 percent, while, after adjusting for the effect of working days, it fell short by 2.4 percent, the...
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The export of frozen green peas increased by 20 percent in 2023
According to KSH data, green peas were harvested in Hungary in 2023, in a 6.9 percent larger area, 14 percent more (94 thousand tons) than in 2022. According to the...
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KSH: in May, consumer prices increased by 4.0 percent on average compared to the same month of the previous year
In May 2024, consumer prices were on average 4.0 percent higher than a year earlier. Compared to April, prices fell by an average of 0.1 percent, vehicle fuel prices fell...
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KSH: the production of food, beverages and tobacco products expanded compared to a year earlier
In April 2024, the volume of industrial production exceeded a year earlier by 6.4 percent, while adjusted for the working day effect it was 2.4 percent lower than a year...
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KSH: in April, retail turnover increased by 3.2 percent compared to the same period of the previous year
In April 2024, according to the raw data, the turnover volume of retail trade increased by 3.7 percent compared to the same period of the previous year, adjusted for the...
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The processing sales price of chicken breast decreased by 15 percent
Based on data from the KSH, Hungary’s poultry meat exports increased by 3 percent to 53,000 tons in the first three months of 2024 compared to the same period in...
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The export of live pigs increased by 58 percent
According to KSH data, Hungary’s live pig exports increased by 58 percent (8.7 thousand tons) in January-March 2024 compared to the amount in January-March 2023. The main partners were Romania,...
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Consumption increased by 3.4%
KSH confirmed that in the first quarter of this year, the performance of the economy increased by 0.8% compared to the previous quarter, according to adjusted data.Compared to the same...
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