Tag "magyar gazdaság"
Hungary worsened the World Economic Forum's competitiveness list
Hungary is ranked 63rd on the competitiveness list of the World Economic Forum, on the basis of the Global Competitiveness Index (GCI). In last year’s survey Hungary was the 60th...
Read moreGKI: economy is slowing, risks are strengthening
According to the GKI Gazdaságkutató Zrt. (GKI Economic Research Plc.), the Hungarian economy is on a slowing path and the risks are strengthening. The GKI Economic Research Plc. forecasts that...
Read moreNGM: low inflation helps retail sales growth
The minimal inflation is contributing to real wage growth, so the households are able to buy more products, which also helps to achieve a growth in turnover – Lenner Áron...
Read moreKSH: retail sales rose by 6.8 percent in July
The volume of retail sales in July increased by 6.8 percent compared to the same period of last year, according to the raw and calendar effects adjusted data. This is...
Read moreThe MNB lowered its growth and inflation forecasts for this year
The Magyar Nemzeti Bank (Hungarian National Bank) slightly reduced its forecast for GDP growth this year. The Magyar Nemzeti Bank (Hungarian National Bank) expects a 3.2 percent GDP growth in...
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Feketelista.hu: more than fifth of Hungary's GDP is by the black economy
The ratio of the black economy is 22.1 percent in the gross domestic product (GDP) of Hungary, which corresponds to the average of the Central European countries – the feketelista.hu...
Read moreSavings Bank: 3.1 percent GDP growth is expected this year
According to the analysts of the Savings Bank, this year3.1 percent gross domestic product (GDP) growth is expected, while 2.5 percent expansion is expected for the next year – Oszlay...
Read moreEquilor: GDP may increase by 3.1 percent this year
According to the experts of the Equilor Befektetési Zrt. (Equilor Investment Ltd.) this year the, gross domestic product (GDP) may expand by 3.1 percent and it may grow with 2.7...
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The Kazakh-Hungarian economic relations will be strenghtened with Agricultural technology and tourism developments
The government will continue to support the participation of the Hungarian companies in the Kazakh development and industrialization programs – the Ministry of National Economy (NGM) told MTI, after Varga...
Read more0.2 percent annual average inflation is expected in 2015
Inflation can accelerate gradually in Hungary. On the basis of the new data – that consumer prices remained unchanged in August compared to the previous year – basic processes did...
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KSH: 674 million euros export surplus in July
The euro-denominated value of exports increased by 5.4 percent, while the value imports rose by 2.3 percent, compared to a year before. The trade balance surplus amounted to 674 million...
Read moreKSH: the consumer price level remained unchanged in August
The consumer price level remained unchanged in August, compared to the same period of last year, while compared with July consumer prices decreased by an average of 0.6 percent –...
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NBH: nearly 950 billion HUF worth contract in the second phase of the NHP
The participating banks in the second phase of the Central Bank's loan growth Programme (NHP) submitted data to the Hungarian National Bank (MNB) about services worth 947.2 billion HUF, of...
Read moreKSH: retail sales were mainly stimulated by food consumption
The volume of retail sales rose by 7.0 percent in July – according to both the raw data and the calendar effect adjusted data, compared to the same period of...
Read moreAnalysts: the increase in investments was a positive surprise
The analysts polled by MTI called the 5.7 percent second quarterly growth in investments as a positive surprise. According to the Central Statistical Office, investments increased by 5.7 percent in...
Read moreLondon analysts: slower, but “respectable” growth is expected in Central Europe
According to London financial analysts a bit slower but still a robust rate of “decent pace” increase s expected in the economies of Central and Eastern Europe, including Hungary. Morgan...
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Hungary's food-retail is on podium
The value and volume of food-retailing in Hungary has increased more than the European average during the second quarter, compared to the April-June period of the last year. In terms...
Read moreThe VAT fraud may reach 1,000 billion HUF
In Hungary, approximately 1,000 billion HUF VAT is cheated every year, while the rate of tax evasion can reach 22-25 percent of GDP – Farkas Gábor, Manager of PwC drew...
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KSH: average earnings increased by 3.6 percent in June
Average earnings grew by 3.6 percent in June compared with a year before. Without counting the wages of the public workers the increase was 4.7 percent – the Central Statistics...
Read moreKSH: GDP grew by 2.7 percent in the second quarter
Hungary's gross domestic product (GDP) grew by 2.7 percent in the second quarter compared to the same period of 2014. The increase was primarily due to the expansion of the...
Read moreAnalysts: it was expected that inflation will slow down in July
It was expected that inflation will slow down in July. On the basis of the recent data (consumer prices were 0.4 percent higher than a year earlier), however, the basic...
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Analysts: trade surplus exceeded the expectations in June
The growth of the trade surplus in June exceeded the expectations of the analysts. The annual export surplus according to the analysts of the Erste and ING Banks is likely...
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KSH: a revival in foreign trade in June
The foreign trade turnover increased significantly in June: the value of exports calculated in euros increased by 13.4 percent, while the imports by 8.9 percent, compared to the previous year,...
Read moreKSH: accelerated growth in retail sales in June
In June, retail sales rose by 7.2 percent in volume compared with a year before, after the 4.4 percent increase of the previous month. The calendar-adjusted data shows an annual...
Read morePMI’s value decreased in July
The seasonally adjusted value of the July Purchasing Managers' Index was 50.0 percent, 4.9 percentage points lower than in June – the Hungarian Association of Logistics, Purchasing and Inventory Management...
Read moreThe Kopint- Tárki expects a 3.2 percent growth and 0.5 percent inflation
The Kopint-Tárki Konjunktúrakutató Intézet Zrt. business climate research institute is expecting a 3.2 percent GDP growth and 0.5 percent inflation in its latest projection. Palócz Éva, chief executive of Kopint-Tárki...
Read moreNGM: savings and consumption are expanding in long-terms
Balogh László, Deputy Minister of State of the Ministry of National Economy (NGM), responsible for Finance Policy told that savings and consumption turned into the right direction in Hungary, their...
Read moreOutstanding optimism in SME sector
After the stagnation of the beginning of the year the firms’ confidence in the has improved. The K&H SME confidence index is currently -7 points after the 7-point jump. This...
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New trading houses will open in the Carpathian Basin
The Hungarian government will expand the network of trading houses in the Carpathian Basin – the Minister of Foreign Affairs and Foreign Economic Relations announced in Budapest on Tuesday, at...
Read moreGKI expects an around 2.7 percent GDP growth
The GKI Gazdaságkutató Zrt. Economic Research Company published its latest projection on Monday. According to the projection, the Hungarian economy will grow faster in 2015 than the EU average, which...
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