Tag "KSH"

KSH: the growth rate of agricultural purchase prices slowed to 27 percent by February

In February, agricultural purchase prices were 27.0 percent higher than a year earlier, the rate of price increase was 4.6 percentage points slower than in January and slowed down by...

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In the past two years, the price of most basic food items has at least doubled in Hungary

The inflation rate in Hungary remained higher than expected in March, according to data from the Central Statistical Office (KSH). Despite the decline in the prices of some basic foods,...

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KSH: the number of guest nights decreased by 0.4 percent

In February 2023, 552,000 guests spent 1.4 million guest nights in commercial accommodations (hotels, boarding houses, campsites, holiday homes, community accommodations). The number of guests fell by 1.0 percent and...

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KSH: the production of food, beverages and tobacco products was 13.6 percent lower than a year earlier

In February of this year, the volume of industrial production was 4.6 percent lower than a year earlier; the index cleaned of the working day effect is the same as...

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KSH: in March, prices increased by 25.2 percent compared to the same month of the previous year

In March, consumer prices were on average 25.2 percent higher than a year earlier. In the past year, household energy and food prices have risen the most, the Central Statistical...

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The price caps must be maintained even after April 30

On Wednesday, the vice president of the MSZP advocated maintaining the price caps after April 30. At a press conference broadcast on his Facebook page, Lajos Korózs said in response...

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KSH: turnover of retail stores decreased by 10.1 percent in February

In February 2023, according to raw and calendar-adjusted data, the volume of retail trade decreased by 10.1 percent compared to the same period of the previous year, the Central Statistical...

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More than just “mash for babies”

Growing selection of organic products NielsenIQ data reveal that in the last few years the baby food category had strengthened because of the pandemic, then in 2022 the market returned...

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WHC Group: companies are in dire straits, there is a deadly fight for labor in many areas

Despite the recent slowdown in the economy’s performance, the trend typical of recent years continues on the Hungarian labor market: many areas, especially the industrial production sector, are suffering from...

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KSH: The volume of exports of food, beverages and tobacco was 7.4 percent lower in January

In January of this year, the export volume was 9.0 percent, and the import volume was 11 percent higher than in the same period of the previous year. The liabilities...

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Nearly 5% contraction in FMCG sales in January

The Central Statistical Office (KSH) has reported: like-for-like retail volume sales were down 3.9% in January 2023; adjusted for calendar effects, the sales drop was 4.5%. Grocery stores saw their...

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KSH: the gross average earnings are the lowest in the hospitality sector

In January 2023, the gross average salary of those employed full-time was HUF 528,000, and the net average salary calculated with allowances in mind was HUF 363,900. The gross average...

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KSH: The production of food, beverages and tobacco products decreased by 12.2 percent

Production increased in some of the manufacturing subsectors, with the largest increase in the production of electrical equipment. Based on seasonally and working day-adjusted data, industrial output was 5.1 percent...

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Are the big breweries abusing their dominance over the small breweries?

The Association of Csíki Sör and Small Breweries responded to the authority’s draft report in a harsh open letter to the Economic Competition Authority, at the same time objecting that,...

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The price of beer doubled

In the case of lager-type beers, the prices of lager-type beers in Hungary rose the most in the entire European Union. The rate of beer price increase was twice as...

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KSH: in February, prices increased by 25.4 percent compared to the same month of the previous year

In February of this year, consumer prices were on average 25.4 percent higher than a year earlier. In the past year, household energy and food prices have risen the most,...

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Experts: We are slowly but surely alienating ourselves from food

According to KSH data, the time spent on cooking hardly changed from the regime change to the 2010s. While in 1987 Hungarian men spent 9 minutes and women 76 minutes...

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It is expected that the burden of food shopping for households will no longer increase

Food inflation in Hungary decreased from 44 percent in January to 43.3 percent in February in an annual comparison. After 17 months of continuous growth, the slowdown for the second...

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Soaring slaughter pig prices

Data from the Research Institute of Agricultural Economics (AKI) reveals: 585,000 tonnes (live weight) of poultry was slaughtered in Hungary in the first eleven months of 2022. This quantity was...

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KSH: The turnover of retail stores decreased by 4.5 percent

In January 2023, according to the raw data, the turnover volume of retail trade decreased by 3.9 percent, adjusted for the calendar effect, by 4.5 percent compared to the same...

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KSH: The volume of food exports decreased by 7.9 percent, while the volume of imports increased by 5.5 percent

In December, the product foreign trade deficit was 168 million euros, compared to November, the adjusted volume of exports increased by 0.6 percent, while that of imports decreased by 5.0...

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There was a 26% food inflation last year

Data by the Central Statistical Office (KSH) reveals that consumer prices soared 14.5% on average in 2022, and the price increase was the biggest in the food category at 26%....

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KSH: The investment appetite of businesses operating in food-type store mixed trade has also declined

The volume of investments was shaped by the decreasing activity of the budget, households and businesses. The decline in the current period was mitigated the most by the significant expansion...

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KSH: The number of employed people in January was 4,699,000

In January 2023, the average number of employed persons aged 15-74 was 4,699,000, 46,000 more than a year ago, the Central Statistics Office (KSH) reported on Friday. November 2022-2023 in...

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The production of food, beverages and tobacco products decreased by 4.8 percent in December 2022

In December 2022, the volume of industrial production exceeded the previous year by 2.0 percent. Adjusted for the working day effect, production rose by 5.7 percent. The significant difference compared...

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KSH: The production of food, beverages and tobacco products increased by 6.6 percent in 2022

In 2022, compared to the previous year, industrial production expanded by 5.8 percent, following the 9.5 percent increase a year earlier. Within this, among the three branches of the national...

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KSH: Poultry meat and bread cost 2.8 and 2.7 percent more compared to the same month of the previous year

In January of this year, consumer prices exceeded a year earlier by an average of 25.7 percent, the Central Statistical Office (KSH) announced on Friday. Over the past year, household...

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Inflation’s impact on the food shopping of households

Analysing per capita spending data from the Central Statistical Office (KSH), published in 2021, what we see is that in 2020 Hungarian households spent the most on buying food (26.1%)...

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KSH: The turnover of retail stores decreased by 3.9 percent in December

According to the raw data, the volume of retail trade turnover in December last year decreased by 4.8 percent, adjusted for the calendar effect, compared to the same period of...

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These 40 products rose in price the most in Hungary

Hungary’s 24.5 percent inflation, which is a record within the European Union, is mainly seen in the area of food and utilities: according to the Central Statistical Office, food (44.8...

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