Tag "KSH"
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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MVI’s statistical situation report on catering is now available
Every year, the Magyar Vendéglátók Ipartestülete (MVI) publishes its statistical situation report on hospitality, which is now available on the website of the industry association. The report was also prepared...
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There was a county where the number of advertised jobs increased by a fifth, while elsewhere the number of advertised jobs decreased by the same amount – Profession.hu quarterly report
With the exception of two counties, the number of applications received for job advertisements increased in the second quarter of 2024 compared to the same period of the previous year....
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Egg exports have increased in the EU and in Hungary as well
Based on data from the European Commission, EU (EU27) egg and egg product imports increased by 12.5 percent to 26,000 tons in the first three months of 2024 compared to...
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The unexpectedly low inflation in June surprised analysts
The Hungarian inflation data published this week caused a pleasant surprise: according to the Central Statistical Office (KSH), consumer prices in June 2024 were on average 3.7% higher than a...
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KSH: industrial production fell by 5.2 percent in May
In May, the volume of industrial production fell by 5.2 percent, or 4.9 percent, adjusted for the working day effect, from a year earlier, the Central Statistics Office (KSH) confirmed...
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Hungary is a net exporter of both frozen and fresh cherries
According to KSH data, Hungary’s cherry crop ranged between 60.5 and 83.5 thousand tons between 2018 and 2022. According to KSH data, the cherry crop in 2023 decreased by 18...
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KSH: in June, consumer prices increased by 3.7 percent on average compared to the same month of the previous year
In June 2024, consumer prices were on average 3.7 percent higher than a year earlier. Compared to May, prices did not change on average, food prices fell by 0.3 percent,...
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Márton Nagy: the decrease in inflation in June exceeded all expectations
The targeted measures of the government broke down and suppressed inflation. And measures such as the online price monitoring system generate lively retail competition and support inflation to remain at...
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June is characterized by a stable inflationary environment in Hungary
The annual inflation in Hungary could remain below the central bank’s target range in June, below 4% based on experts’ forecasts. According to the analysts interviewed by Portfolio, the Central...
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KSH: retail turnover increased by 3.6 percent compared to the same period of the previous year
In May, the volume of retail trade increased by 3.6 percent compared to the same period of the previous year, according to both raw and calendar-adjusted data, the Central Statistical...
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Industrial production decreased, food, beverage and tobacco production increased
In May, the volume of industrial production was 5.2 percent, or 4.9 percent less than a year earlier, adjusted for the working day effect. As of April 2024, industrial output...
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