Tag "magyar gazdaság"

The KSH reported about nearly 600 million euros export surplus

In May, exports in euro were up 0.2 percent, imports increased by 2.9 percent, compared to the same period of last year. Foreign trade surplus was 596 million euros, 226...

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Nearly half of the SMEs expect an increase in the number of employees

Optimistic mood is taking place in the domestic SME sector, according to UniCredit’s recent research, but each company considers that its own position is worse than the market sees them...

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MLBKT: the economy continued to grow in July

The seasonally adjusted purchasing manager index was 53.1 points in July, increased from the 53.0 points of June. The Hungarian Logistics Purchasing and Inventory Company (MLBKT) told MTI on Wednesday...

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Analysts: increasein retail sales may continue

The growth in retail sales in May exceeded the expectations of analysts; according to experts interviewed by MTI, a further growth is expected, which may slow down in the second...

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GKI: The growth of the Hungarian economy is at peak

The Hungarian economy grew by 4.4 percent in the first quarter of 2017 and in the first quarter of 2018, with the highest fourth-fifth highest rate in the region reaching...

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KSH: The number of employees increased further in the second quarter

The average number of employees was 4 million 475 thousand in the April-June period, ie in the second quarter, 55 thousand more than a year before. The employment rate of...

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Tusványos: Hungarian companies need own product!

According to Palkovics László, Minister of Innovation and Technology, Hungarian companies needs own products for Hungary’s success. He stressed that the government should deal with corporate innovation, as despite the...

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Retail sales grew above seven percent

According to the raw data, retail sales volume grew by 7.1 percent in May, compared to the same period of last year. Calendar effect adjusted, the growth was 7.7 percent...

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KSH: earnings grew by nearly 11 percent

The average gross earnings of full-time employees in May were 327 500 forints, 10.9 percent higher than a year before – the Central Statistical Office (KSH) reported on Friday. In...

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There are huge differences in earnings between different parts of Hungary

In the financial sector there is a net wage difference of 263 thousand forints between some parts of the country, but in healthcare it also reaches 110 thousand forints –...

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The lending of SMEs is growing but still below the EU average

The economic recovery can be also felt in the lending market for the small and medium-sized enterprises. The loan portfolio provided to the sector is expanding for for two years,...

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The performance of logistics increased in the Hungarian economy

The yearbook of the Central Statistical Office (KSH) gives a very mixed picture of the past year’s data on transport and storage – Világgazdaság Online wrote. The compilers themselves, for...

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The European Commission expects a 4 percent growth in Hungary for 2018 and 3.2 percent for 2019

The European Commission improved its prognosis for the growth in Hungarian gross domestic product (GDP), which is expected to grow by 4 percent in 2018 and by 3.2 percent in...

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MNB: rise in inflation is temporary

Inflation is only temporarily and exceeded 3 percent in June, due to external reasons – Várhegyi Judit, head of the Hungarian National Bank (MNB) told M1 news channel on Wednesday....

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Consumer loans over 250 billion in a month

The value of new consumer credit contracts of the households exceeded 250 billion forints in the first five months. It is more than one and a half times more than...

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Inflation over three percent

Consumer prices were on average 3.1 percent higher in June than in the previous year and compared with May, increased by an average of 0.3 percent – the Central Statistical...

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Foreign trade surplus was 577 million euros in May

In May, the value of exports in euro was practically unchanged in annual terms, imports increased by 2.9 percent and foreign trade surplus decreased by 245 million euros to 577...

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The service sector is continuously expanding in Hungary

The performance of services in Hungary has been expanding for years, and now it has four times the value of the industry in the entire economy – Csath Magdolna economist...

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Raiffeisen expects growth above four percent

Raiffeisen analysts have increased their GDP expectations from the previous 3.8 percent to 4.2 percent, and economic growth is expected to be 3.4 percent next year – Török Zoltán, senior...

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KSH: retail sales increased by 7.2 percent in May

According to the raw data, the volume of retail stores’ turnover was 7.2 percent higher, while calendar effect adjusted was 7.8 percent higher, compared to the same period of the...

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KSH foreign trade surplus was 517 million euros in April

In April, the volume of exports increased by 11.7 and its imports grew by 16.2 percent, compared to the same period of the previous year, while the foreign trade surplus...

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KSH: employment continued to increase

In the March-May period, the average number of employees was 4 million 457 thousand, 64 thousand more than a year before. The employment rate of the 15-64 year olds grew...

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GVI: business confidence set a record

The level of business confidence in Hungary has slightly improved in the second quarter, compared to the first quarter, according to a survey conducted by the Hungarian Institute of Economics...

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Varga: it is a priority is to strengthen competitiveness

The government continues to emphasize its task of effectively helping to strengthen the competitiveness of Hungarian businesses – the Minister of Finance said at a press conference held after the...

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GfK: retail sales may increase by 6 percent this year

Retail retail sales can grow by 6 percent this year in Hungary, while in the EU-28, the average growth will be 2.1 percent, according to a study of GfK’s market...

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The Savings Bank has improved its GDP forecast

Takarékbank’s analysts have slightly increased their forecast for GDP growth this year, from 4.5 percent to 4.6 percent – basically on the basis of boosting investment – Suppan Gergely, senior...

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GKI’s economic sentiment index reached a new historic peak

GKI’s economic sentiment index reached another peak in June. According to the empirical survey conducted by GKI with the support of the EU, business expectations in June were close to...

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Analysts: growth can be higher than expected all year

The growth of Hungary’s GDP in the first quarter was slightly higher than expected. As a result the Takarékbank and ING Bank have already upgraded their growth expectations for the...

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KSH: growth in earnings continued to accelerate

In April 2018, the gross average earnings reached 340,600 forints, which is 12.6 percent higher than a year before. In the fourth month of the year, the rise in earnings...

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KSH: the growth of retail sales continues

Retail sales, calculated on unchanged price increased by 4.3 percent in April, compared to the data of a year before. Seasonally adjusted retail sales – mainly due to the Easter...

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