Tag "magyar gazdaság"
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...
Read moreGKI: 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...
Read moreTusványos: 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...
Read moreRetail 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 –...
Read moreThe 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,...
Read moreThe 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...
Read moreThe 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...
Read moreMNB: 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...
Read moreInflation 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...
Read moreForeign 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...
Read moreRaiffeisen 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...
Read moreKSH: 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...
Read moreGVI: 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...
Read moreVarga: 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...
Read moreGfK: 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...
Read moreThe 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...
Read moreAnalysts: 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...
Read moreKSH: 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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Exports and imports showed a double-digit growth
In April, the value of exports in euro was 10.7, while imports increased by 15.7 percent over the same period of last year. The turnover was affected by the fact...
Read moreVarga Mihály: economic growth of around 4 percent is expected in the next one and a half years
An economic growth of around 4 percent is expected in the next one to one and a half years – Finance Minister Varga Mihály said at the Business Forum of...
Read moreKSH: consumer prices increased by 2.8 percent in May
In May, consumer prices were on average 2.8 percent higher than in the previous year and 0.6 percent higher than in the previous month, according to the data of the...
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