Tag "KSH"

Inflation of food prices over 30% in August

Food prices in August 2022 exceeded by 15.6% on average the prices recorded in August 2021. In the past one year, food and consumer durables incurred the highest price increase...

Read more

Future Trade conference 2022: Which way to go, e-commerce?

In May the second Future Trade conference was organised in Budapest. Participants discussed the latest trends, solutions and technologies that online retailers can use to stay in the game. The...

Read more

KSH: in July, the shortfall in foreign trade was 1.3 billion euros

In July, the value of exports expressed in euros increased by 12.8 percent and imports by 24.1 percent compared to a year earlier, the deficit increased by 1.123 billion euros...

Read more

KSH: it has been a long time since unemployment was this low

In August, the average number of employed persons aged 15-74 was 4,713,000, it remained above 4.7 million for the third month, and decreased by barely a thousand in one month....

Read more

Inflation is lower in Romanian grocery stores than in Hungary

Although, according to official data, the rate of inflation in Romania was not much lower in August than in Hungary, the prices of several products that are extremely expensive at...

Read more

The European apple crop may be weaker than expected

WAPA (World Apple and Pear Association) has reduced its forecast for the European apple harvest by 90 thousand tons – the FruitVeb Hungarian Vegetable and Fruit Association and Product Council...

Read more

It is not enough that bread has become more expensive by 70 percent, it can be even more expensive

Escaping overhead is also a serious problem for Hungarian bakery businesses – Pénzcentrum points out in a recent article. And although the Hungarian Bakers’ Association does not yet have specific...

Read more

The arable area increased by 32 thousand hectares compared to last year

The size of the agricultural area is 5 million 81 thousand hectares, almost 55 percent of the country’s area, the arable area increased by 32 thousand hectares in one year,...

Read more

KSH: the increase in agricultural producer prices continued to accelerate in July

In July, the producer price of agricultural products was on average 50.7 percent higher than a year earlier, the rate of increase accelerated by 2.4 percentage points after June’s 2.9...

Read more

According to the KSH, agricultural producer prices increased by 40 percent in the first half of the year

Agricultural producer prices increased by 40 percent in the first half of 2022, the prices of plant products and animals and animal products also increased significantly, by 44 percent and...

Read more

The desire of Hungarians to travel abroad increased in the second quarter

Between April and June of this year, Hungarians traveled abroad 4.7 million times, 53 percent more than in the period affected by the epidemic a year earlier, but compared to...

Read more

KSH: the desire of Hungarians to travel abroad increased in the second quarter

Between April and June of this year, Hungarians traveled abroad 4.7 million times, 53 percent more than in the period affected by the epidemic a year earlier, but compared to...

Read more

KSH: here are the foods that experienced the most significant inflation in one year

In August, consumer prices exceeded a year earlier by an average of 15.6 percent, and increased by 1.8 percent in one month, the Central Statistical Office (KSH) reported on Thursday....

Read more

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)...

Read more

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...

Read more

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...

Read more

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...

Read more

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....

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more

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...

Read more
Oldal