Tag "magyar gazdaság"
The government will continuously monitor the effects of the VAT reduction on pork
According to the government spokesman, the effects of the VAT reduction on pork will be continuously monitored. The datas will shop that similar steps may be introduced in other sectors....
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KSH: average earnings rose by 3.4 percent in February
Average earnings increased by 3.4 percent in February, compared to a year before, at firms employing at least five employees and in the Non-Profit sector – the Central Statistical Office...
Read moreThe favorable international economic environment can improve the sustainability of growth in Hungary
The improving international economic situation can have a positive impact on the external conditionality of the economic growth in Hungary. It can improve the Hungarian economic growth sustainability – the...
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The European Commission has suspended the payments
The European Commission (EC) has suspended the payments of the first three priorities of the Economic Development Operational Programme. The European Commission has suspended part of the interim payments from...
Read moreMorgan Stanley: household consumption is the engine of the Hungarian economy
The GDP can grow by 3.5 percent this year in Hungary, after last year's 3.6 percent, Morgan Stanley’s recent analyst predicts that the increase is mainly supported by the domestic...
Read moreVarga: the Hungarian economy remains on the current growth trajectory
The Hungarian economy will stay at the current growth trajectory in the next 1.5 – 2 years; According to the latest calculations the Hungarian GDP may grow by 2.8 to...
Read moreGKI: sentiment index remained unchanged in March
The seasonally adjusted value of the GKI-Erste economic index remained unchanged in March 2015. The index still represents a relatively optimistic mood; the business expectations have improved slightly, while the...
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Analysts expect further rate cuts
Market analysts expect further rate cuts after the Monetary Board’s Tuesday decision; lowering the base rate by 15 basis points to 1.95 percent, which is a new new historical low....
Read moreGKI forecasts slower growth
In 2014, the performance of the Hungarian economy was much better than anticipated by anyone. Nevertheless, in a forward looking perspective, it did not reach a trajectory that ensures sound...
Read moreSavings Bank: GDP may expand by 3.2 percent this year
According to the analysts of the Savings Bank (TakarékBank), the Hungarian gross domestic product (GDP) may increase significantly this year, by 3.2 percent. The engine of growth will primarily be...
Read moreKSH: GDP grew by 3.6 percent in 2014
The Hungarian gross domestic product (GDP) increased by 3.6 percent last year, compared to the previous year – the Central Statistical Office (KSH) announced on Friday. According to seasonally and...
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KSH: the trade surplus amounted to 6.4 billion euros last year
The euro value of exports increased by 4.2 percent last year, while teh imports in euros rose by 4.7 percent. The trade surplus became 6.4 billion euros, which is 153...
Read moreKSH: retail sales continued to rise in January
In January, retail sales rose by 7.7 percent, compared to the previous year – the Central Statistical Office (KSH) announced on Wednesday. Due to the post-Christmas sales the sales of...
Read moreThe Hungarian agriculture grew with the fastest pace in the EU
The output of the Hungarian agriculture expanded with the fastest pace in the EU in 2014 – the Minister of Agriculture said on Friday in Budapest at the Agrya Young...
Read moreThe NGM expects the further expansion of retail trade
The retail sales reached a ten-year record in 2014 – the Ministry of National Economy (NGM) told MTI on Thursday MTI, commenting the data of the Central Statistical Office (KSH)....
Read moreKSH: retail sales rose by 5.6 percent in December
According to calendar adjusted data, retail sales rose by 5.6 percent in last December, while in 2014 the volume of sales was 5.2 percent, higher than in the previous year...
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Investment increased by 14 percent last year
A total of 5,216 billion HUF was spent on investments in Hungary in 2014, 14 percent more than a year before. The investments increased in the majority of teh sectors...
Read moreGKI-Erste prosperity index: improved consumer confidence
The seasonally adjusted value of the GKI Erste prosperity index has remained unchanged in February. Its level is still representing a relatively optimistic mood. According to the survey by GKI...
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Nielsen: domestic retail sales grew faster than the European average
Domestic retail sales grew at a higher rate than the European average during the fourth quarter. In terms of quantity of 3.2 percent more food, household chemical goods and cosmetics...
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The Spar does not plan to withdraw from Hungary
The Spar does not plan to leave the Hungarian market, despite the fact that the company objects some Hungarian legislations – Gerhard Drexel, CEO of Spar Austria confirmed in an...
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More than 4,000 billion HUF EU fundings will be available for economic development
The European Commission has adopted all three operational programs under the supervision of the Ministry of National Economy (NGM), so more than 4,000 billion HUF EU fundings are available for...
Read moreAnalysts: the GDP data is surprisingly positive
Analysts polled by MTI assessed teh fourth quarterly GDP data as surprisingly favorable. The analysts also drew attention to the fact that such a high last-quarterly GDP growth occured in...
Read moreHay Group: a real wage growth above the European average is expected this year in Hungary
In Hungary, a higher than the European average real wage growth is expected this year – according to the latest survey of the Hay Group international management consulting firm. The...
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Many people use the opportunities of the loan program
The total loan portfolio of the national economy, compared to the previous quarter continued to increase. The stock value in the third quarter of 2014 increased to 6,705.3 billion HU,...
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The Hungarian-Turkish trade in goods increase to its fivefold
The bilateral trade of goods since 2002 increased to fivefold between Hungary and Turkey: there are great opportunities in the economic cooperation between the to countries in tourism and in...
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The government expects the banks to pick up small business loans in exchange for the tax reduction
Rogán Antal, the parliamentary group leader of Fidesz, mentioned the condition of the bank tax reduction that the banks to start up the lending to the small and medium-sized enterprises,...
Read moreAnalysts expect higher growth and lower inflation than the European Commission forecasted
The European Commission is too pessimistic with regard to next year’s economic growth and this year's inflation – the senior analysts of K&H and ING consider. According to the economic...
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The President of the Bank Association welcomes the reduction of the bank tax
Patai Mihály, the President of the Hungarian Bank Association welcomes the announcement on the possible reduction of the bank tax – the Hungarian Bank Association told MTI on Monday. He...
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KSH: trade surplus was 6.5 billion euros in 2014
Hungary's foreign trade balance closed last year with a 6.5 billion euros surplus, exports increased by 3.9, while imports grew by 4.3 percent compared to the previous year – teh...
Read moreThe European Commission expects slower economic growth in Hungary and lower deficits
According to the “winter economic forecast” of the European Commission (EC) in 2015 and in 2016, the European Commission expects slower economic growth in Hungary. The European Commission also lowered...
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