Tag "magyar gazdaság"

Matolcsy: two-year competitiveness program needs to be launched

The central bank is proposing a two-year competitiveness program to the new government to restore the “dramatically upset” balance. The 12 pillars and 144 proposals of the Sustainable Balance and...

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(HU) Elemzők: több tényező segítette a gazdasági növekedést az első negyedévben

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KSH: the economy grew by 8.2 percent in the first quarter

According to raw data, Hungary’s gross domestic product (GDP) grew by 8.2 percent in the first quarter, compared to the same period of the previous year, according to both calendar-adjusted...

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MKIK GVI: businesses have become more pessimistic

Business confidence fell in April, compared to October last year: the economic index stood at +31 points in the fourth month of the year, compared with +38 in the previous...

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Profession.hu: Since 2020, the average net wage demand of employees has increased by 12 percent annually

Net wage demands of employees in Hungary have increased by an average of 12 percent year-on-year since 2020. Pest County is the first in the regional comparison, jobseekers request the...

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Intrum: the solvency of the Hungarian population improved

The slight increase in the solvency of Hungarian households continued in the first quarter of 2022, based on a joint survey by Intrum and GKI Gazdaságkutató Zrt. The value of...

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KSH: prices increased by 9.5 percent on an annual basis

In April, consumer prices rose 9.5 percent from a year before. The prices of food and durable goods rose the most. Consumer prices rose by 1.6 percent in one month,...

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KSH: The turnover of retail stores increased by 16.2 percent

As a result of the significant base effect, the volume of retail trade in March was 16.2 percent higher than a year before, according to both raw and calendar-adjusted data,...

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Analysts: consumption may have significantly dragged GDP growth in the first quarter

In addition to wage increases at the beginning of the year, one-off benefits paid in February, low base data and gasoline tourism also contributed to inflation expectations in March, according...

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The Hungarian economy could grow by 5.9 percent this year

The Russian-Ukrainian war is causing uncertainty, so the economy could grow by 5.9 percent this year, which is only 0.1 percentage points lower than previously forecast, Suppan Gergely, Head of...

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The highest Purchasing Managers Index in April was measured by MLBKT this year

The seasonally adjusted Purchasing Managers ’Index (PMI) for April was 58.9 points. Respondents reported more favorable developments for twelve month than in the previous month. The seasonally adjusted index now...

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Analysts: Hungary’s labor market could be close to full employment

Hungary’s labor market could be close to full employment and the already significant labor shortage will cause even more serious headaches for companies as production chains recover and supply constraints...

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KSH: the number of employees was 4,697,000 in March

In the three-month period of January-March, the average number of employees was 4,674,000, 107,000 more than in the same period of the previous year. In March, the average number of...

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The MNB raised the key interest rate by 30 basis points

On Thursday, the Magyar Nemzeti Bank (MNB) announced its one-week deposit tender at 6.45 percent, 30 percentage points higher than in the previous week. Analysts also expected such a rise...

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Until July 1, the government will extend the fuel and food price stop

The government has decided to extend price-restrictive measures on fuel and certain food products until July 1, the prime minister announced on Wednesday. Orbán Viktor said in a video uploaded...

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Analysts: a significant increase in real earnings even without arms money

Excluding the effect of the payment of arms money corresponding to the six-month salary of law enforcement officers, real wages also increased significantly, despite high inflation, analysts reporting to MTI...

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ITM: the number of jobseekers drop by nearly 10,000 in one month

The number of jobseekers decreased by almost 10,000 in April, and after the first quarter of 2022, the number of registered jobseekers was much better in April than in the...

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KSH: average gross earning in February was 546 thousand HUF

In February, the average gross earnings of full-time employees – enterprises employing at least 5 people, budgetary institutions and non-profit organizations significant for employment – were 546 thousand HUF, 31.7...

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Cofidis: the willingness of Hungarians to borrow has increased

Hungarians’ willingness to borrow has grown: 12 percent of those surveyed plan to take out a loan in the next year, up 5 percentage points from last August, according to...

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Századvég: the war further weakened the sentiment in April

The sentiment of both households and businesses deteriorated in April: the household index on a scale of minus 100 to plus 100 rose from minus 4.8 to minus 7.5, while...

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KSH: the rise in agricultural producer prices slowed further

The rise in agricultural producer prices slowed further in February: purchase prices were on average 24.9 percent higher than a year earlier, which is 4.8 percentage points lower than in...

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IMF: Hungarian and Polish growth will be the fastest in the region

In the Central and Eastern European region, Hungary and Poland will achieve the highest GDP growth this year, according to the International Economic Fund’s (IMF) World Economic Outlook (WEO) report...

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The number of job advertisements in Profession.hu increased by 66 percent in the first quarter

The number of job advertisements increased by 66 percent according to Profession.hu’s first quarter report. Based on its own data, the job placement portal stated that the intensive growth was...

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EY: NAV will pay special attention to online stores this year

This year, the National Tax and Customs Administration (NAV) will pay special attention to online stores,security companies, international transactions and the largest personal income tax claimants, EY told MTI on...

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Analysts: Inflation accelerated less than expected in March

The significant rise in core inflation points to the widespread inflationary pressures, but inflation accelerated less than expected in March due to last year’s rise in fuel prices in addition...

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KSH: prices rose by 8.5 percent year-on-year in March

In March, consumer prices were on average 8.5 percent higher than a year before. Inflation was so high last time in June 2007. Over the past year, food prices have...

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Kopint-Tárki slightly worsened its GDP growth forecast for this year

Kopint-Tárki has moderately reduced its GDP growth forecast for this year by 1 percentage point, from 5.0 percent at the end of last year to 4.0 percent, CEO Palócz Éva...

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KSH: The foreign trade deficit in products was 91 million euros in February

In February, the value of exports in euros was 17.7 percent and that of imports 29.2 percent higher than a year before. The foreign trade balance deteriorated by 876 million...

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KSH: Industrial producer prices rose by 22.4 percent in February

In February, domestic sales prices were 35.6 percent higher in HUF and export prices were 15.7 percent higher than a year before. Industrial producer prices rose by an average of...

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Analysts: employment continues to peak

However, the labor market is still close to full employment, but economic development is not constrained by a lack of hard work, but by war-torn production chains, raw material shortages...

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