Tag "magyar gazdaság"
This is how the Secretary of State of the ITM sees the chances of the Hungarian economy during a pandemic
The state of the Hungarian economy is encouraging even in the midst of the global economic shock caused by the coronavirus epidemic. This year’s economic downturn may be smaller than...
Read moreRising food prices
According to statistics, average annual inflation was only 2.9% in June, but food prices continued to rise far above average, with some products rising by more than 10-20%. GKI analysts...
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GKI: The workplace situation of employees in July 2020
GKI Zrt. conducted a representative population survey of 1,000 people in order to find out how employees work in the period following the coronavirus pandemic. While epidemiological restrictions were still...
Read moreGKI continued to grow in July after rising in May-June
The value of the GKI consumer confidence index rose by 11.3 points in May due to the slow decay of the coronavirus and the easing of strong uncertainty in April,...
Read moreAccording to a survey, 45 percent of Hungarian companies do not expect a recession this year
Hungarian companies are more optimistic than the European average, because while 56 percent of European companies expect a recession within a year, only 50 percent of Hungarian companies believe that...
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Profession.hu: recruitment starts to return to the Hungarian labor market
In recent months, the desire to recruit is starting to return to the Hungarian labor market, with companies posting 36 percent more job advertisements in May than in April, and...
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In May, the KSH had a foreign trade surplus of 155 million euros
In May, the value of exports in euros decreased by 29 percent and imports by 25 percent compared to the same period of the previous year. The KSH added that...
Read moreKSH: consumer prices rose by 2.9 percent in June
In June, consumer prices were on average 2.9 percent higher than a year before. Over the past year, the prices of food and spirits and tobacco have risen significantly –...
Read moreOpten: there are more than 10 thousand Hungarian companies with a turnover of 1 billion HUF
At present, more than 10 thousand companies are registered in Hungary, whose annual net sales exceed 1 billion HUF; and almost 7,000 of them are of full Hungarian interest –...
Read moreIn May, the turnover of retail stores decreased by 2.1 percent
According to the raw data, the volume of retail trade turnover decreased by 2.8 percent in May this year and by 2.1 percent, adjusted for calendar effects, compared to the...
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ITM Secretary of State: Until the end of August, four thousand companies will be eligible for support
By the end of August, nearly 4,000 companies will be able to receive their support in the tenders of the two programs of the Economic Protection Action Plan to help...
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The workplace situation of employees among enterprises in June 2020
At the beginning of June 2020, GKI Zrt. conducted a representative survey among 835 companies, not including multinational companies. Source: GKI The aim was to get an idea of how...
Read moreKSH: foreign trade balance turned negative
In April, exports fell by 37.2 percent in euro terms and by 35.1 percent at constant prices, while imports fell by 29.1 percent and 23.5 percent, respectively, from a year...
Read moreMLBKT: PMI has improved but continues to indicate pessimism
The Purchasing Managers ’Index (PMI) has improved greatly, but remains pessimistic, with its seasonally adjusted June value rising to 47.0 percent from 40.7 percent the previous month. Thus, the rate...
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Which municipalities have benefited from the rapid growth of the last seven years
GKI Zrt. Examined the changes in the purchasing power of municipalities and districts (net earnings, pensions, social benefits) from 2012 to 2019. The nominal value of municipal purchasing power increased...
Read moreSMEs can apply for 100 billion HUF in development funding
Small and medium-sized enterprises can apply for 100 billion HUF in development funding: due to more than double oversubscription, the government doubled the 50 billion HUF budget originally announced nationwide...
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KSH: The number of employees increased in May compared to the previous month
In May, the average monthly number of employees was 4,399,000, 31,000 more than in the previous month and 134,000 less than a year before – the Central Statistical Office (KSH)...
Read moreGKI is less pessimistic about this year’s growth forecast
In its latest forecast released on Thursday, GKI Economic Research rejected the less pessimistic scenario outlined in its previous March forecast, which predicts a 3 percent decline in GDP, while...
Read moreThe MNB expects modest GDP growth this year
According to the central bank’s forecast, gross domestic product (GDP) may grow at a modest pace in 2020, between 0.3 and 2.0 percent, GDP growth next year will be 3.8-5.1...
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ITM: export demand and competitive supply are needed for the economy to succeed
The success of the Hungarian economy requires export demand and a competitive domestic supply, emphasized György László, State Secretary for Economic Strategy and Regulation of the Ministry of Innovation and...
Read moreSzázadvég expects significant growth after the downturn
According to Századvég, the annual performance of the Hungarian economy will decline by almost 3 percent this year, but may expand significantly above 5 percent next year – Regős Gábor,...
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Employment may have reached a low point
In the last week, as many people have registered as jobseekers in the employment departments of the district offices as many have left the system – nepszava.hu, wrote. In addition...
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ITM: Economic actors are confident in recovery
Economic actors are confident in the recovery, job protection measures are considered proportionate to the challenge, and fewer and fewer people need state aid, the state secretary of the Ministry...
Read moreLondon analysts: Hungary’s GDP will reach pre-pandemic levels next year
According to the expectations of London macroeconomic analysts, Hungary will be among the European emerging economies in which the value of gross domestic product (GDP) will reach the pre-Covid-19 level...
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According to two-thirds of Hungarians, the economy will recover from the coronavirus in one year, while the pharmaceutical industry is the most crisis-resistant.
Hungarians are optimistic about the economic outlook: the vast majority say that the economy will reach its pre-coronavirus performance by this time, according to a national representative survey commissioned by...
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The crisis constructions of the Széchenyi Card Program are changing
The crisis constructions of the Széchenyi Card Program will be modified at three points. The Széchenyi Card Overdraft Plus and the Széchenyi Card Job Retention Loan will continue to be...
Read moreKSH: consumer prices rose by 2.2 percent in May
In May, consumer prices were on average 2.2 percent higher than a year before. The more moderate rise in the price of services than last year played the largest role...
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KSH: foreign trade deficit was 611 million euros in April
In April, euro-denominated exports fell by 37.9 percent and imports by 28.4 percent from a year earlier, the Central Statistical Office (KSH) reported on Tuesday, according to its first estimate....
Read moreThe consumption of Hungarians can pull the economy
This year’s downturn will be only temporary, as the government forecasts, the strong economic growth will continue in the coming years. Consumption can be more and more the product of...
Read moreAnalysts expect retail sales to pick up
Data on retail sales in May may already pick up after the April low, according to analysts interviewed by MTI. According to a report published by the Central Statistical Office...
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