Tag "magyar gazdaság"
A three and a half to four percent increase might occur next year
The updated expectations of the European Commission and Raiffeisen Bank coincide with those of the Hungarian government, with a decline of 6-6.5 percent this year, followed by an increase of...
Read moreMLBKT: Purchasing Managers Index indicates minimal optimism again
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in October rose by 50.1 points from 48.7 in September, with respondents reporting more favorable developments than in the previous...
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Tens of thousands temporary workers could be hired if needed
Due to the pandemic, tens of thousands of jobseekers have turned to temporary employment agencies almost overnight. And thanks to the relaunch of recent months, thousands have already been able...
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Analysts do not expect a substantial slowdown in earnings growth this year
Analysts interviewed by MTI did not expect a substantial slowdown in wage growth this year, who also drew attention to fluctuations in the composition of employees, which could lead to...
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KSH: earnings increased by 9.1 percent
In August, gross average earnings were 391 thousand 600 HUF, 9.1 percent higher than a year earlier, and in the first eight months of the year they amounted to 395...
Read moreThe economic downturn may be greater than previously expected
Minister of Finance Varga Mihály presented the government’s recent macroeconomic forecast at Friday’s HBLF conference – portfolio.hu, wrote. According to them, this year the economic downturn could be 6-6.5% instead...
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KSH: 35,000 less people worked in the third quarter than a year ago
In the three-month period of July-September, the average number of employees was 4,486,000, and the employment rate of those aged 15-64 was 70.2 percent, the Central Statistical Office (KSH) reported...
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Physical hourly wages are 11 percent higher than last year
In the third quarter, the average gross hourly wage of skilled and trained manual workers was 1,318, HUF according to an analysis by Trenkwalder, which processes the wage data of...
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Large domestic companies remain pessimistic
Domestic companies remain pessimistic. The value of the K&H corporate growth index has not changed compared to the previous quarter, and is currently at -2 points. Companies see their own...
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The number of job seekers is constantly declining
Thanks to government measures, the number of jobseekers is steadily declining, falling to close to 300,000 in recent days, the Secretary of State for Employment Policy of the Ministry of...
Read moreVarga Mihály: The Ministry of Finance is working on a proposal to help financial reorganization and growth
The ministry is working to regain the country’s growth momentum, and a proposal for financial reorganization is being developed, Minister of Finance Varga Mihály said at his annual hearing on...
Read moreGKI business expectations improved slightly in October, while consumer expectations deteriorated
GKI’s economic index improved slightly in October, but still did not reach its level in July, business expectations moved in a positive direction, while retailers have been deteriorating for the...
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GVK: COVID affected purchasing power all across Europe
In 2020, the average European citizen will have 773 euros less, a total of 13,894 income. However, there are significant differences in net income between the 42 countries surveyed: Liechtenstein,...
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40 percent more people are applying for a job now than last year
An average of 40 percent more people applied for the advertised positions in the third quarter of 2020 than a year earlier, on Hungary’s market-leading job portal. The greatest interest...
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GKI: employment stagnated in September
Compared to August, employment did not change in September, according to a representative population survey of GKI Economic Research Ltd. involving 1,000 people. In August, the average monthly headcount –...
Read moreThe IMF has worsened its forecast for the Hungarian economy for this year and the next
The International Monetary Fund (IMF) has worsened its forecast for the Hungarian economy this year and for the next in its autumn forecast for the world economy. According to a...
Read moreKSH: consumer prices rose by 3.4 percent in September
In September, the annual growth rate of consumer prices slowed to 3.4 percent from 3.9 percent in the previous month, the Central Statistical Office (KSH) reported on Thursday. Analysts also...
Read moreKopint-Tárki: 5.8 percent decline in the Hungarian economy is expected this year
Due to the return of the pandemic, Kopint-Tárki expects a 5.8 percent decline in the Hungarian economy this year, compared to the 5.5 percent annual decline indicated in April and...
Read moreAnalysts: the lack of foreign tourists can also be reflected in the decline in retail sales
The high base data of the previous year and the lack of foreign tourists were mainly reflected in the moderate decline in retail data in August, but the massive wage...
Read moreKSH: the turnover of retail stores decreased by 0.7 percent in August
In August, according to the raw data, the turnover of retail stores decreased by 1.2 percent and calendar effect adjusted by 0.7 percent, compared to the same period of the...
Read moreMLBKT: the Purchasing Managers ’Index declined in September
The purchasing managers’ index fell from 52.3 points in August to below 50 points, which separated growth from decline. In September, it was 48.8 points, which is significantly lower than...
Read moreGKI: half of the teleworkers workked for a company based in Budapest or Pest County in September
In September, GKI Zrt. conducted a survey of the domestic employment situation among Hungarian enterprises. The questions were answered by 820 companies, the survey did not cover large multinationals. Compared...
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The MNB’s 50-point package of proposals has been published
On the website of the Magyar Nemzeti Bank (MNB), a 50-point package of proposals was published on Tuesday to support the government’s crisis management and economic recovery work in the...
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KSH: the number of employees was over 4.5 million in August
In August, the average monthly number of employees increased by 54 thousand to 4 million 514 thousand compared to the previous month, and decreased by 18 thousand, compared to August...
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K&H: companies step on the brakes, little investment expected next year
The willingness of companies to invest, which can be said to be stable so far, has faltered, and they expect significantly less development in the next 12 months – this...
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The labor market split into two: for some jobs oversubscription is up to 200 times
The Hungarian labor market seems to be splitting in two: over-application for certain positions can be as much as 200 times, while there is still a large shortage of IT...
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The number of complaints received by the Hungarian Competition Authority has increased significantly
The number of complaints received by the Hungarian Competition Authority (GVH) has increased significantly, which can be explained by the corona virus pandemic, which is increasing the already expanding online...
Read moreMNB: annual inflation may drop to 3 percent in 2022
According to the latest Inflation Report of the Magyar Nemzeti Bank (MNB), the annual inflation rate may fall to 3% in 2022, and may slightly exceed 3.5% this year and...
Read moreTrade Alliance: trade climbed out of the pit in the summer
After the decline in the spring, the trade “climbed out of the pit” and reached the level of the same period of last year during the summer – Vámos György...
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