Tag "KSH"

The producer price of garlic is more than 20 percent higher

According to Eurostat data, the yield of garlic was between 5.2 and 7.1 thousand tons in the last five years, and in 2023, 5.26 thousand tons of garlic were harvested...

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KSH: in September, the number of employed people was 4,699,000, the unemployment rate was 4.5 percent

In September 2024, the average number of employed persons aged 15-74 decreased by 32,000 compared to the same period of the previous year, to 4,699,000, the Central Statistical Office (KSH)...

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KSH: in August, gross average earnings were HUF 628,800, 13.1 percent higher than a year earlier

In August 2024, the gross average salary of those employed full-time was HUF 628,800, and the net average salary calculated with allowances in mind was HUF 433,100. The gross average...

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The producer price of slaughter pigs has decreased

According to KSH data, Hungary’s live pig exports increased by 27.1 percent to 19,000 tons in January-July 2024 compared to January-July 2023. The main partners were Romania, Austria, Albania and...

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“Road to economic neutrality” – Eastern or Western opening?

An important element of the government’s economic strategy and communication for almost 15 years is the opening to the east, which has two main goals: to support the expansion of...

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The processing sales price of UHT milk increased the most in September

According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 173.21/kilogram in September 2024. In addition to a 0.1 percentage point improvement in...

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The producer price of red onion remains well below last year’s

According to KSH data, the yield of red onions in the last five years ranged between 38.5 and 58.2 thousand tons. In 2023, it produced 13 percent more red onions...

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KSH: industrial production fell by 9.5 percent in August

In August 2024, the volume of industrial production was 9.5 percent, or 4.1 percent less than a year earlier, adjusted for the working day effect. The significant difference compared to...

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KSH: in September, consumer prices increased by 3.0 percent on average compared to the same month of the previous year

In September, consumer prices were on average 3.0 percent higher than a year earlier. In one month, they decreased by an average of 0.1 percent, within which vehicle fuels became...

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KSH and NGM concluded a strategic agreement

The KSH and the NGM concluded a strategic agreement in order to reduce data collection costs and data provider burdens, and to increase data integrity, and they also agreed on...

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The producer price of slaughter heifers increased the most

According to the AKI’s slaughter statistics data, cattle slaughter in January-August 2024, expressed in live weight, was 9.5 percent below the amount in January-August 2023. Cows, which account for two-thirds...

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Eggs cost more than 17 percent less

Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 21 percent to 57,000 tons in the first six months of 2024 compared to...

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KSH: retail turnover increased by 4.1 percent in August compared to the same period of the previous year

According to the raw data, the volume of retail sales in August increased by 3.2 percent, and adjusted for the calendar effect by 4.1 percent compared to the same period...

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NGM: the food industry and pharmaceutical production are also performing well

Based on Friday’s data from the Central Statistical Office (KSH), some sectors of the Hungarian economy perform better, others worse, but the Hungarian economy as a whole is growing. In...

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Government tightening in the employment of guest workers – what will the new draft regulation bring?

In his statement 18 years ago, Viktor Orbán suggested that foreign diplomats pay attention not to what he says, but to what he does. The Ministry of National Economy (NGM)...

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KSH: in July, the product foreign trade surplus was 167 million euros

In July, the volume of exports increased by 4.9 percent and that of imports by 7.1 percent compared to the same period of the previous year. The asset amounted to...

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KSH: Sales prices of the food industry decreased by 0.6 percent

In August 2024, industrial producer prices were on average 3.0 percent higher than a year earlier. Domestic sales prices increased by 1.2 percent and export sales by 4.0 percent, the...

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KSH: in August, the number of employed people was 4,748,000, the unemployment rate was 4.2 percent

In August 2024, the average number of employed persons aged 15-74 increased by 39,000 compared to the same period of the previous year, to 4,748,000. The number of unemployed was...

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KSH: Unemployment is at 4.2 percent, 210,000 people are without work

In August 2024, the average number of employed persons aged 15-74 increased by 39,000 compared to the same period of the previous year, to 4,748,000. The number of unemployed was...

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The price of chicken breast is 11 percent lower than a year ago

Based on data from the KSH, Hungary’s poultry meat exports increased by 2.5 percent to 106,000 tons in the first six months of 2024 compared to the same period in...

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Significant wage growth in Hungary: in July 2024, earnings continued to grow

According to the latest data from the Central Statistical Office (KSH), in July 2024, the gross average earnings of full-time workers rose to HUF 636,700, while the net average earnings...

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The export price of raw milk was 19 percent higher than the average producer price

According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 166.73/kilogram in August 2024. In addition to a 0.04 percentage point improvement in...

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Good wheat harvest this year

In its July forecast, the International Grains Council (IGC) predicts a global wheat crop of 801 million tonnes for the 2024-2025 financial year, up 1% vs. the previous season. This...

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The price of red and head cabbage also increased

According to KSH data, 35.3 thousand tons of head cabbage were produced in Hungary in 2023, 11 percent less than a year earlier. According to KSH data, Hungary’s head and...

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August inflation surprise: Slowing monetary deterioration, improving purchasing power

The latest inflation data from the Central Statistical Office (KSH) caused a significant surprise, as the rate of monetary deterioration slowed down to only 3.4 percent in August, which is...

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The price of eggs has decreased significantly in Hungary

In the first fifteen weeks of the year, the price of eggs fell well below last year’s level, according to the latest data. According to the report of the Agrárközgazdasági...

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KSH: in August, consumer prices increased by 3.4 percent on average compared to the same month of the previous year

In August 2024, they exceeded a year earlier by an average of 3.4 percent, and consumer prices did not change on average compared to July, the Central Statistical Office (KSH)...

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Inflation decreased, real yield increased: good news for investors

According to August inflation data, the pace of price increases in Hungary has been moderated, which is a positive development for both consumers and investors. According to the Central Statistical...

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Beef exports decreased by 24.7 percent

According to AKI’s slaughter statistics data, cattle slaughter in January-July 2024, expressed in live weight, was 10.2 percent lower than the amount in January-July 2023. Cows, which accounted for two-thirds...

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The corn and sunflower yield forecast has been changed

By the beginning of September, agricultural chamber yield estimation data based on both satellite and producer data are available for domestic corn and sunflower. For the former, the third lowest...

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