Tag "KSH"

KSH: the turnover of retail stores increased by 4.3 percent in July

In July, according to raw data, the volume of retail trade exceeded the previous year by 3.8 percent, adjusted for calendar effects, by 4.3 percent, the Central Statistical Office (KSH)...

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Analysts: the adaptation of households is indicated by the retail trade data

Retail trade data for July indicate that households have begun to adapt to the stricter economic environment and that in the third quarter, consumption no longer represents as much of...

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KSH: For now, investments have increased, but that will change soon

Investments increased in the second quarter of this year based on the latest data from the KSH, both the corporate and budgetary spheres contributed to the expansion, but the driving...

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It wasn’t FMCG products that drove retail sales in June

The Central Statistical Office (KSH) has reported: like-for-like retail volume sales were up 4.1% in June 2022; adjusted for calendar effects, the sales growth was 4.5%. However, sales of grocery...

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Food inflation around 30% in July

Data by the Central Statistical Office (KSH) reveal: consumer prices elevated by 13.7% in July 2022, in comparison with July 2021. In one month prices became 2.3% higher on average....

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Food has become more and more expensive in Hungary in recent years

While in July 2020, compared to the same period of the previous year, the price of food increased by 7.8%, this seemed to moderate by 2021, when the price increase...

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KSH: GDP increased by 6.5 percent in the second quarter

In the second quarter, the gross domestic product (GDP) increased by 6.5 percent compared to the same period of the previous year. Compared to the previous quarter, the performance of...

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We have good news for farmers: the increase in agricultural producer prices accelerated again in June

After the previous month’s stagnation, the increase in agricultural producer prices accelerated again in June: after 45.4 percent in May, purchase prices were on average 48.3 percent higher in June...

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While raspberries are becoming more and more popular abroad, their growing area is getting smaller and smaller here

According to KSH data, raspberries were grown on 1,500 hectares in Hungary at the turn of the millennium, and since then the cultivated area has been continuously decreasing. Serbia is...

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Unprecedented inflation is coming to Hungary

Inflation continues to grow in Hungary, in a never seen before. Inflation data in Hungary once again caused quite an unpleasant surprise, as the CSO measured a 13.7% annual increase...

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According to analysts, despite the Russian-Ukrainian war, industrial production expanded in June

In spite of the Russian-Ukrainian war, industrial production expanded in June – the analysts pointed out in their analysis sent to MTI, commenting on the latest data of the Central...

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According to the latest surveys, this is the reason why our everyday life has become so much more expensive

In May, the value of exports expressed in euros increased by 29.5 percent, that of imports by 31.4 percent, the liabilities were 95 million euros, the balance worsened by 166...

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KSH: The number of employed people was 4 million 739 thousand in June

In June, the average number of employed persons aged 15-74 was 4,739,000, 53,000 more than in the previous month. In the three-month period from April to June, the average number...

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Analysts: the start of summer jobs in June also helped employment

The Hungarian labor market is close to full employment, and there is hardly any further opportunity to increase employment. With the start of summer work, seasonal effects also appear strongly...

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Analysts: mid-year wage increases may maintain the further rise of real wages

Thanks to the mid-year wage increases that try to keep up with inflation, even taking into account the expected strong inflation, real wages may continue to grow in the second...

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KSH: in May, the average gross salary was 495,900 HUF

The gross average earnings of part-time employees was HUF 495,900, 14.9 percent higher than a year earlier, and the net average earnings, calculated taking into account discounts, rose by 15.6...

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KSH: Budapest had the highest employment rate in the first quarter

In the first quarter, Budapest had the highest employment rate of 79.9 percent, and Somogy County the lowest with 66.3 percent – according to the publication of the Central Statistical...

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KSH: GDP last year also exceeded the pre-pandemic level

Hungary’s gross domestic product (GDP) was higher last year than the year before the coronavirus pandemic, the Central Statistical Office (KSH) announced on Wednesday, in connection with its publication “Hungary,...

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KSH: the acceleration of agricultural producer price increases came to a halt in May

In May, the average purchase price of agricultural products increased by 45.4 percent compared to a year earlier. The increase is 0.3 percentage points. More moderate than in April, after...

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KSH: the official website of the 2022 census has been launched

In time for World Population Day, the Central Statistical Office (KSH) launched the website www.nepszamlalas2022.hu for the census taking place between October 1 and November 28 this year. In its...

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KSH: consumer prices increased by 11.7 percent in June

In June, consumer prices exceeded a year earlier by an average of 11.7 percent. In the past year, the prices of food and durable consumer goods have risen the most,...

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Analysts say the data reflect the gradual recovery of tourism

The latest statistical data reflect the gradual recovery of tourism, domestic tourism may reach the pre-pandemic level this year – analysts told MTI about the latest data of commercial accommodation...

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KSH: the number of guest nights increased two and a half times compared to May 2021

In May this year, the number of guest nights increased by two and a half times, compared to May 2021, and decreased by 32 percent compared to the same month...

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KSH: the turnover of retail stores increased by 11.1 percent in May

According to the raw data, the volume of retail trade in May was 12.0 percent, and adjusted for the calendar effect, it exceeded the year before by 11.1 percent, the...

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Analysts: changes in shopping habits can be seen from the retail data

Household consumption may have peaked in May, the population has already used up most of the first quarter’s state benefits and is starting to transform the shopping habits in line...

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KSH: Industrial producer prices rose by 32.3 percent on an annual basis

In May, industrial producer prices rose by 32.3 percent year-on-year and by 2.6 percent month-on-month. Domestic sales prices were 43.3 percent higher, and forint-denominated export prices rose 26.7 percent, the...

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Analysts: the dynamic rise in earnings continued

Wage growth continued to be dynamic in April, and a shortage of labor could force employers to raise further wages for the rest of the year. On the demand side,...

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KSH: earnings increased by 15.9 percent

In April, the average gross earnings of full-time employees were 507,500 HUF, excluding public employees 518,500 HUF. The net average salary calculated taking into account the discounts reached 349,700 HUF,...

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KSH: the number of employees was 4,686,000 in May

In May, the number of employed people aged 15-74 was 4,686,000. For the March-May period, the average number of employees increased by 99,000 to 4,693,000 in one year, the Central...

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Analysts: employment is almost complete in Hungary

In a situation close to full employment, more and more vacancies are forcing companies to compete for wages, which will further fuel inflation, analysts who told MTI commented the latest...

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