Tag "KSH"

BDO: the growth of the tourism industry can reach double-digit growth this year

The tourism sector’s revenue growth could be up to more than 10 percent this year. Boosting domestic demand plays a significant role in it – BDO Hungary’s Hotel and Real...

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Eating habits will be assessed again

Hungarian eating habits will be assessed again as part of the European Population Health Survey – the head of department of the National Institute for Pharmacy and Nutrition (OGYÉI) said....

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Expensive tomato

As of 1 January 2019 the VAT on UHT and ESL milk reduced from 18 to 5 percent. Data from the first 32 weeks of the year indicate that the...

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Growth in agricultural producer prices has slowed down

In July, the annual growth rate of agricultural producer prices declined to a single-digit level. Following a 10.5 percent rise in June, acquisition prices were 8.5 percent higher in July...

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KSH: the turnover of commercial accommodation decreased in July

In July, the number of foreign visitors decreased by 2.4 percent and the guest nights spent by them decreased by 5.4 percent. In July, 687,000 guests spent 1,884 million guest...

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KSH: consumer prices rose by 3.1 percent in August

In August, consumer prices rose by an average of 3.1 percent year-on-year, down 0.1 percent from July – the Central Statistical Office (KSH) announced on Tuesday. The annual rate of...

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Analysts: the rise in wages lays the foundations for retail sales growth

In July, after two months of modest growth, retail business turnover increased dynamically again. The double-digit wage growth predicting continued sustained growth in consumption and retail, thereby remaining an important...

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KSH: retail sales growth accelerated further

According to the raw data, retail sales grew 6.9 percent in July, while calendary effect adjusted by 6.4 percent, compared to the same period of the previous year, following the...

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KSH: export surplus was 488 million euros in June

In June, the value of exports in euro terms fell by 7.3 percent, while the value of imports fell by 2.3 percent, and the export surplus of 488 million euros...

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KSH: services and investments contributed the most to the GDP growth in the second quarter

Gross domestic product (GDP) increased by 4.9 percent in the second quarter compared to the same period of last year, up 1.1 percent from the previous quarter, according to the...

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Analysts: wages increased significantly in June

Wages increased significantly in June. The growth is mostly influenced by the continued strong demand for labor, analysts say. The Central Statistics Office announced on Friday that in June gross...

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KSH: earnings continued to rise

In June, average gross earnings were 364,800 HUF, 10.6 percent higher than the year before – the Central Statistical Office (KSH) told MTI on Friday. According to the data of...

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Investments increased by 18.8 percent in the second quarter

In the second quarter, the dynamic expansion of national investments continued throughout the year. The volume of developments was 18.8 percent above last year’s level of 16.2 percent – the...

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The number of employees continued to increase

During the three-month period of May-July, the average number of employees was 4 million 518 thousand, 34 thousand, or 0.8 percent more than a year before. The employment rate of...

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Statistical data about the hospitality sector in 2018

Károly Zerényi, a member the Guild of Hungarian Restaurateurs’ (MVI) body of representatives has prepared a report on the performance of Hungary’s hospitality sector in 2018, based on the new-methodology...

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Analysts: GDP growth outperformed expectations in the second quarter

The second quarter GDP growth has outperformed market expectations. Analysts interviewed by MTI are expecting faster growth for the year as a whole than the government and the central bank....

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KSH: GDP increased by 4.9 percent in the second quarter

Hungary’s gross domestic product (GDP) grew by 4.9 percent in the second quarter and by 5.1 percent in the second quarter, according to seasonally and calendar-adjusted and balanced data, compared...

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KSH: the rise in agricultural producer prices accelerated further in June

In June, agricultural producer prices increased by an average 10.5 percent, compared to the average of the previous year. The annual increase in crop and horticultural products jumped from the...

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KSH: the revenues of commercial accomodiations increased by 13.3 percent in June

In June, the number of foreign visitors increased by 5.0 percent, while the number of guest nights increased by 3.7 percent, the number of domestic guests increased by 2.8 percent...

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Consumer prices increased by 3.3 percent in July

In July, consumer prices were 3.3 percent higher on average year-on-year, and were 0.2 percent higher compared to June – according to the Central Statistical Office (KSH). Inflation declined further,...

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The first-half annual export surplus is 3.3 billion euros

In the first half of the year, the value of exports in euros increased by 3.2 percent and imports by 5.0 percent. The export trade surplus was 3,328 billion euros,...

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Analysts: industrial production data indicate a slowdown in economic growth

Economic growth peaked in the first quarter and a slowdown in GDP growth started in the second quarter, according to analysts interviewed by MTI on the first estimate on industrial...

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More hens, less pigs

The number of pigs in Hungary decreased by about 20,000 compared to a year ago, and by nearly 32,000 compared to December last year. The number of hens increased by...

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KSH: retail sales increased by 5.2 percent in June

According to the raw data retail sales grew by 4.3 percent in June. The calendar effect adjusted growth became 5.2 percent year-on-year – the Central Statistical Office (KSH) announced on...

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KSH: exports increased more than imports in May

In May, exports were up 4.6 percent year-on-year and imports were up 2.9 percent year-on-year, so the monthly export surplus became 674 million euros, 181 million euros more – according...

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KSH: double-digit earnings growth again in May

In May, gross and net average earnings were 11.2 percent higher than a year before. After the 9.0 percent growth in April a double-digit growth occured in May. Excluding the...

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KSH: unemployment fell to 3.3 percent in the second quarter

In April-June, the average number of unemployed was 155,000, and the unemployment rate was 3.3 percent, a new record after the 3.4 percent of a month before. The indicators of...

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KSH: employment continued to grow in the second quarter

The average number of employees in the April-June period was 4 million 511,000, u 36,000 more than a year before. The average number of employees also exceeded 4.5 million in...

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Hungary is getting closer to the average of the EU in Internet availability

In 2018, 83 percent of the Hungarian households had Internet access and 58 percent of people used their mobile phones to access the Internet – Világgazdaság Online wrote on the...

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Domestic destinations are popular

According to the KSH, the price of domestic holidays increased by 8 percent in one year, however, according to a survey, the number of Hungarians planning a vacation increased from...

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