Tag "magyar gazdaság"

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...

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Varga 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...

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KSH: 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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KSH: GDP grew by 4.4 percent in the first quarter

In the first quarter, gross domestic product (GDP) grew by 4.4 percent. Seasonally and calendar effect adjusted, the growth was 4.7 percent, compared to the same period of the previous...

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Analysts: household consumption will persistently remain the driving force of economic growth

Household consumption remains the driving force behind economic growth, coupled with the added value of services on the production side. Market analysts commenting on the CSO report on Tuesday’s GDP...

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Imports rose more than exports

In the first quarter, the value of exports in euros was 3.4, the value of imports in euros was 3.9 percent higher than in the same period of last year,...

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The amount of food per capita reached 680 kilograms in 2016 in Hungary

The amount of food per capita reached 680 kilograms in 2016, according to the latest “Food Balances” publication of the Central Statistics Office (KSH) – Világgazdaság Online wrote. In Hungary,...

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OECD improved the Hungarian growth projection

The Organization for Economic Co-operation and Development (OECD) has improved its forecast for growth of the Hungarian economy in its most recent Wednesday publication called “Perspectives of the economy”. The...

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KSH: double-digit growth continued in earnings

In February, gross average earnings increased by 11.9 percent compared to a year before and reached 306 500 forints. In the first two months of the year, gross and net...

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KSH: employment grew in February and April

During the February-April period, the average number of employees was 4 million 445 thousand, 67 thousand more than a year before. The employment rate of the 15-64 year olds grew...

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Analysts: earnings growth accelerated in January surpassing the expectations

Following the increase in minimum wages and the shortage of skilled workers, the KSH reported on a salary increase exceeding the expectations in January. The pace of growth in earnings...

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CIB: growth is expected to be around 4 percent this year

This year, CIB Bank analysts report an economic growth may be close to four percent, with inflation below three percent, and loose monetary policy – Trippon Mariann, chief analyst of...

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KSH: the retail data has become even better

The raw volume of retail sales grew by 8.7 percent in March. The calendar effect adjusted volume of retail sales increased by 7.3 percent – mainly due to Easter –...

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OKISZ General Assembly: perceptible development of SMEs is needed

The General Assembly of the Hungarian Industry Association (OKISZ) Wednesday called for the perceptible development and support of SMEs and the creation of the conditions for wage convergence. Vadász György,...

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KSH: earnings grew by 12.4 percent in the first quarter

With the 11.3 percent increase in March, earnings grew by 12.4 percent in the first quarter of this year compared to the same period of last year – the Central...

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Varga Mihály: competitiveness and productivity improvement is the most important task of the coming years

Improving competitiveness and productivity in the coming years is the most important task in Hungary – Varga Mihály appointed Finance Minister told, adding that the competitiveness of the Hungarian small...

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ÁSZ: economy in Hungary is becoming whiter

The sustainable process of whitening the economy is taking place in Hungary – Domokos László, Chairman of the State Audit Office (ÁSZ) told M1 news channel on Tuesday morning. According...

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The energy sector, construction and hospitality among the most turbulent sectors

“In some sectors, hardly 80 percent of firms operate for a year, indicating that the domestic companies are still far from equilibrium” – Pertics Richárd, Opten’s Corporate Information Director said....

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Improving industrial and construction expectations, deteriorating consumer, commercial and service expectations

The GKI economic sentiment index deteriorated marginally in May. According to the empirical survey conducted by GKI with the support of the EU, this was the result of the deterioration...

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Less optimism among large companies

Optimism among domestic large companies slightly weakened – according to the first quarterly result of K & H’s corporate growth index. The year-on-year indicator of the largest domestic companies fell...

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KSH: consumer prices increased by 2.3 percent in April

Average consumer prices were 2.3 percent higher in April, than in the previous year and increased by an average of 0.7 percent, compared to the previous month – according to...

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Retail sales increased higher than expectated in the first quarter

The growth in retail sales in March surpassed the expectation of analysts, who suggest that gross domestic product could rise sharply in Q1. According to the first estimate published by...

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KSH: the Easter effect has increased retail sales

Retail sales increased by 8.5 percent in March. Calendary effect adjusted retail sales increased by 7.1 percent, compared to the same period of last year, mainly due to the Easter...

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European Commission: the growth of the Hungarian economy will remain strong in 2018

The growth of the Hungarian economy will remain strong in 2018, but it is expected to slow down in 2019, as the construction industry’s opportunities will be more limited and...

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MLBKT: the April Purchasing Manager Index continued to increase but slowed somewhat

The seasonally adjusted value of the Purchasing Manager Index (PMI) in April was 53.3 points, lower than the 57.0 points of March and the seventh highest April value – the...

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KSH: number of employees increased by 67 thousand in one year

In January-March 2018, the average number of people employed was 4 million 435 thousand, 67 thousand ie 1.5 percent more than a year before, the Central Statistical Office (KSH) reported...

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Additional VAT cuts and increased efficiency are needed in the food industry

The food industry operators felt greater government attention between 2014 and 2018, but the performance of the sector is still below EU competitors. Professionals say that without the development of...

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NGM: retail has been growing steadily for 56 months

Retail sales have been growing steadily for 56 months and in the next period similar growth can be expected – the Deputy Minister of State of the Ministry of National...

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The optimism of the domestic businesses is unbroken

Domestic companies are looking forward to the future with optimism. The K&H SME confidence index has moved 2 points upwards, standing on 10 points, which is the second best in...

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KSH: retail turnover grew more than it was previously indicated

In February, retail sales volume grew by 6.6 percent, compared to the same period of the previous year, according to the raw and calendar effect adjusted data – the Central...

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