Tag "magyar gazdaság"
MNB: the 3 percent inflation target could be realized at the beginning of 2019
The growth rate of consumer prices in Hungary is expected to reach the central government’s 3 percent long-term inflation target at the beginning of 2019, Várhegyi Judit, head of department...
Read moreAnalysts expect inflation of around two percent
The targeted VAT cuts in certain goods and services (poultry meat, eggs, raw milk, internet, hospitality) reduce inflation, while the fuel prices, rising domestic demand and wage increases increase consumer...
Read moreInflation is over two percent
Consumer prices were on average 2.1 percent higher in July than a year before. Compared to June, the average consumer price did not change, the Central Statistical Office (KSH) reported...
Read moreBusiness confidence improved significantly in the SME sector
Business confidence improved significantly in the small and medium-sized enterprises (SMEs) sector, compared to the previous quarter – the MKIK Institute for Economic Research and Enterprise Research (GVI) told MTI....
Read moreAnalysts: strong consumer confidence maintains the growth in retail sales
Growth in retail sales in June was expected, due to the strong growth of wages in April and May. The growth in real wages and the 11-year high consumer confidence...
Read moreKSH: growth in retail sales continued in June
In June, retail sales increased by 5.5 percent in year-on-year comparision and calendar effect adjusted increased by 6.0 percent. In the first half of the year, the turnover grew by...
Read moreMKIK GVI: Businesses are more positive about their situation
Businesses more positively assess their current profitability, order stock and business position than a quarter earlier, according to the July data survey of MKIK and GVI. The business climate index...
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KSH: surplus in May was 959 million euros
Following the swing in April, exports and imports again reached double-digit growth in May. The value of exports in euros was 19.7, and imports were 18.7 percent higher than in...
Read moreBisnode: The number of newly established companies has increased slightly
The number of newly founded companies in Hungary rose by a minimum of 147 in the first half of the year, compared to the same period of last year –...
Read moreGKI: the balance is worsening slightly, the inflation is accelerating this year
According to the analysis of the GKI Gazdaságkutató Zrt. (GKI Economic Research Co.), external and internal balance slightly deteriorates this year, inflation is accelerating, but these processes are acceptable in...
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KSH: the number of employees is over 4.4 million again
In the second quarter, the average number of employees was 4 million 420,000, 77,000 more than a year before, while the employment rate of the 15-64 year-olds grew by 1.6...
Read moreThe Hungarian-Russian economic relations have gained new impetus
The economic ties between Russia and Hungary have gained new impetus. After the fall of many years in the first four months of this year, the trade between the two...
Read moreKSH: Retail sales rose the most in May this year
Retail sales volume grew by 6.0 percent according to the raw data. Calendar effect adjusted, the increase reached 5.5 percent in May, compared with a year before, according to the...
Read moreGKI: the economic growth index reached a historic peak in July
In July, GKI’s economic growth index has reached a historic peak. During the 20 year history of surveys the index has never been as high as in July – the...
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Analysts: Despite the slower growth in May, real wages this year may increase by 10 percent
The slowdown in the pace of wage growth in May compared to April was a slight negative surprise to the analysts, which was primarily explained by seasonal influences. As a...
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KSH: the average earnings reached a double digit growth in May
In May, gross and net average earnings were 12.9 percent higher than in the same period of the last year, after the 14.6 percent growth of April and the 12.8...
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Bank lending may accelerate
London Financial Analysts predict on Wednesday that the pace of bank lending in Hungary is expected to accelerate in the next two years. The BMI Research financial and economic analyst,...
Read moreExport can pull the corporate sector up
Over the next year, the domestic large companies expect a 2.2 percent increase in sales and a 1.4 percent profit increase. This is a downturn compared to last year’s forecasts,...
Read moreThe Kopint-Tárki Zrt. expects an increase of 3.7 percent and a 2.3 percent inflation this year
This year, the researchers of the Kopint-Tárki Konjunktúrakutató Intézet Zrt. expects an increase of 3.7 percent and an annual inflation of 2.3 percent inflation – Palócz Éva, CEO of the...
Read moreInflation was at its low point in June this year
The slowdown in inflation in June was in line with the analysts’ expectations, who continue to expect increase. After last month’s slowdown, the price of commodity prices, especially the prices...
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GKI: The minimum wage increase affected net earnings less than expected
The minimum wage increase affected net earnings less than expected. In case of the taxpayers, who declared themselves as minimum wage entrepreneurs, net wages between May 2016 and May 2017...
Read moreConsumer prices rose by 1.9 percent in June
Consumer prices were on average 1.9 percent higher in June than a year before. Compared to May, prices did not change – the Central Statistical Office (KSH) said on Tuesday....
Read moreBisnode: the number of liquidations decreased
Liquidations and redundancies continued to declinein the first quarter of this year – the Bisnode Magyarország Kft. told MTI on Wednesday. According to the quarterly analysis, the sharp decline in...
Read moreKSH: Retail sales increased by 6 percent
The volume of retail sales turnover grew by 6.0 percent according to the raw data. Calendar effect adjusted, the increase was 5.4 percent in May compared to the same period...
Read moreK&H: the confidence of Hungarian companies decreased slightly
The confidence of the micro, small and medium-sized enterprises (SMEs) has weakened slightly, the K&H SME confidence index reflecting the companies’ expectations for a year now is down by two...
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The Purchasing Manager Index has increased slightly
The seasonally adjusted purchasing manager index (PMI) in June was 57.2, according to which the respondents reported more favorable processes than the previous month – the Hungarian Logistics, Purchasing and...
Read moreKSH: foreign trade surplus has decreased
In April, exports in euros were 1.9 percent lower than a year before, while imports dropped by 0.6 percent year-on-year, following a sharp rise of 19.0 and 21.3 percent in...
Read moreRaiffeisen analysts have raised their growth forecast this year to 3.8 percent
Raiffeisen Bank analysts have upgraded their expectations for the GDP growth to 3.8 percent from the previous 3.2 percent for 2017 – Török Zoltán, senior analyst at Raiffeisen Bank said...
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KSH: the number of employees has increased
The average number of employees was 4 million 393 thousand in March-May, 79 thousand more than a year before, while the employment rate of the 15-64 year-olds increased by 1.6...
Read moreNGM: Non-food retailing grew at the fastest pace
The biggest increase was in non-food retailing in April, which can be explained by the vibrant activity of digital commerce and packet delivery services – Pomázi Gyula, Deputy Minister of...
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