Tag "KSH"
KSH: Easter effect determined the March tourism data
In March, the Easter effect determined the tourism statistics. While the number of nights spent by foreign and domestic guests decreased, compared to the third quarter of last year as...
Read moreKSH: consumer prices increased by 3.9 percent in April
In April, consumer prices were on average 3.9 percent higher than a year before, with prices rising 0.9 percent on average in March – the Central Statistical Office (KSH) announced...
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KSH: 677 million euros export surplus in March
In March, the value of commodity exports in euro rose by 4.9 percent and imports by 5.6 percent, compared to the same period of last year. The commodity turnover surplus...
Read moreAnalysts: encouraging retail data for the first quarter GDP
Despite the slowdown in retail sales in March due to Easter, the first quarter indicator shows a pick-up in the last quarter of last year, which is an encouraging sign...
Read moreKSH: retail sales increased in March
In March, retail sales grew by 4.9 percent, compared to a year before. Calendar effect adjusted the growth was 5.9 percent, mainly due to Easter – the Central Statistical Office...
Read moreKSH: export surplus is decreasing
In February, the value of exports in euro was 6.2 percent, imports were 7.3 percent higher than a year before. The foreign trade surplus became 816 million euros. It was...
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Analysts: wage increases are driven by labor shortages
First of all, labor shortages are driving wages up and strong growth can last until the favorable pace of economic growth persists – market analysts commented on the latest report...
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KSH: earnings growth accelerated in February
In February, gross and net average earnings were 12.1 percent higher than a year before, after the 10.6 percent in January. In the first two months of the year, salaries...
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KSH: the number of employees is close to 4.5 million
In the first quarter of this year, the average number of employees was 4, 497 thousand, 62 thousand more than a year before. The employment rate of 15-64 year-olds increased...
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KSH: record pice increases agricultural prices has not seen for six years
After the 8.3 percent in January, the purchase price of agricultural products increased by 7.7 percent in February than a year before, so the producer price of agricultural products rose...
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Hungarians spent more than 26,000 HUF per head on food at Easter last May
Hungarians spent 4 percent more than the average monthly spending on food and non-alcoholic beverages last month – the Central Statistical Office (KSH) announced on Monday. Of the most popular...
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Tourism agency: domestic tourism is stable and strong
More guests, stable domestic traffic, higher revenues, and significantly expanding SZÉP card sales were characterized the tourism industry in February – the Hungarian Tourism Agency (MTÜ) commented on the statistics...
Read moreFebruary was a good month in retail trade
In February 2019 like-for-like retail volume sales (combined sales of physical stores, mail order companies and online shops) augmented by 8.4 percent – adjusted for calendar effects – reported the...
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3.7 per cent price increase in March
According data from the Central Statistical Office (KSH), consumer prices were 3.7 percent higher in March 2019 than in March 2018. Food prices jumped 5.4 percent. Seasonal product prices (potatoes,...
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Cheaper eggs
According to the latest market report of the Agricultural Economics Research Institute (AKI), Hungary’s live cattle export grew by 6 percent in the first month of 2019 (in comparison with...
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KSH: guest traffic grew by two percent in February
In February, the guest traffic increased by 2.0 percent, the number of nights spent by foreign guests increased by 3.3 percent, while the number of nights spent by domestic residents...
Read moreConsumer prices are climbing higher and higher
In March, consumer prices were on average 3.7 percent higher than a year before – the Central Statistical Office (KSH) announced. Analysts expected 3.5 percent after February’s 3.1 percent. Excluding...
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Foreign trade surplus increased to 891 million euros in February
In February, the value of exports in euros increased by 6.9 percent and the value of imports in euros increased by 7.0 percent year-on-year. The surplus of foreign trade in...
Read moreThe growth rate of retail sales accelerated significantly in February
In February, retail sales for both raw and calendar-adjusted data were 8.4 percent higher than a year before. The growth in traffic has accelerated significantly from the 5.4 percent pace...
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KSH: import started the year strong
Exports in euros increased by 6.5, while imports increased by 9.7 percent in January, compared to the previous year. Foreign trade turnover declined by 215 million euros to 392 million...
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Analysts: employment can only be increased with serious training and wage increases
According to the report of the Central Statistical Office (KSH) between the December 2018 – Febrary 2019 three-month period from, the average number of employees was 4 497 thousand, 56...
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KSH: employment has reached the EU target for 2020
Between the December 2018 to February 2019 three-month period, the average number of employees was 4 497 thousand, 56 thousand more than a year before. In the 20-64 age group,...
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KSH January is not a peak season for Hungarian accommodations
In January, foreign guests spent 1.2 percent less, and domestic guests 0.1 percent less guest nights at commercial accommodation establishments than a year before – the Central Statistical Office (KSH)...
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Retail sales augmented by 5.4 percent
In January 2019 like-for-like retail volume sales augmented by 5.4 percent; adjusted for calendar effects, the sales growth was the same – reported the Central Statistical Office (KSH). Food and...
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Prices increased by 3.1 percent in February
In February 2019 consumer prices were 3.1 percent higher on average than a year before. In comparison with February 2018, food prices increased by 5.2 percent. Seasonal product prices (potatoes,...
Read moreCereal prices up 14 percent in just one year
In December 2018 agricultural production prices were 5.8 percent higher in comparison with the level of December 2017 – reported the Central Statistical Office (KSH). This situation was the result...
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KSH: foreign trade in services closed year 2018 with a surplus of 8.5 billion euros
Over the past year, 514 billion euros export surplus appeared on services s the result of 25,133 billion euros in exports and 16,619 billion euros in imports, compared to the...
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Hungarians feel they are better off financially than before
In Hungary 46 percent of consumers feel they have more money to spend than they had 5 years ago. This proportion is considerably higher than the 37-percent European average –...
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Hungary imported less and exported more egg
According to the latest market report of the Agricultural Economics Research Institute (AKI), data from the European Commission reveals that the European Union’s egg product import in 2018 grew by...
Read moreAnalysts: investments and consumption increase import growth
The decisive role of investments and consumption in the country’s economic growth, together with its significant import content, led to a more rapid increase of imports, compared to exports in...
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