Tag "KSH"
KSH: GDP fell by 13.6 percent in the second quarter
Gross domestic product (GDP) fell 13.6 percent year-over-year in the second quarter. According to the seasonally and calendar-adjusted data, the performance of the economy decreased by 13.5 percent compared to...
Read moreAnalysts: economic growth indicators may significantly improve in the third quarter
Seeing the breakdown of gross domestic product (GDP) in the second quarter released on Tuesday, analysts told MTI that they look to the next quarter with cautious optimism. They expect...
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KSH: foreign trade surplus reached 655 million euros in June
Exports value in euros, fell by 3.2 pe cent and imports by 5.1 percent year-on-year in June, with the export surplus increased by 145 million euros to 655 million euros,...
Read moreInvestment fell nearly 10 percent in the second quarter
The volume of investments was 9.9 percent lower in the second quarter and 6.3 percent lower in the first half of the year than in the same period last year...
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KSH: The average gross earnings were 395 thousand HUF in the first half of the year
In the first half of the year, the gross average salary was 395 thousand HUF and the net average salary without discounts was 262,600 HUF, both of which increased by...
Read moreThe foreign trade surplus in services was 790 million euros in the second quarter
Exports of services in euros fell by 40.1 percent and imports by 25.0 percent in the second quarter year-on-year. The asset was 790 million euros, 1,634 million euros less than...
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The store went down 17,000 in June
The shopkeeper market has already returned to its previous form in terms of spending in June, but with 17,000 fewer employees, including 14,000 fewer sellers than before the epidemic period....
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KSH: 79,000 less workers than a year ago
In the three-month period of May-July, the average number of employees was 4,439,000, 1.7 percent lower than a year earlier, which is a decrease of 79,000 in one year. The...
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Listen, you spent more in July again
Purchases in shops increased in July. At a slightly higher rate than in June, in July by 1-1.5 percent. In the larger grocery stores, we spent 10 percent more, but...
Read moreKSH: economic performance decreased by 13.6 percent in the second quarter
According to raw data, Hungary’s gross domestic product (GDP) fell by 13.6 percent seasonally and calendar-adjusted, while according to the balanced data by 13.5 percent in the second quarter, compared...
Read moreGKI: An attempt to rapidly measure the coronavirus crisis and economic performance
The application of big data analysis methods and machine learning has created new opportunities in the preparation of economic analyzes and forecasts. Based on the information available to it, the...
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Unemployment figures are better than expected
Unemployment figures in Hungary are much better than expected – Szalai Piroska, labor market expert told M1 news channel on Thursday. She recalled that, according to a report by the...
Read moreKSH: consumer prices rose by 3.8 percent in July
In July, consumer prices were on average 3.8 percent higher than a year before. Over the past year, the prices of food and spirits and tobacco have risen significantly –...
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Hospitality 2020
Revenues in commercial and workplace catering in Hungary fell by more than 30 percent in the first six months of 2019. This means that sales in the hospitality business were...
Read moreKSH: foreign trade surplus was 697 million euros in June
In June, the value of exports in euros decreased by 3.1 percent and imports by 5.7 percent year-on-year. The foreign trade balance of products improved by 201 million euros and...
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KSH: the number of guest nights decreased by 75.2 percent in June
As a result of the coronavirus pandemic in June, the number of nights spent by foreign guests in commercial accommodation fell by 93.2 percent and the number of nights spent...
Read moreKSH: the turnover of retail stores did not change in June
The retail stores could be open in June without pandemiological restrictions in the whole country, so according to the raw data, the volume of their turnover increased by 0.8 percent,...
Read moreITM: retail sales could be positive again this year
Retail sales could be positive again this year, after a short period of recovery, thanks to government action, Secretary of State of the Ministry of Innovation and Technology’s (ITM) said...
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KSH: average gross earnings were 390 thousand HUF in the first five months
In May, the average gross earnings were 398,800 HUF, 9.4 percent higher than a year before. In the first five months of the year, gross average earnings were 390,000 HUF...
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KSH: 103 thousand less people were imployed worked in the second quarter than a year ago
In the April-June period, the average number of employees was 4,408,000, and the employment rate for those aged 15-64 was 68.7 percent. The number of employees decreased by 103 thousand...
Read moreHooray! The shop world might have grown in July
The total of the indicator of KSH is above zero for the first time since the pandemic period. Also in larger grocery stores. The unpleasant surprise is that the telecommunications...
Read moreKSH: the annual rise in the purchase price of pork has stopped in May
In May, the purchase price of live pigs decreased by 3.3 percent compared to a year before, while in the previous month it increased by another 21.1 percent. The reason...
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MTÜ: the number of guest nights is increasing dynamically
The June data show that the number of guest nights in the country is growing at a dynamic pace, with 500,000 guests spending almost one and a half million guest...
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Rising food prices
According to statistics, average annual inflation was only 2.9% in June, but food prices continued to rise far above average, with some products rising by more than 10-20%. GKI analysts...
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KSH: The number of Hungarian visits abroad decreased more than inbound tourism in the first quarter
As a result of the travel restrictions introduced in mid-March due to the pandemic, the upward trend of foreigners ‘visits to Hungary and Hungarians’ international travel, which was characteristic of...
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KSH: tourist attraction of the spas and the capital is still unbroken
The tourist attraction of spas and the capital is unbroken: based on the number of guest nights, the Hungarian settlement known for its spas has been one of the 10...
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In May, the KSH had a foreign trade surplus of 155 million euros
In May, the value of exports in euros decreased by 29 percent and imports by 25 percent compared to the same period of the previous year. The KSH added that...
Read moreKSH: consumer prices rose by 2.9 percent in June
In June, consumer prices were on average 2.9 percent higher than a year before. Over the past year, the prices of food and spirits and tobacco have risen significantly –...
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KSH: the number of guest nights decreased by 92.7 percent in May
In May, as a result of the coronavirus pandemic, the number of nights spent by foreign guests in commercial accommodation fell by 98.4 percent and the number of nights spent...
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