Tag "magyar gazdaság"
GDP grew 5.2 percent in the third quarter even better than the preliminary data
Gross domestic product (GDP) was 4.9 percent higher than in the same period of the previous year in the third quarter. According to the seasonally and calendar effect adjusted data,...
Read moreGKI raised its GDP forecast to 4.5 percent this year
After the third quarter’s 4.8 percent increase, which is one of the fastest growth in the EU, GKI has raised its forecast for GDP this year, from 4.2 to 4.5...
Read moreKSH: the economic weight of SMEs is considerably lower than that their proportion
The economic weight of the small and medium-sized enterprises (SMEs) is considerably smaller than their proportion. While SMEs provided job opportunities to almost two-thirds (65.2 percent) of the employees in...
Read moreMLBKT: slower growth in November
The seasonally adjusted November value of the Purchasing Manager Index (PMI) was 53.5, ie respondents reported more favorable processes than in the previous month, but the pace slowed down. The...
Read moreEuler Hermes: competition is getting more and more intensive for retailers
Growth in domestic retail trade is further intensifying. In addition to food, Hungarians spend more and more on other consumer goods. However, the increasing cycle of retail sales is approaching...
Read moreKSH: increase in investments accelerated in the third quarter
In the third quarter, the volume of investments was 22.1 percent higher, compared to the previous year, and after the 15.3 percent increase of the second quarter. Growth is driven...
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KSH: the number of employees increased over 4.5 million
During the three-month period from August to October, the average number of employees was 4 million 502 thousand, 57 thousand more than a year before. The employment rate of people...
Read moreEY: the majority of managers expects the further growth of the economy
Business leaders are more optimistic about the future of the Hungarian economy: 66 percent of them report growth and only 5 percent expect a decline. Respondents are also positive about...
Read moreITM: retail sales continued to grow
Growth in retail sales was due primarily to the increase in sales in mixed, non-food stores and due to the growth in retail fuel sales – Pomázi Gyula, the Deputy...
Read moreCIB Bank: economic growth may slow next year
GDP grew by 4.7 percent in the first half of the year, and this pace will hardly moderate for the rest of the year, so in 2018, economic growth may...
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GKI’s economic sentiment index was favorable in November as well
GKI’s economic sentiment index remained essentially unchanged in November. Business expectations continued to improve, whereas consumer ones declined further. The business confidence index is around its yearly average now. Although...
Read moreKSH: retail sales continued to grow
Retail sales in September increased by 4.4 percent, compared to the previous year. Calendar effect adjusted, the growth was 5.4 percent higher, compared to the previous year – according to...
Read moreOECD: Hungarian GDP may increase by 4.6 percent this year
According to the OECD projections, Hungarian GDP growth rises to 4.6 percent this year from last year’s 4.4 percent. The previous forecast predicted 4.4 percent. For the next year, the...
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KSH: earnings have continued to grow
In September, the gross average earnings were 322,800 forints, 10.4 percent higher than a year before. In January-September gross average earnings were 324 100 forints, net average earnings were 215...
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MNB: Households’ assets increased by 524 billion forints in the third quarter
Net financial savings of households (financing capability) amounted to 524 billion forints in the third quarter, which is 4.9 percent of the quarterly GDP, while in the year until September...
Read moreAnalysts: third quarter GDP data exceeded expectations
Unlike analysts’ expectations, the growth of the Hungarian economy in the third quarter increased further, with surprises coming from agriculture, construction, investment and services – analysts told MTI, who commented...
Read moreDigitization could bring nine billion euros to Hungary according to a survey
Up to 9 billion euros can be added to the performance of the Hungarian economy by 2025, according to the recent survey of McKinsey & amp; Company. According to the...
Read moreThe Hungarian economy was strong in the third quarter
According to the raw data, Hungary’s gross domestic product (GDP) increased by 4.8 percent in the third quarter of this year, compared to the same period of the previous year....
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Tourism is growing twice as fast as GDP
Tourism is the success of the Hungarian economy, which grew twice as fast as GDP in the last two years, Guller Zoltán, Managing Director of the Hungarian Tourism Agency (MTÜ)...
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Export momentum has continued to decline
In September, exports in euro declined by 2.3 percent, while imports rose 6.3 percent. Foreign trade surplus was 268 million euros, 699 million euros less than a year before –...
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KSH: Hungarians spend the most on food and non-alcoholic beverages
The average monthly average per capita spending of the Hungarian population was 88,600 HUF in the first half of this year, 8.8 percent more than in the same period of...
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The change in prices of vegetables and oil has spurned inflation
The 2.7 percent inflation in the first nine months of the year can be explained by the price change of seasonal vegetables and the international rise in oil prices –...
Read moreRaiffeisen: the growth of the Hungarian economy may be above 2 percent in 2020 and will be 3.5 percent next year
Raiffeisen Bank analysts expect a slowdown in economic growth in the coming years: while this year’s GDP growth is expected to exceed 4 percent, next year it will fall to...
Read moreThe European Commission has improved its GDP growth forecast for this year and for the next year
The European Commission has improved the Hungarian economy’s growth forecast for this year and for the next year – in its autumn prognosis published by the European Commission. The analysts...
Read moreKSH prices increased by 3.8 percent in October
In October, consumer prices were on average 3.8 percent higher than the previous year’s 3.6 percent increase. Prices on average increased by 0.5 percent, compared to September – the Central...
Read moreKSH: retail sales increased by 5.4 percent
Calendar effect adjusted retail sales increased by 5.4 percent in September, while the raw data became 4.4 percent, compared to the previous year. In the first three quarters of the...
Read moreKSH: export surplus is declining
In August, exports in euros increased by 0.8, imports increased by 6.2 percent. Foreign trade surplus was 31 million euros, 401 million euros less than a year before, according to...
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Analysts: the number of jobseekers in the third quarter increased more than the demand
Some of the aspirants who go from public employment to the primary job market need time to find their place, which could be one of the possible reasons for the...
Read moreMLBKT: the Purchasing Manager Index increased in October
The seasonally adjusted October value of the Purchasing Manager Index (PMI) became 57.3, meaning that respondents reported more favorable processes than in the previous month. The October index is higher...
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KSH: the number of employees increased in the third quarter
In the third quarter of this year, the average number of employees was 4 million 487 thousand, 36 thousand more than a year before. The employment rate of 15-64 year-olds...
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