Tag "KSH"

Beef exports decreased by 24.7 percent

According to AKI’s slaughter statistics data, cattle slaughter in January-July 2024, expressed in live weight, was 10.2 percent lower than the amount in January-July 2023. Cows, which accounted for two-thirds...

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The corn and sunflower yield forecast has been changed

By the beginning of September, agricultural chamber yield estimation data based on both satellite and producer data are available for domestic corn and sunflower. For the former, the third lowest...

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KSH: industrial production fell by 1.3 percent in July

In July 2024, the volume of industrial production was 1.3 percent lower than a year earlier, adjusted for the working day effect, the Central Statistical Office (KSH) reported on Friday...

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KSH: retail turnover increased by 2.5 percent in July compared to the same period of the previous year

In July, according to raw data, the turnover volume of retail trade increased by 3.3 percent, adjusted for the calendar effect, by 2.5 percent compared to the same period of...

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160,000 to 180,000 tons of watermelons can be harvested this year

According to KSH data, 124.7 thousand tons of watermelons were harvested from 2.88 thousand hectares of production area in Hungary in 2023, which was 23 percent more than the amount...

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KSH: in the second quarter of 2024, according to raw data, the performance of the economy exceeded the same period of the previous year by 1.5 percent

The volume of Hungary’s gross domestic product in the second quarter of 2024 exceeded the same period of the previous year by 1.5 percent based on raw data, and 1.3...

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KSH: The volume of exports of food, beverages and tobacco increased by 8.2 percent, while the volume of imports decreased by 4.0 percent

In June 2024, the volume of exports was 8.1 percent, and that of imports was 5.2 percent less than in the same period of the previous year. The asset amounted...

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In August, the rate of increase in consumer prices slowed down in the euro area

In August, the rate of increase in the consumer price index slowed down in the euro zone to the extent expected by analysts, based on the preliminary estimate presented by...

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KSH: industrial producer prices in July increased by 2.5 percent compared to a year earlier and by 0.7 percent compared to the previous month

In July, industrial producer prices were on average 2.5 percent higher than a year earlier. The prices of domestic sales increased by 1.4 percent and those of export sales by...

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KSH and METU prepared a new analysis of the industry

In cooperation with the Central Statistical Office (KSH) and Budapest Metropolitan University (METU), experimental statistics on industrial production based on new data sources and methods were prepared – the KSH...

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Poultry slaughter increased by 11.9 percent in the first half of the year

118.5 million pieces of poultry were slaughtered in the first half of 2024, 11.9 percent more than in the same period of the previous year. The live weight of slaughtered...

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The export of live pigs increased by 38 percent

According to KSH data, Hungary’s live pig export increased by 38.7 percent to 14.7 thousand tons in January-May 2024 compared to the amount in January-May 2023. The main partners were...

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The producer price of broiler chicken decreased by 17 percent

Based on data from the KSH, Hungary’s poultry meat exports increased by 3 percent to almost 90,000 tons in the first five months of 2024 compared to the same period...

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Sándor Czomba: real wages also increased significantly in June, by more than 9 percent

Thanks to persistently low inflation and outstanding wage dynamics, real wages are rising continuously and significantly, stated Sándor Czomba, State Secretary of the Ministry of Economic Affairs (NGM) responsible for...

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The trends in the European egg sector are changing: decreasing imports, increasing exports in Hungary and the EU

In the first four months of 2024, significant changes can be observed in the egg sector of the European Union. The EU’s egg imports fell by almost a fifth, while...

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GKI: How do domestic companies perform in terms of digitalization compared to their EU competitors?

Based on the past decades, it is clear that companies that quickly adapt to changes in the technological environment are competitive. The economic development of a country largely depends on...

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The average yield of peaches and nectarines may be twice that of last year

In Hungary, the harvest of peaches and nectarines decreased to 13.80 thousand tons (-35 percent) in 2023 (Eurostat). According to the publication of the Agrárközgazdasági Intézet Informative report on summer...

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KSH: industrial production fell by 8.2 percent in June

In June 2024, the volume of industrial production was 8.2 percent, or 3.7 percent less than a year earlier, adjusted for the working day effect. The significant difference compared to...

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Significant expansion in live cattle exports, decline in beef exports

According to the AKI’s slaughter statistics data, cattle slaughter in January-June 2024, expressed in live weight, was 11.5 percent below the amount in January-June 2023. Cows, which account for two-thirds...

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Egg prices at the packing point have decreased in Hungary

According to data from the European Commission, the packing point price of table eggs in the EU was 214 euros/100 kilograms in the first thirty-one weeks of 2024, which decreased...

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GKI survey: How will wages develop in Hungary in 2024?

According to KSH data, in May 2024, the average gross salary in the corporate sector was HUF 664,000, which represents a 13% increase compared to the same period in 2023....

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KSH: in July, consumer prices increased by 4.1 percent on average compared to the same month of the previous year

In July 2024, consumer prices were on average 4.1 percent higher than a year earlier, the Central Statistics Office (KSH) reported on Thursday. Compared to June, prices rose by an...

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Gergely Fábián: peace is needed to restore the performance of industry

According to the State Secretary responsible for industrial policy and technology of the Ministry of Economy, peace is needed to restore the performance of industry, the ministry told MTI on...

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KSH: in June, retail turnover increased by 2.6 percent compared to the same period of the previous year, and decreased by 0.1 percent compared to the previous month

In June 2024, according to the raw data, the volume of retail trade increased by 1.7 percent, adjusted for calendar effects by 2.6 percent compared to the same period of...

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The producer price of domestic raspberries is lower

According to Eurostat data, raspberries were grown on 180 hectares in Hungary in 2023, and the annual yield was between 460 and 540 tons in recent years. According to KSH...

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KSH: The volume of exports of food, beverages and tobacco increased by 20 percent, while imports increased by 6.6 percent

In May, the product foreign trade surplus was 1.0 billion euros, the balance worsened by 218 million euros compared to a year earlier. Compared to April, the adjusted volume of...

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KSH: industrial producer prices in June 2024 rose by 2.7 percent compared to a year earlier and by 1.5 percent compared to the previous month

In June 2024, industrial producer prices were on average 2.7 percent higher compared to a year earlier. Domestic sales prices decreased by 0.2 percent, export sales increased by 4.2 percent,...

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The producer price of lamb increased by 20 percent

According to data from the European Commission, the European Union’s sheep and goat imports (live animals and meat) were 56.4 thousand tons in January-April 2024, which means a decrease of...

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The processing sales price of chicken breast fillets is 12 percent lower than a year ago

According to data from the European Commission, poultry meat exports from the EU (EU27) increased by 12 percent to almost 690,000 tons between January and April 2024 compared to the...

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The producer price of apricots decreased by 27 percent

According to KSH data, the apricot crop in Hungary ranged from 11,000 to 25,400 tons in the last five years. In 2023, the frost at the end of March caused...

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