Tag "magyar gazdaság"
GfK: purchasing power in Hungary grew by more than 7 percent this year
Purchasing power per capita in Hungary this year grew to 6654 euros, by more than 7 percent, compared to last year, while the European growth rate is 2.5 percent –...
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The borrowing of households is expanding rapidly
The borrowing activity of the population is increasing steadily, according to the data of the Netrisk.hu financial comparison site. The portal has delivered more than three times more personal credit...
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Analysts: the increase in earnings is lagging behind expectations
The August growth rate of earnings lags behind analysts’ expectations, but according to them, a steady rise is expected in the labor market, but the rising of real wage growth...
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KSH: Earnings grew by 10.1 percent In August
In August, gross average earnings reached 321 172 forints, net average wages 213 579 forints, which is 10.1 percent more than a year before. In the first eight months of...
Read moreRetail sales expanded further
In April, retail sales grew by 4.4 percent in line with the raw data, while calendar effect adjusted, mainly due to Easter effect increased by 6.1 percent, compared to the...
Read moreKSH: agricultural producer prices increased by 6 percent in August
In August, agricultural producer prices increased by 6.0 percent – with a greatest extent since November – compared to the same period of last year, following a 1.2 percent rise...
Read moreMNB: food and tobacco products increased inflation in September
Inflation increased by 0.2 percentage points in September, compared to the previous month. The growth was driven by rising food and tobacco prices – Várhegyi Judit, head of the Hungarian...
Read moreAnalysts: domestic demand increases imports
Internal consumption and investments drive imports, while export growth has slowed considerably in August, which reduced the foreign trade surplus according to MTI analysts. According to the first estimate of...
Read moreIMF has improved the Hungarian GDP growth forecast for 2018 and 2019
The International Monetary Fund (IMF) has improved its GDP growth forecast for this year and the next year in its autumn global economic forecast. According to the World Economy Outlook,...
Read moreKSH: prices increased by 3.6 percent in a year
In September, consumer prices were 3.6 percent higher than in the previous year; increasing by an average of 0.3 percent, compared to August – the Central Statistical Office (KSH) reported...
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Exports increased by 0.9 percent in August
In August, exports calculated in euros increased by just 0.9 percent, compared to the year before, following the 11.4 percent peak in July. Import increased by 6.1 percent, after the...
Read moreThe modernization loan is popular
In less than three weeks, claims were received to more than ten percent to the MFB Points Network. The modernization loan aims to increase the competitiveness of the small and...
Read moreThe Savings Bank raised its growth forecast to 4.1 percent next year
The Savings Bank (Takarékbank) confirmed its 4.6 percent forecast for the growth of the Hungarian economy this year, basically based on the boom in investment. However in 2019, the GDP...
Read moreAnalysts: the increase in retail turnover exceeded expectations
The growth in retail trade in August was higher than the market expectations. It could be a good signal for the third quarter of GDP as well – market analysts...
Read moreRetail sales continue to increase
In August, retail sales grew 6.3 percent. Calendar effects adjusted the growth was 6.8 percent, compared to the prevous year – according to the first estimate of the Central Statistical...
Read moreGrowth in 2017 was driven by consumption and investment
Last year, household consumption and investments pushed the economy’s growth, while net exports detracted performance – Németh Dávid senior analyst at K & H Bank commented the latest economic growth...
Read moreITM: 40,000 people swiched from public employment to the competitive sphere this year
In Hungary this year, 40,000 people switched from public employment to the competitive sector and 30 to 50,000 from the current 110 to 120 thousand can go to the primary...
Read moreHungarian companies are still crediting their customers at a record level
The proportion of deferred payments in domestic commerce (B2B) decreased, however, while the duration for invoicing and the number of bad debts increased. According to the Atradius Credit Provider’s Barometer...
Read moreMLBKT: PMI in September shows continued growth
The seasonally adjusted September value of the Purchasing Manager Index (PMI) was 53.8 points, which indicates that respondents reported more favorable processes than in the previous month. The index is...
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In June-August KSH employed 39 thousand more than a year earlier
During the June-August period, the average number of employees was 4 million 484 thousand, 39 thousand more than a year before. The employment rate of 15-64 year-olds increased by 0.8...
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In August, the number of jobseekers decreased by 6.7 percent
The number of registered jobseekers decreased by 6.7 percent in Hungary over a year, according to the National Employment Service (NFSZ). On the closing day of August, there were 251,300...
Read moreKSH: retail sales continued to grow
In July, the volume of retail sales grew by 5.4 percent according to the raw data. Calendar effect adjusted the growth was 5.3 percent higher than a year before –...
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KSH: earnings growth continued to accelerate
In July, gross average earnings were 12.8 percent higher than in the previous year, with job earnings rising by 12.1 percent in the first seven months – the Central Statistical...
Read moreMNB: inflation will be slightly above 3 percent in the short term
According to the latest inflation report of the National Bank of Hungary (MNB), inflation is expected to be slightly above 3 percent in the short term. In a sustainable manner...
Read moreSzázadvég: fixed-rate loans give SMEs financial stability
The central bank’s fixed interest rate loan for small and medium-sized companies will provide financial stability and will have a stimulating effect on economy – Regős Gábor, economist at Századvég...
Read moreThe ten millionth online bill was issued
The online account system was launched on July 1. Now after two and a half months, the ten millionth bill has arrived at the tax office. The new online system...
Read moreKSH: agricultural producer prices increased
In July, the 4.5 percent increase in the price of vegetable products and the 4.0 percent decrease in prices of live animals and animal products led to a 1.2 percent...
Read moreElemzők: az idényáras élelmiszerek tartották magasan az inflációt
Az elemzők várakozása ellenére nem mérséklődött az éves infláció augusztusban, de a maginfláció csökkenése továbbra is az inflációs nyomás hiányát jelzi a magyar gazdaságban – így kommentálták az MTI-nek nyilatkozó...
Read moreEquilor: GDP growth continues to accelerate this year
According to the analysts of the Equilor Investment Ltd., the dynamic growth of the Hungarian economy will continue this year, but the dynamics of the economy may slow down next...
Read moreKSH: prices grew by 3.4 percent in August
In August, consumer prices were 3.4 percent higher on average than a year before. Compared to July, consumer prices increased by 0.1 percent – according to the Central Statistical Office...
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