Tag "magyar gazdaság"
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...
Read moreAnalysts: 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,...
Read moreOECD 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...
Read moreCIB: 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...
Read moreKSH: 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 –...
Read moreOKISZ 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...
Read moreVarga 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...
Read moreLess 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...
Read moreKSH: 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...
Read moreRetail 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...
Read moreKSH: 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...
Read moreEuropean 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...
Read moreAdditional 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...
Read moreNGM: 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...
Read moreKSH: 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...
Read moreRaiffeisen: economic growth is on peak
The Hungarian economic growth is on top. The first-quarter GDP growth could be around 5 percent – Török Zoltán, senior analyst of Raiffeisen Bank said on Monday in Budapest at...
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NGM: more than 10 percent wage growth is realistic for this year
A more than 10 percent wage growth is realistic in the Hungarian economy for this year – Banai Péter Benő, Minister of State of the Ministry of National Economy (NGM)...
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KSH: the number of employees grew by 70,000 in one year
From December 2017 to February 2018, the average number of employees was 4 million 441 thousand, 70 thousand more than a year before, the Central Statistical Office (KSH) reported on...
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