Tag "KSH"
KSH: Gross average earnings increased compared to last year
In June of this year, the gross average earnings of full-time employees was HUF 566,800, and the net average earnings, calculated taking discounts into account, was HUF 390,900. The gross...
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GFM: the price of food included in the price monitor has decreased by an average of 7 percent since its launch
The price of food products included in the price monitor has decreased by an average of 7 percent since its launch, the Ministry of Economic Development (GFM) announced on Friday....
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KSH: The food industry, which benefits from the processing industry by 12 percent, fell short of a year earlier
In June, the volume of industrial production was 3.8 percent lower than a year earlier. Adjusted for the working day effect, production decreased by 6.1 percent – the Central Statistics...
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We have to pay slightly more for peaches than last year
According to Eurostat data, the peach and nectarine harvest increased to 21.8 thousand tons (+90 percent) in 2022. According to the publication of the Agrárközgazdasági Intézet Informative report on summer agricultural...
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Márton Nagy: the government has halved food inflation compared to its peak
According to the latest data from the Central Statistical Office (KSH), the government is increasingly reducing inflation, and in July 2023 the rate of inflation has already dropped to 17.6...
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KSH: consumer prices increased by 17.6 percent on average in July, and food prices decreased by 0.9 percent on average
In July, consumer prices increased by 17.6 percent on average compared to the same month of the previous year, and food prices decreased by an average of 0.9 percent compared...
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Retail turnover decreased by 8.3%
In June, according to raw data, the volume of retail trade decreased by 7.8%, close to expectations, and by 8.3% when adjusted for calendar effects, significantly easing compared to the...
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The raspberry growing area has been continuously decreasing since the turn of the millennium
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. Eurostat data...
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KSH: in May, the product foreign trade surplus was 1.1 billion euros
In May, the export volume increased by 3.9 percent, while the import volume decreased by 1.3 percent compared to the same period of the previous year. The assets were 1.1...
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KSH: Sales prices in the food industry rose by 19.4 percent
In June, industrial producer prices were on average 6.4 percent higher than a year earlier. Domestic sales prices increased by 29.8 percent, export sales decreased by 5.0 percent, the Central...
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K&H: there is still something to make up for Hungarians preparing for a holiday abroad
Although the impact of the epidemic is slowly starting to fade from tourism, there is still plenty to gain in terms of foreign travel compared to the level before the...
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The producer price of light lamb increased by 6 percent, and that of heavy lamb by 3 percent
According to data from the European Commission, the European Union’s sheep and goat imports (live animals and meat) were 28,000 tons in January-April 2023, which represents an 11 percent increase...
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KSH: The average gross salary in May was HUF 567,800
The gross average earnings of those employed full-time was HUF 567,800, and the average net earnings calculated with discounts taken into account was HUF 391,500 in May 2023, the Central...
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Thousands of shops closed in Hungary last year
Last year, thousands of shops and restaurants closed in Hungary, which experts primarily attribute to high energy prices, declining consumption, and a weak forint compared to the euro. By the...
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KSH: agricultural purchase prices fell in May
The average purchase price of agricultural products in May was lower than a year ago for the second month running, after 7.2 percent in April, they decreased by 1.1 percent....
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Hungarians can’t even imagine their diet plans without meat
Pápai Hús Kft. has conducted an online survey on conscious eating and meat consumption, with more than 4,000 participants. This article is available for reading in Trade magazin 2023/6-7. 20%...
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KSH: in June, prices increased by 20.1 percent compared to the same month of the previous year
In June, consumer prices were on average 20.1 percent higher than a year earlier. In the past year, household energy and food prices have risen the most, the Central Statistics...
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Minister of Economic Development: we are on the right track in the fight against inflation
Thanks to the government’s targeted measures, the trend-like and ever-increasing decrease in sanctioned inflation continued: according to the latest data from the KSH, in June 2023 – by another 1.4...
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KSH: The turnover of retail stores decreased by 12.3 percent in May
In May, the volume of retail trade – with a significant base effect – decreased by 12.7 percent in raw data, and by 12.3 percent when adjusted for calendar effects,...
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KSH: Industrial production fell by 8.3 percent in April
In April 2023, the volume of industrial production was 8.3 percent lower than a year earlier; adjusted for the working day effect, production decreased by 5.8 percent – the Central...
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Márton Nagy: For the first time since November 2020, inflation has decreased “visible” on a monthly basis
Inflation decreased noticeably on a monthly basis for the first time since November 2020, according to the data released by the Central Statistical Office (KSH), as highlighted by Minister of...
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KSH: in May, prices increased by 21.5 percent compared to the same month of the previous year
In May, consumer prices on average exceeded the previous year’s levels by 21.5 percent. Household energy and food prices saw the highest increases over the past year, according to the...
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Retail sales went downhill
According to the Central Statistical Office (KSH), like-for-like retail volume sales were down 12.6% in March 2023; adjusted for calendar effects, the sales decrease was 13.1%. Grocery stores saw their...
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The 2022 ranking of FMCG retailers is out now – Unbeatable top 3
2022 was yet another year when discounters continued their superb performance. This is why it isn’t surprising at all that Lidl held on to the No.1 spot with a comfortable...
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Industrial producer prices have risen, and export prices have already fallen
In April 2023, industrial producer prices rose by an average of 15.9 percent compared to a year earlier. Domestic sales prices increased by 41.9 percent, export sales by 3.3 percent,...
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GFM: the volume of investments also increased significantly in the field of agriculture
According to the data of the Central Statistical Office (KSH), in the first quarter of 2023, the amount of investments decreased by 2.8 percent on an annual basis. The result...
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KSH: investments decreased by 2.8 percent in the first quarter
The volume of investments in the first quarter of 2023 decreased by 2.8 percent compared to the same period of the previous year, and compared to the previous quarter –...
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KSH: the increase in agricultural purchase prices slowed down in March
In March, the increase in agricultural producer prices slowed by 21.9 percentage points: purchase prices were on average 5.1 percent higher than a year earlier, compared to the 27.0 percent...
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KSH: industrial production fell by 4.1 percent in March
In March, the volume of industrial production was 4.1 percent lower than a year earlier. Adjusted for the working day effect, production decreased by 4.0 percent – the Central Statistics...
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A census is started on the state of agriculture
The Central Statistical Office (KSH) will start an agricultural census on May 15 in order to assess the situation of Hungarian agriculture by July 15 and get an idea of...
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