Tag "KSH"
These data are required for the 2022 damage mitigation allowance application
After agricultural damage that occurred in the 2022 damage mitigation year, the application for damage mitigation benefits can be submitted until November 30, 2022 by the injured parties who announced...
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KSH: the unemployment rate was 3.8 percent in September
In September, 185,000 people were without a job, the unemployment rate was 3.8 percent. In the three-month period from July to September, the average number of unemployed was 178,000, and...
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KSH: in August, the increase in the price of animal products dragged down agricultural prices
The increase in agricultural purchase prices continued to accelerate in August due to the sharper increase in the price of live animals and animal products – according to the latest...
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KSH: food prices rose by 3.5 percent in September, and by 35.2 percent in one year
In September, consumer prices were on average 20.1 percent higher than a year earlier. In the past year, the prices of household energy and food have risen the most, the...
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“I wrote this when the sky was still serene”…
…this is how Hungarian poet Mihály Vörösmarty starts his poem, Prologue, which later reaches the point where “it’s winter now and death and snow and stillness”. Well, when I wrote...
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Analysts: in August, fuel turnover maintained the growth of retail trade turnover
In August, fuel traffic was almost the only factor that kept retail sales afloat, and analysts speaking to MTI do not rule out a decrease in consumption in the future...
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KSH: this year, the yield of the five main ear crops did not reach 6 million tons in Hungary
Due to the lack of rainfall and heat waves, the yield of the five main grain crops – wheat, barley, rye, oats and triticale – fell significantly: the harvested amount...
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Inflation manifests in retail trade with a delay
In most cases strong market competition delays the price increase of products sold in e-commerce – reported the price comparison website Olcsóbbat.hu, having analysed the price changes of more than...
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FMCG retail trade declined in July
According to the raw data of the Central Statistical Office (KSH), the volume of retail trade in July 2022 exceeded that in July 2021 by 3.8%. The data adjusted for...
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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...
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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...
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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...
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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....
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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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...
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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....
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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....
Read moreFood 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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