Tag "magyar gazdaság"

KSH: In January, the number of employees was 4,644,000

The average monthly number of employees aged 15-74 was 4,644,000 in January 2022. In the period from November 2021 to January 2022, the average number of employees was 4,676,000, 75,000...

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KSH: earnings continued to grow

In December last year, the gross and net average earnings of full-time employees, excluding benefits, increased by 9.7 percent year-on-year. The average gross earnings were 494,800 HUF, excluding public employees,...

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Agriculture was not great last year

It can be said that the Hungarian economy has split in 2021, which is no better shown than the fact that, according to the KSH, growth reached 7.1 percent last...

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MNB: household savings increased in the fourth quarter of last year

Households’ net financial savings amounted to 905 billion HUF, or 5.8 percent of GDP, in the fourth quarter of last year, compared to 111 billion HUF in the third quarter...

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KSH: GDP grew by 7.1 percent in 2021 as a whole

Hungary’s gross domestic product (GDP) grew by 7.1 per cent in 2021 compared to the previous year, and by 2.1 percent in 2019, the Central Statistical Office (KSH) announced on...

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KSH: agricultural producer prices increased by 31.0 percent

In December last year, agricultural purchase prices were 31.0 percent higher than a year earlier, with statistics showing an average increase of 19.3 percent last year, according to the latest...

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Hungarian inflation at 2007 heights

In January 2022, consumer prices were on average 7.9 percent higher than a year before. Inflation was last higher in August 2007, the Central Statistical Office (KSH) reported on Friday....

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The value of corporate acquisitions in Hungary increased by half last year

The total value of corporate mergers and acquisitions (M&A) in Hungary last year was 1.67 billion USD (520.8 billion HUF), which was almost 50 percent higher than in 2020, said...

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GKI: per capita purchasing power in 2020 was 2 million HUF

At the national level, the purchasing power per capita (total income) averaged 2 million HUF in 2020, increasing by 7 percent in nominal terms in one year, GKI Gazdaságkutató Zrt....

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The vast majority of stores enforce the food price stop

The vast majority of stores are validating the food price stop, with experts finding fault in just 17 stores last week, the strategic secretary of state for the Ministry of...

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Századvég: real wage growth is expected to average double-digit this year

Regős Gábor, head of the macroeconomic business unit of the Századvég Konjunktúrakutató Zrt., expects real wage growth to average above ten percent this year. Regős told M1 news channel on...

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Analysts: growth this year may be higher than last year’s

Most analysts have been positively surprised by the pick-up in retail at the end of last year, which is expected to grow even more this year due to the extraordinary...

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KSH: retail turnover increased by three and a half percent last year

Excluding the calendar effect, the turnover of retail stores increased by 6.2 percent in December last year, by 6.7 percent according to raw data, and by 3.5 percent for the...

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KSH: foreign trade balance showed a deficit of 76 million euros in last November

In November last year, the value of exports in euros increased by 8.2 percent and imports by 15.7 percent year-on-year, the balance deteriorated by 682 million euros and showed a...

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KSH: 4,687,000 employees in December

The average monthly number of employees aged 15-74 in December 2021 was 4,687,000. In the period of October-December 2021, the average number of employees was 4,688,000, which is 65,000 more...

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According to Equilor, the economy could grow by 4.5 percent this year

In the first half of the year, domestic consumption will push up economic growth, after which external demand may have a positive effect on the data with the recovery of...

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Analysts: inflation and labor shortages are pushing up earnings

Analysts told MTI last November that the earnings rose unexpectedly last year are attributed to high inflation and labor shortages. According to a report released by the Central Statistical Office...

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KSH: Earnings grew by 10.1 percent last November

In November last year, the average gross earnings of full-time employees were 482,400 HUF, and the average net earnings excluding benefits were 320,800 HUF, both 10.1 percent higher than a...

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AM: The result of the Hungarian canning industry has increased to two and half fold since 2010

The result of the Hungarian canning industry has increased to two and half fold since 2010 and the export capacity of the sector has also strengthened, the state secretary of...

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Századvég: corporate and retail sentiment had improved significantly

The Business Tendency Survey of the Századvég, measured an improving sense of economic activity among both the population and businesses. The value of the household economic index on the scale...

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Takarékbank revised its growth forecast for last year and this year downwards

Macroeconomic analysts at Takarékbank and the Magyar Bankholding have downgraded their GDP forecast for 2021 to 6.9 percent from 8 percent and this year’s growth forecast to 6 percent from...

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Raiffeisen: Hungarian economy could expand by 4.5 percent this year

The recovery of the economy may continue, this year the growth rate may exceed 4 percent in Europe and up to 4.5 percent in Hungary, the bank’s analysts said at...

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Profession.hu: companies started a strong recruitment last year

From the point of view of the labor market, 2021 was an unprecedented year, during the twelve months a visible, intense wave of recruitment went through the country, the companies...

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Minister of Agriculture: the performance of agriculture has increased significantly in recent years

The regional productivity of Hungarian agriculture increased by 161 percent between 2010 and 2021, Minister of Agriculture Nagy István wrote on his community page. The head of the ministry drew...

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Analysts: food and durable goods have raised inflation in December

Analysts told MTI that inflation had not slowed last December in spite of expectations. A lot is expected from the January indicator, because the revaluations at the beginning of the...

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KSH: agricultural purchase prices continued to rise

The rise in agricultural purchase prices accelerated further in November last year, by an average of 27.2 percent year-on-year after rising 26.1 percent in October. The rise in prices for...

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KSH: consumer prices rose by 5.1 percent last year

Last December, consumer prices were on average 7.4 percent higher than a year earlier, 0.3 percent higher than a month earlier and up 5.1 percent year-on-year, the Central Statistical Office...

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The World Bank has improved its forecast for the Hungarian economy

The government is working to maintain its lead in relaunching the Hungarian economy and to keep the Hungarian economy on a dynamic growth path even in a slowing global economic...

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Domestic consumption has increased VAT revenues

The amount of tax collected between January and November significantly exceeds the figures planned for the same period, and based on the outstanding VAT revenues, domestic consumption developed very well...

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KSH: sales of retail stores increased by 3.8 percent

In November last year, the volume of retail trade turnover increased by 3.8 percent, compared to the same period of the previous year, according to both raw and calendar-adjusted data,...

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