Tag "KSH"

KSH: employment indicators continued to improveme

In September-November 2015, the number of employees increased by an average of 118 thousand to 4 million 273 thousand. Compared to the previous year, it is a 2.8 percent increase...

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Retail trade continued to expand

The volume of retail sales increased by 4.1 percent in an annual comparison in October after the 5.1 percent rise in September, while the calendar adjusted data shows a 4.6...

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NGM: the rise of retail sales is unstoppable

The increase of retail sales is unstoppable in Hungary. The expansion lasted in October for the 29th consecutive month – the Deputy Minister of State of the Ministry of National...

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Wages increased by 4.8 percent in October

In October 2015, the gross and net average earnings increased by 4.8 percent, compared to a year before. Without counting the public workers the increase was 5.6 percent compared to...

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KSH: agricultural producer prices grew by 4.8 percent

Agricultural producer prices increased by 4.8 percent in October, compared to the same period last year. The increase is related to the 12.2 percent increase in the prices of crop...

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Tourism may close a record year this year

Tourism may close a record year in 2015. According to the forecasts, the projected revenue is expected to be more than 350 billion HUF. Lepsényi István, Minister of State of...

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KSH: the turnover of commercial accommodations continued to increase

The number of guest nights spent by domestic tourists increased by 6.2 percent and by foreign visitors declined by 3.4 percent in October, compared with a year before. The traffic...

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Agricultural production declined prices increased

The gross added value of the agricultural sector in 2015 declined by 8.0 percent on the previous year's prices and remained unchanged at current prices. The 3.1 percent drop in...

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KSH: inflation was 0.5 percent in November

In November, consumer prices were on average 0.5 percent higher than a year before. Compared with October prices have not changed – the Central Statistics Office (KSH) told on Tuesday....

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KSH: GDP grew by 2.4 percent in the third quarter

In the third quarter the gross domestic product (GDP) rose by 2.4 percent, compared to the same period of last year – the Central Statistical Office (KSH) announced on Friday...

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Retail sales rose by four percent in October

The volume of retail sales increased by 4.0 percent in October, compared to the previous year, after the 5.1 percent growth of September, while the calendar adjusted data shows a...

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KSH: the income situation of the households improved last year

The income situation of the Hungarian households improved last year. The per capita annual average gross earnings increased by 3.8 percent, while the per capita annual average net earnings increased...

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NGM: rising real wages contributed to the growth of retail sales

September has been the 28th month in a row when the volume of retail sales increased in Hungary. The consecutive 28 month increase is primarily due to the rising inflation...

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KSH: Retail sales rose by 5.1 percent in September

The volume of retail sales increased by 5.1 percent on a yearly basis in September after a 4.6 percent rise in August, according to the raw and calendar effect adjusted...

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Analysts: average salary increase may be around 4 percent this year

The annual average salary increase this year may be close to 4 percent – and it will bring the same level of increase in real wages in addition to the...

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KSH: earnings increased by over 5 percent in September

The average gross earnings increased by 5.1 percent in the national economy in September. Without calculating the wages of the public workers, the growth was 5.3 percent compared to the...

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Higher-than-expected wheat output in the European Union

French market analyst Tallage calculates with 147.5 million tons of wheat at EU level. In the second half of September the production price of milling quality wheat was HUF 48,900/ton...

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KSH: GDP grew by 2.3 percent in the third quarter

Hungary's gross domestic product (GDP) grew by 2.3 percent in the third quarter compared to the same period of the previous year – based on an initial estimate by the...

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NGM: the slowdown in growth is due to the weaker performance of agriculture this year

The slowdown in GDP growth is due to the weaker agricultural performance this year, compared with last year, which is the result of the droughty summer and previous year's high...

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KSH: the turnover of hoteliers increased by 6.7 percent

The number of guest nights spent by foreign visitors increased by 7.3 percent in September, compared with a year before. The guest nights of domestic guests increased by 5.8 percent....

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KSH: agricultural procurement prices have risen for the first time for two years

In September, the producer prices were 1.2 percent higher than a year before and thus they rose for the first time since June 2013 on a year on year comparision....

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KSH: export surplus amounted to 814 million euros in September

In September, the value exports in euros was 5.6 percent higher than in September 2015, while the value in imports was 8.2 percent higher than in the previous year. The...

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NGM: foreign trade growth has a healthier structure

In addition to the export of machinery and transport equipment the pharmaceutical industry’s exports also contributed significantly to the healthy growth structure – the Ministry of National Economy (NGM) calls...

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KSH: foreign trade reached a surplus of 455 million euros in August

In August, the volume of exports increased by 6.6 percent, while the volume of imports increased by 7.0 percent, compared to the same month of the previous year. The surplus...

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KSH: retail sales increased by 4.6 percent in August

In August, the volume of retail sales rose by 4.6 percent from a year earlier, according to the calendar adjusted and raw data, which is 0.1 percentage points lower than...

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NGM: the August slowdown was only temporary in retail

In the first eight months of the year, the volume of retail increased by 6 percent, which adjusts to the other growth trends of the Hungarian economy. The August slowdown...

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Analysts expect a 3-4 percent average wage growth this year

Analysts polled by MTI expect a 3-4 percent average wage growth for this year, and since inflation is around 0 percent, real wages are expected to rise with the same...

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KSH: earnings rose by 5.9 percent in August

In August, average monthly earnings were 5.4 percent higher than than a year before. By calculating without the public employees the growth was 5.9 percent – the Central Statistical Office...

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KSH: agricultural producer prices decreased by 3.8 percent in August

Agricultural producer prices fell by 3.8 percent in August, compared to the same period of the previous year. The price of crop products increased by 0.9 percent, while the price...

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Increase in the size of Hungary’s livestock population

According to data from the Central Statistical Office (KSH), Hungary’s pig stock grew by 64,000 to 3.1 million. By 1 June 2015 the size of the cattle population increased by...

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