Tag "magyar gazdaság"

All EU proposals will be announced by the end of the week

Until 2020, the country will receive approximately 9 thousand billion HUF from EU funds, while roughly three thousand billion HUF will be from the state budget – Bánki Erik (Fidesz),...

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(HU) GKI: 2,5 éves csúcsára jutott a konjunktúraindex márciusban

The GKI sentiment index is increasing for the fifth consecutive month in March. There were no significant changes, but the index reached its peak of the past 2.5 years –...

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Pénzügykutató: GDP will expand above 4 percent this year

The gross domestic product (GDP) growth rate this year may rise above 4 percent, due to the fact that investments will jump on low base. According to the latest forecast...

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K&H: subdued corporate demand for credit

According to the K&H Bank, credit demand is subdued, despite the low interest rate environment, and a growing deposit base characterizes the corporate sector. The demand for loans primarily boosts...

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London analysts: the performance of the Hungarian economy forecasts a stronger than expected growth this year

London financial analysts said that on the basis of the current activity indicators, the Hungarian economy started strongly this year and is likely to grow at a faster pace than...

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January wage increases brought a positive surprise

The 10 percent growth rate of the gross wages in January brought a positive surprise to analysts, as market expectations were around 8.5 percent. This year wages may grow by...

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The preparation of online billing to accelerate

The government does not intend to introduce new taxes – Varga Mihály told Magyar Idők. The Minister of National Economy prefer to increase state revenues combating the black economy. The...

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The performance of agricultural exports is outstanding for years

The driving force behind the Hungarian economy was agriculture in 2016, the performance of agricultural exports is high for many years – Czerván György, Minister of State for the Ministry...

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KSH: foreign trade turnover started the year well

In January, the value of export in euros increased by 14.3 percent, while the value of import increased by 15.1 percent, compared to the same period of the previous year....

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Inflation accelerated as expected

Inflation accelerated in February in Hungary by 2.9 percent, in line with the analysts’ expectations. In the coming months, inflation may exceed 3 percent, but the macroeconomic analysts interviewed by...

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KSH: the services and agriculture pulled last year’s GDP

The volume of gross domestic product (GDP) in last year’s quarter exceeded the previous year’s same quarter by 1.6 percent. The increase was primarily due to market-based services and agriculture...

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Analysts: this year’s economic growth will generate consumption

This year started well in retail according to analysts interviewed by MTI, who believe that GDP growth this year will be mainly generated by increasing household consumption. The Central Statistical...

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NGM: retail sales increasing for 43 months

The growth in retail sales continues in Hungary. The growth in consumption lasts for 43 months – Marczinkó Zoltán, Deputy Minister of State of the Ministry of National Economy (NGM)...

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GKI: economic growth can be around 3 percent this year

This year the GDP growth can be about 3 percent or slightly higher in Hungary – GKI Economic Research Co. told in its latest forecasts. In their communication sent to...

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One and a half billion euros, six thousand new jobs on the stage

Last year, more than ever positive decisions were born for a total of 71 projects to be implemented in Hungary, supported by the National Investment Agency (HIPA). In addition, the...

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The Purchasing Managers’ Index is on annual top

The purchasing managers’ index in February increased by 2.5 percentage points to 59.5 points from the 57.0 points of January. This is the highest value of the last year, and...

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Investments decreased by twenty percent last year

The volume of investments in the national economy in 2016 decreased by 20.0 percent, compared to the previous year, when it rose 7.1 percent in an annual comparison. In last...

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Cash usage costs a lot

From March, new two thousand and five thousand forint banknotes will arrive to everyday life. The new, modern banknotes are needed, but it is worth to make steps towards a...

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The payment behavior deteriorated at the Hungarian enterprises

Last year, two-thirds of the bills were paid in time, but this result is a few percentage points below the results of 2015 – the privatbankar.hu. quotes the Payment Experience...

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GKI: the growth of the sentiment index stopped in February

After a three-month increase, the improvement of the GKI sentiment index has stopped in February. The business expectations have not changed, while the consumer expectations deteriorated slightly. The index fluctuates...

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KSH: the improvement in employment came to a halt during the winter months

Between November 2016 and January 2017, the average number of employees was 4 million 401 thousand, 161 thousand more than the year before. The data shows a slight decrease of...

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NGM: retail sales are expanding for forty-two months

While retail sales are expanding for forty-two months, consumption has expanded at a rate has not seen since 2003 in 2016, thanks to improving employment indicators and the low inflation...

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KSH: retail sales increased by 4.5 percent in 2016

The volume of retail sales increased by 4.5 percent in 2016 after the 5.8 percent increase of last year, while the calendar-adjusted figures indicate a 4.6 percent increase – the...

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Concorde: Hungary’s GDP growth may be over 3 percent this year

The Hungarian GDP growth this year may range between 3-4 percent, and next year it is expected to increase over 3 percent, due to the retail wage growth and the...

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K&H: Subdued revenues and profit growth is expected by the SMEs this year

On average, 5.5 percent and 3.2 percent profit growth in revenues is expected by the small and medium-sized enterprises (SMEs) this year – according to the latest data of the...

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The Growth Loan Program ends

The companies have slightly more than one month left, to claim for the favorable sources of the Growth Loan Program’s for their investments. “The decisions on investments of a significant...

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The rise in real wages can be 8 percent this year

This year, real wages can increase by 7-8 percent in addition to a 1-1.5 percent inflation rate – Cseresnyés Péter, Minister of State of the Ministry of National Economy (NGM)...

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KSH: gross average earnings increased to over 305 thousand HUF in December

Last December, gross average earnings increased by 5.7 percent of gross earnings, while net average earnings were 7.3 percent higher than a year before. Excluding the wages of public employees,...

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There is no powerful Hungarian economy without agriculture and food industry

There is no powerful Hungarian economy without agriculture and food industry – the Minister of National Economy underlined at a forum in Budapest, organized for young agricultural professionals. Varga Mihály...

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Pioneer: a growth of around 4 percent is expected in Hungary

In the next two years the economic growth can be around 4 percent in Hungary and the CEE region has also have favorable prospects – Forián-Szabó Gergely, chief investment officer...

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