Tag "magyar gazdaság"
KSH: prices increased by 10.7 percent on an annual basis
Consumer prices were on average 10.7 percent higher in May than a year earlier, up 1.7 percent in a month, the Central Statistical Office (KSH) said on Wednesday. According to...
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Erste Bank: credit demand for small and medium-sized businesses may fall
Demand for credit from small and medium-sized enterprises (SMEs) may fall significantly in the third quarter, Erste Bank told MTI on Wednesday. The financial institution’s SME business performed outstandingly in...
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MNB: the number of card purchases has increased fivefold in ten years
The payment system has undergone tremendous development in the last ten years: for example, the number of POS terminals in operation tripled to 240,000 last year and the number of...
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Factoring providers achieved a 22 percent increase in turnover last year
Factoring service providers achieved a 22 percent increase in turnover in 2021, the Hungarian Factoring Association told MTI on Wednesday. It is explained that the estimated total value of receivables...
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KSH: The turnover of retail stores increased by 15.8 percent
According to the raw data, the volume of retail trade turnover in April this year was 15.7 percent higher than in the same period of the previous year, adjusted for...
Read moreAnalysts expect consumption to increase slowly
Analysts who report to MTI expect a further dynamic expansion of retail sales, according to which consumption growth may gradually slow down in the second half of the year. According...
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KSH: in March, the foreign trade deficit was 708 million euros
The foreign trade deficit in goods was 708 million euros in March, the adjusted volume of exports decreased by 6.4 percent and that of imports by 4.4 percent compared to...
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KSH: the performance of the economy increased by 8.2 percent in the first quarter
The volume of gross domestic product (GDP) in Hungary increased by 8.2 percent in the first quarter of 2022, compared to the same period of the previous year. According to...
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CIB: GDP could grow by 4-5 percent this year
The Hungarian economy may expand at a rate of 4-5 percent this year, despite the expected inflation rate of around 10 percent, a senior analyst at CIB Bank told at...
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Minister of Agriculture: Agricultural investment increased by almost 20 percent
Developments in agriculture and the food industry picked up significantly in the first quarter, said Minister of Agriculture Nagy István. In a statement issued by the ministry on Tuesday, the...
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KSH: investments grew by 8.7 percent in the first quarter
In the first quarter of this year, the volume of investments increased by 8.7 percent, compared to the same period of the previous year and by 3.2 percent, compared to...
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Analysts: Investment set a historic record in the first quarter
Investments set a historic record in the first quarter of this year, analysts told MTI, commenting on a report released by the KSH on Monday. Growth was fueled by private...
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KSH: almost 4.7 million employees in Hungary
In April, the average number of employees aged 15-74 was 4 million 688 thousand, compared to 4 million 684 thousand in the three-month period February-April, 109 thousand more than a...
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Analysts: wage outflows have accelerated further
Wage growth accelerated in March, and businesses are also trying to retain the workforce with non-regular payments and bonuses. Analysts told MTI that consumption, fueled by rising real wages, will...
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KSH: The average gross earnings were 511,400 HUF in March
In March, the average gross earnings of full-time employees were 511,400 HUF, and the average net earnings calculated taking into account the benefits were 352,200 HUF. Gross average earnings were...
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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
Sorry, this entry is only available in HU....
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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...
Read moreMKIK 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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