Tag "KSH"
KSH and NGM concluded a strategic agreement
The KSH and the NGM concluded a strategic agreement in order to reduce data collection costs and data provider burdens, and to increase data integrity, and they also agreed on...
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The producer price of slaughter heifers increased the most
According to the AKI’s slaughter statistics data, cattle slaughter in January-August 2024, expressed in live weight, was 9.5 percent below the amount in January-August 2023. Cows, which account for two-thirds...
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Eggs cost more than 17 percent less
Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 21 percent to 57,000 tons in the first six months of 2024 compared to...
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KSH: retail turnover increased by 4.1 percent in August compared to the same period of the previous year
According to the raw data, the volume of retail sales in August increased by 3.2 percent, and adjusted for the calendar effect by 4.1 percent compared to the same period...
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NGM: the food industry and pharmaceutical production are also performing well
Based on Friday’s data from the Central Statistical Office (KSH), some sectors of the Hungarian economy perform better, others worse, but the Hungarian economy as a whole is growing. In...
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Government tightening in the employment of guest workers – what will the new draft regulation bring?
In his statement 18 years ago, Viktor Orbán suggested that foreign diplomats pay attention not to what he says, but to what he does. The Ministry of National Economy (NGM)...
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KSH: in July, the product foreign trade surplus was 167 million euros
In July, the volume of exports increased by 4.9 percent and that of imports by 7.1 percent compared to the same period of the previous year. The asset amounted to...
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KSH: Sales prices of the food industry decreased by 0.6 percent
In August 2024, industrial producer prices were on average 3.0 percent higher than a year earlier. Domestic sales prices increased by 1.2 percent and export sales by 4.0 percent, the...
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KSH: in August, the number of employed people was 4,748,000, the unemployment rate was 4.2 percent
In August 2024, the average number of employed persons aged 15-74 increased by 39,000 compared to the same period of the previous year, to 4,748,000. The number of unemployed was...
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KSH: Unemployment is at 4.2 percent, 210,000 people are without work
In August 2024, the average number of employed persons aged 15-74 increased by 39,000 compared to the same period of the previous year, to 4,748,000. The number of unemployed was...
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The price of chicken breast is 11 percent lower than a year ago
Based on data from the KSH, Hungary’s poultry meat exports increased by 2.5 percent to 106,000 tons in the first six months of 2024 compared to the same period in...
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Significant wage growth in Hungary: in July 2024, earnings continued to grow
According to the latest data from the Central Statistical Office (KSH), in July 2024, the gross average earnings of full-time workers rose to HUF 636,700, while the net average earnings...
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The export price of raw milk was 19 percent higher than the average producer price
According to AKI PÁIR data, the national average producer price of raw milk in Hungary was HUF 166.73/kilogram in August 2024. In addition to a 0.04 percentage point improvement in...
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Good wheat harvest this year
In its July forecast, the International Grains Council (IGC) predicts a global wheat crop of 801 million tonnes for the 2024-2025 financial year, up 1% vs. the previous season. This...
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The price of red and head cabbage also increased
According to KSH data, 35.3 thousand tons of head cabbage were produced in Hungary in 2023, 11 percent less than a year earlier. According to KSH data, Hungary’s head and...
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August inflation surprise: Slowing monetary deterioration, improving purchasing power
The latest inflation data from the Central Statistical Office (KSH) caused a significant surprise, as the rate of monetary deterioration slowed down to only 3.4 percent in August, which is...
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The price of eggs has decreased significantly in Hungary
In the first fifteen weeks of the year, the price of eggs fell well below last year’s level, according to the latest data. According to the report of the Agrárközgazdasági...
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KSH: in August, consumer prices increased by 3.4 percent on average compared to the same month of the previous year
In August 2024, they exceeded a year earlier by an average of 3.4 percent, and consumer prices did not change on average compared to July, the Central Statistical Office (KSH)...
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Inflation decreased, real yield increased: good news for investors
According to August inflation data, the pace of price increases in Hungary has been moderated, which is a positive development for both consumers and investors. According to the Central Statistical...
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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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