Tag "magyar gazdaság"
Less profit could be left for SMEs
The domestic companies expect a 8.6 percent higher sales revenue than before and a moderate profit growth of 4.5 percent – according to the K&H SME confidence index research. Regarding...
Read moreKSH: Retail sales increased more than previously expected
In August, retail sales volume grew by 4.7 percent over the same period of the previous year, according to the raw data and calendar effect adjusted – according to the...
Read moreNGM: Growth in retail sales may continue
Growth in retail sales may continue in the next few months, fueled by the upcoming holiday season and the boost in the construction industry – Pomázi Gyula, the Deputy Minister...
Read moreAtradius: GDP can increase by 3.5 percent next year
Next year, the Hungarian economy may grow larger than expected, and growth will outperform most of the Central and Eastern European economies the Atradius Credit Provider forecasts. According to the...
Read moreGKI’s growth index has declined
In October, the GKI’s economic activity index fell slightly in October compared to its historic peak of September. This is a consequence of the deterioration of business expectations, however consumer...
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Hungarian exports can exceed 100 billion euros
This year, the growth in Hungarian exports is dynamic again: from the 71 billion euros of 2010 it will increase above 100 billion euros, by the end of this year....
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The number of jobseekers fell further in September
The number of registered jobseekers dropped by 4.8 percent in Hungary over a year, while the National Employment Service (NFSZ) recorded 268 400 jobseekers at the end of September, nearly...
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Thirteen percent increase in earnings over a year
In August, gross average earnings were 13.2 percent higher than a year before, the Central Statistical Office (KSH) reported on Thursday. The rate of growth was slightly different from the...
Read moreKopint-Tárki expects faster growth
The Kopint-Tárki Research Institute improved this year’s and next year’s gross domestic product (GDP) growth forecast. In 2017, instead of the 3.7 percent (predicted in July), gross domestic product growth...
Read moreKSH: household consumption grew in each main groups in the first half of 2017
In the first half of the year, household consumption grew in all main groups, compared to the same period of 2016, reaching 4.5 percent in real terms and 7 percent...
Read moreCoface upgraded Hungary
Hungary has been upgraded by Coface. The credit insurer justified its decision because of the economic growth and the improvement of the business environment. According to Coface’s Thursday announcement, following...
Read moreAnalysts: September inflation is lower than expected
The September consumer price index has become lower than the market expectations, but the increase in core inflation reflects the growing domestic demand, but mostly the growth of the excise...
Read moreThe IMF improved Hungary’s GDP growth forecast for this year and for the next year
The International Monetary Fund has improved Hungary’s GDP growth forecast for this year and next year in its autumn global economic forecast. According to the World Economic Outlook, October 2017...
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KSH: imports in exports increased even more in August
In August, exports in euros were 10.3 percent, imports 13.0 percent more than in the previous year. The trade surplus was 440 million euros, 119 million euros less than in...
Read moreTrade with China can be doubled
By the end of the decade, the volume of trade between the Central and Eastern European region and China could reach 100 billion USD, which is almost twice the value...
Read moreAnalysts: retail sales may increase with 4-5 percent this year
Retail sales may increase by 4-5 percent this year, and macroeconomic analysts interviewed by MTI claim that similar results are expected next year. According to the report of the Central...
Read moreThe Pénzügykutató Zrt. expects a growth of around 3.8 percent this year and for 2018
After last year’s weakening, the Hungarian economy has accelerated. This year and next year, the growth is expected to be around 3.8 percent, according to the latest forecast of the...
Read moreRetail sales strengthened
The growth in retail sales continued in August. Store sales were 4.6 percent higher than in the same period of last year, after the 4.2 percent growth in June and...
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KSH: import was growing faster than export in July
In July, the value of exports in euros was 5.0, while the value of import was 11.3 percent higher than one year before. Export surplus was 348 million euros, 410...
Read moreThe seasonally adjusted value of the Purchasing Manager Index (PMI) for September is 59.3.
Compared to the previous September, this year’s value exceeds the long-term September average (52.3) and the average of the last three years (54.3) as well. Most of the sub-indices examined...
Read moreMagyar Levente: Chinese companies make a significant contribution to Hungary’s economic successes
Chinese companies are making a significant contribution to Hungary’s economic success, and Hungarian exports to China are expected to continue to grow and increase their added value in products –...
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Rural development projects were announced in a value of almost 1000 billion HUF so far
The Rural Development Program (Vp) announced applications worth 969 billion HUF, about two-thirds of the 1300 billion HUF budget – the Minister of State of the Prime Minister’s Office in...
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KSH: the number of employees increased further
In the three-month period from the beginning of June to the end of August, the number of employees was 4 million 444 thousand people, 58 thousand more than a year...
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Analysts: wage growth still persist
Wages will rise by 13 to 14 percent this year, and this growth rate will continue next year, according to macroeconomic analysts interviewed by MTI. According to data published by...
Read moreMNB director: economic growth can permanently exceed 3.5 percent
The Hungarian economy is expected to reach an over 3.5 percent growth this year and the next year, and the Hungarian National Bank (MNB) expects that the 3 percent inflation...
Read moreThe GKI prosperity index reached another peak in September
In September, the GKI prosperity index continued to grow, including the business confidence index; consumer expectations have slightly deteriorated, but they still show strong optimism – the GKI Economic Research...
Read moreRetail sales increased by 4.2 percent in July
In July, retail sales grew by 4.2 percent year-on-year, according to raw and calendar-adjusted data, according to the second estimate of the Central Statistical Office (KSH) published on Friday. The...
Read moreMNB Director: Sustainable achievement of the inflation target is expected a quarter later, in mid-2019
According to the latest Inflation report of the Central Bank, the sustainable achievement of the inflation target is likely to be achieved by one quarter later in mid-2019. The investments...
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KSH: gross gross earnings grew in July by 13.1 percent
In July, gross average earnings grew by 13.1 percent, compared to the same period of the previous year. The growth rate of earnings slowed a slight decrease after the 14.4...
Read moreThe Takarékbank has raised its economic growth forecast this year
The Takarékbank (Savings Bank) is expecting a further boost in investment, raising this year’s GDP growth forecast from 3.9 percent to 4 percent, and next year forecasting 4.2 percent instead...
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