Tag "magyar gazdaság"
MKIK: 81 percent of companies plan to raise wages this year
Date: 2022-01-07 11:25:05
This year, 81 percent of companies plan to raise wages, 18 percent indicated that they will not change wages, while 1 percent expect a decline, MKIK told MTI in its...
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The MNB Vice-President: the series of base rate increases in 2022 will continue
Date: 2021-12-16 11:22:53
Prolonged inflationary pressures justify long base rate hikes, and the monthly series of rate hikes will continue in 2022, Virág Barnabás, vice-president of the Magyar Nemzeti Bank (MNB) said in...
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Kopint-Tárki revised its GDP growth forecast for this year downwards
Date: 2021-12-15 11:47:47
Kopint-Tárki has revised its GDP growth forecast for this year down to 6.1 percent from 6.8 percent indicated in the autumn, CEO Palócz Éva announced at the online presentation of...
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The MNB has raised its inflation forecast for this year to 5.1 percent
Date: 2021-12-15 11:29:40
The central bank has raised its inflation forecast for this year to 5.1 percent and lowered its GDP expectation to 6.3 – 6.5 percent, according to key figures in its...
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ManpowerGroup: 34 percent of employers plan to increase headcount in Hungary in the first quarter of 2022
Date: 2021-12-15 11:22:46
34 percent of employers plan to expand their headcount in Hungary in the first quarter of 2022, while 17 percent expect a reduction; such optimism was last seen among market...
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According to a study, income of 61 percent of Hungarians did not change despite the pandemic
Date: 2021-12-13 11:28:31
61% of the Hungarian population did not perceive substantial change in their income situation caused by the pandemic. About a third of the respondents reported a decrease in income –...
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KSH: agricultural output value increased by 13 percent this year
Date: 2021-12-09 11:38:43
The total output value of agriculture in 2021 increased by 13 percent. Production volume fell 2.3 percent and prices rose 16 percent. The volume of crop production decreased by 6.5...
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Analysts: inflation may have peaked in November
Date: 2021-12-09 11:28:37
Inflation may have peaked in November, MTI analysts said, but expect only a slow decline and continued monetary tightening. According to a report released by the Central Statistical Office (KSH)...
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KSH: consumer prices rose by 7.4 percent in November
Date: 2021-12-08 11:53:49
In November, consumer prices were on average 7.4 percent higher than a year earlier. The last time inflation was at least that high was in December 2007, the Central Statistical...
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MNB: wide range of products and services caused inflation to rise in November
Date: 2021-12-08 11:21:55
In November, inflation rose by 0.9 percentage points and core inflation by 0.6 percentage points; The rise in inflation was reflected in a wide range of products and services, the...
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Analysts: retail started well in the fourth quarter
Date: 2021-12-06 11:50:10
The higher-than-expected growth in retail sales in October marks an encouraging start to GDP growth in the fourth quarter, with the services sector remaining the only area to make a...
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KSH: retail sales increased by 5.7 percent
Date: 2021-12-03 11:40:37
According to both raw and calendar-adjusted data, the volume of retail sales increased by 5.7 percent in October compared to a year earlier, the Central Statistical Office (KSH) said on...
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Analysts: further slowdown in economic growth may come
Date: 2021-12-02 11:45:44
Due to component shortages, the energy crisis and the fourth to fifth waves of the pandemic, analysts told MTI that a fear further slowdown in economic growth may occur. In...
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KSH: GDP grew by 6.1 percent in the third quarter
Date: 2021-12-01 11:40:02
Gross domestic product (GDP) grew 6.1 percent year-over-year in the third quarter, up 0.7 percent from the previous quarter. In the first three quarters, the performance of the economy exceeded...
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Earnings growth will increase further next year
Date: 2021-12-01 11:20:40
Wage outflows remain high. Analysts expect increases with next year’s increases and benefits. They also warn that all of this has been offset by rising inflation risks. According to a...
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MLBKT: PMI indicates a slowing increase
Date: 2021-12-01 11:20:05
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in November was 52.2 points. The pace of expansion is slightly lower than the 52.9 points in October and the...
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KSH: Earnings increased by 9.1 percent
Date: 2021-11-30 11:35:45
In September, average gross and net earnings were 9.1 percent higher than a year before. Growth continued to pick up after 8.9 percent in August. The average gross earnings of...
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Government subsidies and soft loans also supported investment
Date: 2021-11-29 11:25:49
The volume of investment in the third quarter exceeded the pre-crisis level, in which the government’s and the central bank’s support and concessional loan programs, but also the inflow of...
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KSH: employment increased in October
Date: 2021-11-29 11:18:51
In October, the average monthly number of employees aged 15-74 was 4,688,000, 86,000 more than a year before. According to the three-month moving average used as the main indicator, the...
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KSH: enterprises and the manufacturing industry pulled the investments in the third quarter
Date: 2021-11-26 11:45:25
Investment continued to expand in the third quarter, up 12.4 percent from a year before. Among enterprises, investments increased by 21.8 percent, while developments in the budgetary bodies realizing 13...
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MKIK GVI: business cycle indicator at the pre-pandemic level
Date: 2021-11-23 11:22:25
The economic indicator of the MKIK GVI Institute of Economics and Entrepreneurship Research (MKIK GVI) rose from 28 points to 38 points in April, the lowest value since the beginning...
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The exchange rate of the forint is at a historic low
Date: 2021-11-23 11:21:53
The exchange rate of the forint reached a historic low on Tuesday against the euro and the Swiss franc, and its share against the dollar fell to its weakest level...
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Analysts: economic growth has slowed more than expected
Date: 2021-11-17 11:30:36
The growth of the Hungarian economy in the third quarter came as a negative surprise, analysts told MTI, who see growth slowing more than expected in the third quarter. Economic...
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MNB: households’ willingness to save in the third quarter declined
Date: 2021-11-17 11:25:30
Households’ financial savings fell by a third to 681 billion HUF in the third quarter compared to the previous year, by 14 percent year-on-year, according to preliminary data published by...
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Hungarian GDP grew by 6.1 percent on an annual basis
Date: 2021-11-16 11:44:51
In the third quarter, Hungary’s gross domestic product (GDP) was 6.1 percent higher than a year earlier, according to raw and seasonally and calendar-adjusted data, the Central Statistical Office (KSH)...
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EU forecast: Hungary’s economic growth will remain strong in 2022
Date: 2021-11-12 11:56:57
Hungary’s economic growth will remain strong at 5.4 percent in 2022 thanks to fiscal stimulus measures, but is expected to slow to 3.2 percent in 2023 as policy support gradually...
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Analysts: inflation became higher than expectated in October
Date: 2021-11-10 11:42:18
Inflation accelerated beyond expectations in October, according to analysts interviewed by MTI. The Central Statistical Office announced on Tuesday that consumer prices were on average 6.5 percent higher in October...
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In October, prices increased by 6.5 percent compared to the same month of the previous year
Date: 2021-11-09 11:59:10
In October this year, consumer prices were on average 6.5 percent higher than a year before. Over the past year, the prices of fuels, spirits and tobacco have risen significantly....
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Analysts: a substantial increase in retail sales is encouraging
Date: 2021-11-08 11:41:30
Analysts reporting to MTI were positively surprised by the September retail sales figures, which suggest they could have a positive impact on third-quarter GDP data as well. According to a...
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KSH: trade surplus was 1.3 million euros in September
Date: 2021-11-08 11:20:34
After two months in September, foreign trade again produced a surplus, with exports exceeding the value of imports by 1.3 million euros, the Central Statistical Office (KSH) reported on Monday,...
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