Tag "KSH"
KSH: retail sales fell by two percent in March
In March, according to raw data, retail sales decreased by 1.5 percent and calendar effects by 2.0 percent compared to the same period last year. Compared to the previous month,...
Read moreKSH: changes in the calculation of core inflation
Taking into account European best practices, the Central Statistical Office (KSH) will change the range of products and services used to calculate core inflation from April: in the future, changes...
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KSH: earnings increased by 9.8 percent in February
In February, both gross and net average earnings excluding benefits increased by 9.8 percent year-on-year. Net earnings, taking into account discounts, increased by 9.5 percent, the Central Statistical Office (KSH)...
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KSH: The number of employees increased in March
In March, the average monthly number of employees aged 15-74 was 4,616,000, which is 41,000 more than a year before and 66,000 more than in the previous month, the Central...
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Analysts: inflation may continue to accelerate
In line with expectations, the rise in inflation in March and the rise in world oil prices and excise duties on tobacco products are expected to accelerate further – market...
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KSH: retail sales decreased by 5.9 percent in February
According to raw data, retail sales fell by 5.6 percent in February and by 5.9 percent, adjusted for calendar effects, compared to the same period of the previous year. The...
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KSH: consumer prices rose by 3.7 percent in March
In March, consumer prices were on average 3.7 percent higher than a year before. Prices rose by an average of 0.7 percent in one month, the Central Statistical Office (KSH)...
Read moreAnalysts: retail does not support first-quarter economic growth
Retail is on a downward trend and, taking into account the pandemiological restrictions in March, is expected to make a negative contribution to GDP in the first quarter, analysts reporting...
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KSH: about 234 thousand farms are operating in Hungary
Nationwide, about 234,000 farms participated in the Central Agricultural Office’s full in the the 2020 Agricultural Census – Patay Ágnes, project manager of the Agricultural Census said at an online...
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KSH: In 2020, three times as many people worked from home as in the previous ten years
Last year, the proportion of teleworkers or home office workers in Hungary tripled to 8.9 percent on average over the past ten years, to 8.6 percent – the Central Statistical...
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In February, the number of employees was 4,550,000
In February, the average monthly number of employees aged 15-74 was 4,550,000, which is 104,000 less than a year before, but 14,000 more than in the previous month, largely as...
Read moreKSH: mobile data traffic increased 1.5 times in the last quarter of last year
The data traffic of the Hungarian mobile network continues to grow, last year in the fourth quarter it was 1.5 times higher than a year before, 167 petabytes. Ninety-three percent...
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KSH: The number of guest nights decreased by 90 percent in January
As a result of entry restrictions and epidemiological measures for commercial accommodation, the number of guest nights spent in commercial accommodation decreased by 89.8 percent in January compared to a...
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Analysts expect further acceleration in inflation in the spring months
In terms of both magnitude and structure, February inflation was in line with expectations, according to analysts who expect a further rise due to the base effect of fuel prices...
Read moreKSH: consumer prices rose by 3.1 percent in February
In February, consumer prices were 3.1 percent higher than a year earlier and up 0.7 percent from the previous month – the Central Statistical Office (KSH) reported on Tuesday. Annual...
Read moreKSH: transport performance decreased by 5.8 percent in the fourth quarter of last year
In the fourth quarter of last year, mainly due to the decline in road transport, the performance of freight transport decreased by 5.8 percent compared to a year earlier. Rail...
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Preliminary statistical results
Károly Zerényi, member of the body of representatives of the Guild of Hungarian Restaurateurs (MVI) shared the preliminary statistical results on the changes in the trade with our magazine. According...
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KSH: agricultural production decreased in volume, increased in value in 2020
In 2020, agricultural production fell by 2.2 percent at previous year’s prices, but at current prices it was 4.8 percent higher than a year earlier, thanks to a 7.2 percent...
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Retail sales fell 1.8 percent at the beginning of the year on an annual basis
Compared to the previous month, the seasonally and calendar-adjusted volume of retail trade sales increased by 0.5 percent in January. Compared to a year earlier, according to the raw data,...
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Analysts: strong rebound potential in last year’s fourth-quarter GDP data
This year’s economic outlook is viewed differently by analysts interviewed by MTI; there were those who believed that last year’s upward-revised fourth-quarter GDP figure indicated a significant rebound potential, and...
Read moreKSH: GDP grew by 1.4 percent in the fourth quarter of last year
The volume of gross domestic product (GDP) decreased by 3.6 percent in the fourth quarter of last year, compared to the same period of the previous year. The seasonally and...
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KSH: investments increased in the fourth quarter of last year
In contrast to the decline in the first three quarters of last year, the volume of investments increased by 2.5 percent in the fourth quarter compared to a year earlier....
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KSH: employment decreased in January
The average monthly number of employees was 4,537,000. Partly as a result of the pandemic, partly due to seasonal effects, the number of employees decreased by 97 thousand compared to...
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Analysts: the pace of wage growth will slow this year
Compared to the performance of the economy, wage growth was particularly dynamic last year, but this year the pace may slow markedly, as already indicated by the agreement on the...
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KSH: real earnings grew by 6.2 percent in 2020
The average gross earnings of full-time employees were 449,400 HUF last December, 10.6 percent higher than a year earlier. In 2020, gross average earnings reached 403,600 HUF and net average...
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The median wage has risen by 91 percent since 2010
In ten years, the average wage and the median wage also increased strongly in Hungary – the Vice-President of the Central Statistical Office (KSH) told MTI on Tuesday. Windisch László...
Read moreAnalysts: GDP growth by the end of 2020 may indicate a faster-than-expected recovery
Gross domestic product (GDP) growth in the fourth quarter of last year became higher than the analysts’ expectations. It suggests a much higher-than-expected recovery capacity in the economy, meaning a...
Read moreKSH: GDP decreased by 5.1 percent in 2020
Hungary’s gross domestic product (GDP) increased by 1.1 percent in the fourth quarter of last year, compared to the previous quarter and decreased by 3.7 percent, compared to the same...
Read moreKSH: consumer prices rose by 2.7 percent in January
In January, consumer prices were on average 2.7 percent higher than a year before – the Central Statistical Office (KSH) announced on Friday. The data is in line with analysts...
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The number of guest nights decreased by almost 93 percent in December
In December last year, 92.5 percent fewer domestic guests and 89.0 percent fewer guest nights were spent in commercial accommodation establishments than a year before. The number of foreign guests...
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