Tag "magyar gazdaság"
KSH: net earnings rose 8.0 percent in April
The average monthly gross earnings in April were 6.4 percent higher than a year before, while net wages – due to the reduction in the tax rate – rose by...
Read moreConsumption arising from wage growth will boost the economy
Analysts interviewed by MTI expect a 5.4 to 6 percent gross wage growth for 2016. The analysts believe that consumption may be the main engine of economic growth in the...
Read moreSzázadvég: economy may expand by 2.1 percent this year and 3.2 percent next year
According to the forecast of the Századvég Gazdaságkutató Zrt., the Hungarian economy in 2016 will expand by 2.1, while in 2017 by 3.2 percent. Expansion this year may grow mostly...
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The majority of the Hungarian companies gave cafeteria to the employees
55 percent of the companies with a minimum of 1 employee provides cafeteria to the employees in 2016 The most popular non-wage benefits are the local travel allowances and the...
Read moreThe competitive position of SMEs has improved
The quarter of businesses believe that they surpass their competition within a year – according to the recent research of the K&H SME confidence index. However, in the World Economic...
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Export surplus continued to increase in April
The euro-denominated value of exports increased by 5.1 percent, while imports fell 1.9 percent in April, compared with a year before, the trade surplus increased by 527 million euros to...
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MNB: the popularity of the growth loan program justified the increase in allocations
The product of the growth loan program (NHP) has become very popular among the small and medium-sized enterprises (SMEs), as well as among the banks. Therefore the National Bank of...
Read moreKSH: trade and catering increased the GDP in the first quarter
The volume of gross domestic product in the first quarter was 0.9 percent higher than in the previous year. The market services increased slightly, while the industry slightly reduced and...
Read moreSME sector’s business confidence improved in the first quarter
The business confidence in the small and medium-sized enterprise sector continued to improve in the first quarter, compared to the previous quarter – the Economic and Enterprise Research Institute (GVI)...
Read moreAnalysts: the increase in retail sales may continue throughout the year
The growth in retail sales continues during the year – according to analysts interviewed by MTI, who mentioned the increase in net real wages as the main reason. The Central...
Read moreKSH: export and import declined in March
In March, the value of exports in euros decreased by 3.5, while imports by 3.2 percent compared to a year before, the trade balance surplus declined by 58 million euros...
Read moreGKI: slowing growth, accelerating consumption
In the first quarter, only the Greek growth was worse than the Hungarian growth. Due to the worse than expected data the GKI modified this year’s growth forecast from 2.3...
Read moreKSH: the volume of investments decreased in the first quarter
The volume of investments decreased by 9.6 percent in the first quarter of this year, compared to a year before. According to the seasonally adjusted volume indices, compared with the...
Read moreMKIK: business confidence increased slightly in Hungary
According to the April-economic analysis of the MKIK Economic and Enterprise Research Institute (GVI), the business confidence rose slightly in the first quarter in Hungary compared to the previous quarter....
Read moreCoface: internal consumption is the engine of economic growth in Hungary
In Hungary, the engine of economic growth will be primarily internal consumption, mainly due to the decline in unemployment, the increase in disposable income – according to the fresh analysis...
Read moreKSH: March retail sales growth slowed slightly
In March the annual growth rate of retail sales slowed slightly. According to the calendar effect adjusted data the retail trade volume was 4.2 percent, compared to a year before....
Read moreThe weight of foreign companies in Hungary is decreasing strongly
The proportion of foreign-owned companies is declining among the dominant businesses ie the role of foreign capital is declining. This decline is more apparent in light of the fact that...
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Wages continue to increase
According to analysts polled by MTI the momentum of wage growth may continue, in the next few months. According to the data of the Central Statistical Office (KSH) published on...
Read moreThe GKI sentiment index increased slightly in May
The decline of the GKI sentiment index has stopped in May. The index declined since January. The index increased slightly. According to the research of GKI (www.gki.hu), carried out with...
Read moreAnalysts: the GDP data caused a negative surprise
The analysts evaluated the 0.9 percent GDP growth of the first quarter (compared to the same period of last year) as a negative surprise. Virovácz Péter, ING’s macro analyst said...
Read moreHungarian economy slowed
In the first quarter gross domestic product (GDP) increased by 0.9 percent compared to the same period of the previous year – was based on an initial estimate by the...
Read moreThe government expects a GDP growth above 3 percent until 2020
In its fiscal outlook for the years 2018-2020, the government expects a GDP growth over 3 percent and 0.9 percent inflation in 2017. The government expects 2.4 percent inflation in...
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The Russian embargo caused nearly 300 billion HUF export losses
The Hungarian exports to Russia have reduced drastically since the relations became bad between the EU and Moscow. The sanctions and the Russian food import restrictions have caused many billions...
Read moreRetail sales momentum may remain
Experts told MTI that retail sales may grow vigorously further. The Central Statistical Office (KSH) announced on Wednesday that retail sales rose by 4.2 percent in March, according to the...
Read moreKSH: retail sales in March rose by 4.2 percent
The annual growth rate of retail sales was slowing slightly in March. According to the calendar effect adjusted data, the retail trade volume was 4.2 percent higher than a year...
Read moreThe European Commission expects a 2.5 percent increase this year and a 2.8 percent growth for the next year in Hungary
This year, 2.5 percent, next year 2.8 percent economic growth is expected in Hungary by the European Commission, which published its spring economic forecasts for both the EU and for...
Read moreGKI: the economy is slowing down
The growth figures in the beginning of the year indicate a slowdown in the Hungarian economy. GKI’s GDP forecast remained unchanged: after the 3.7 percent growth of 2014 and last...
Read moreKSH: Hungary's economic performance is in the midfield in the EU
The performance growth of the Hungarian economy continued in 2015. The gross domestic product (GDP) grew by 2.9 percent in 2015, compared to a year before. With this economic output...
Read moreKSH: employment increased further
The number of employees increased further in the first quarter and 145 thousand more peple are working than a year before – the Central Statistical Office (KSH) announced on Thursday....
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Budai Gyula: Hungary interested in relieving the Russian embargo
Hungary interested in relieving the Russian embargo, in partial releases of the embargo involving agricultural products – Budai Gyula said on Wednesday in Szentes. Budai Gyula Ministerial Commissioner told at...
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