Tag "KSH"
KSH: retail sales increased by 3.0 percent in July
In July, the volume of retail sales increased by 2.5 percent, according to the raw data, and by 3.0 percent compared to the same period of the previous year, the...
Read moreAnalysts: the performance of the Hungarian economy is balanced and exceededs pre-pandemic levels
The performance of the Hungarian economy in the second quarter exceeded not only the level of the second quarter of 2019, but also of the last quarter before the pandemic,...
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A statistical report
Every year the Guild of Hungarian Restaurateurs (MVI) publishes its statistical report about the hospitality sector, which is based on data provided by the Central Statistical Office (KSH). What you...
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KSH: industrial production grew by 7.3 percentage points and services by 7.0 percentage points in the second quarter
The volume of gross domestic product (GDP) increased by 17.9 percent in the second quarter, compared to the same period last year, the Central Statistical Office (KSH) confirmed on Wednesday...
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Imports grew faster than exports
In June, the value of exports in euros increased by 21.8 percent, imports by 25.1 percent, and the export surplus of 629 million euros was 98 million less than a...
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KSH: earnings increased in June
In June, both gross and net average earnings excluding benefits increased by 3.5 percent from a year before. Net earnings, taking into account discounts increased by 3.1 percent, the Central...
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Analysts wage competition in a tight labor market also carries inflationary risks
In addition to the lifting of restrictions in the third wave and the recovery of the service sector, seasonal factors also helped achieve a historic employment level in July. However,...
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KSH: the number of employees was 4.7 million in July
In July, the average monthly number of employees aged 15-74 was 4,704,000, the Central Statistical Office (KSH) announced on Friday. The figure is 12,000 more than in the previous month...
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The rise in agricultural purchase prices accelerated further in June
In June, the average purchase price of agricultural products was 20.5 percent higher than a year before, which is an increase of 3.1 percentage points from 17.4 percent a month...
Read moreKSH: GDP grew by 17.9 percent year-on-year in the second quarter
In the second quarter, Hungary’s gross domestic product (GDP) was 17.9 percent higher than a year before, according to raw data, and 17.7 percent higher, according to seasonally and calendar-adjusted...
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Inflation has moderated
In July, consumer prices were on average 4.6 percent higher than a year before, and the prices of alcoholic beverages, tobacco and fuel have risen significantly in the past year,...
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KSH: the number of guest nights more than doubled in June
The number of guest nights spent in commercial accommodation increased by more than 1.5 times in June, compared to June 2020, but decreased by 57 percent, compared to the same...
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KSH: retail sales increased by 5.8 percent in June
According to the raw data, the volume of retail trade increased by 6.2 percent in June and by 5.8 percent, adjusted for calendar effects, compared to the same period of...
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KSH: earnings continued to grow
Earnings rose 8.2 percent in May from a year before. The average gross earnings of full-time employees of enterprises with at least 5 employees, budgetary institutions and non-profit organizations significant...
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For more than a year, in the shadow of COVID, the retail sector
According to data published by the CSO at the beginning of last summer, the volume of retail sales decreased by 10% in April last year compared to April 2019. This...
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KSH: The number of employees increased in June
In June, the average monthly number of employees increased by 85,000, compared to the previous month, and by 98,000 compared to June last year, reaching 4,692,000, the Central Statistical Office...
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KSH: huge decline in tourism and hospitality in 2020 due to the pandemic
The pandemic caused by the coronavirus and the related restrictive measures caused a significant decline in almost all segments of Hungarian tourism and hospitality in 2020, as a result of...
Read moreKSH: sales of Internet services grew dynamically
Sales of Internet services grew dynamically, in 2020 the total net sales of Internet access services were 326 billion HUF, which is an increase of 8.2 percent in one year...
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Analysts: inflation is worse than expected
According to analysts interviewed by MTI Inflation turned out worse than expected in June. The expect the central bank to continue raising interest rates. According to a report by the...
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KSH: prices increased by 5.3 percent on an annual basis In June
In June, consumer prices were on average 5.3 percent higher than a year before, and the prices of alcoholic beverages, tobacco and fuel have risen significantly in the past year,...
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KSH: the number of guest nights more than tripled compared to May 2020
As a result of easing protection measures for commercial accommodation to curb the pandemic, the number of nights spent by domestic guests in commercial accommodation tripled in May, compared to...
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Hospitality’s present and perspectives
László Kovács, president of the Guild of Hungarian Restaurateurs (MVI) gave a presentation at BKIK’s conference about the present and the near future of the hospitality sector. He told that...
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KSH: retail sales increased on an annual basis
In May, the volume of retail trade turnover was 5.8 percent higher than in the same period of the previous year, according to both raw and calendar-adjusted data, the Central...
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KSH: earnings achieved double-digit growth again
In April, the average gross earnings of full-time employees were 440,600 HUF, and the net average earnings excluding benefits were 293,000 HUF, both 10.1 percent higher than a year before,...
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KSH: has increased the number of employees
In May, the average monthly number of employed persons aged 15-74 increased by 55,000 compared to the previous year, and by 47,000 compared to the previous month, and reached 4,607,000,...
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‘Let’s not make our dreams the foundation stone of development projects!’
The pandemic showed that the food industry is crisis-resistant. Our magazine interviewed Tamás Éder, president of the Federation of Responsible Food Manufacturers (FÉSZ). What was 2020 like for the food...
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KSH: half as many foreigners arrived, and their expenditures decreased by 56 percent
In the first three months of this year, due to the Covid-19 pandemic and related restrictions, the number of foreigners visiting Hungary fell by almost half compared to a year...
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Conscious home stores did not save on improvements
According to KSH data, in 2020 the volume of domestic retail sales decreased by 0.3% compared to a year earlier, so the coronavirus outbreak and the accompanying restrictions broke an...
Read moreKSH: performance in the Hungarian beer industry fell last year
The performance of the beer industry fell by an unprecedented 13 percent last year, while that of the entire food industry fell by just 1 percent, according to an analysis...
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