Tag "magyar gazdaság"
After two and a half million vaccinations, a gradual reopening may come
On Saturday afternoon, a decree was published in the Hungarian Gazette on the extension of protection measures, the first stage of the phasing out of protection measures, and the opening...
Read moreMatolcsy: fastest economic recovery in 100 years may come
Keeping interest rate conditions unchanged means that we will continue to maintain a favorable financing position, said Matolcsy György, Governor of the Magyar Nemzeti Bank (MNB), at a press conference...
Read moreThe companies are in a difficult position for the third wave
The companies are in a difficult position for the third wave of the coronavirus pandemic, according to the results of the R&D confidence index of SMEs. The second wave affected...
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Pénzügykutató: Hungary’s GDP could grow by 3.8 percent this year
In Hungary, GDP may expand by 3.8 percent this year, the general government deficit may reach 7.7 percent of the GDP, and the government debt ratio may decline to 80.2...
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Economic sentiment deteriorated in March, according to a survey of Századvég
The economic sentiment of the population and companies has also deteriorated compared to the previous month due to the worsening virus situation and the introduced austerity measures – the Századvég...
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At the beginning of the year, the number of starting jobs increased
The number of advertised starting jobs decreased throughout the last year, the signs of improvement began to appear around November-December, this trend persisted in the first months of 2021 as...
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According to the European Commission, this year’s performance of the Hungarian economy is expected to exceed the EU average
As a result of the measures taken by the government to protect the economy and encourage a restart, Hungary may be able to overcome the crisis caused by the coronavirus...
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MNB: credit dynamics were at the forefront of the EU last year
Despite the coronavirus pandemic, the credit market performed outstandingly last year, and Hungary is at the forefront of the EU in terms of both corporate and retail credit dynamics, an...
Read moreThe European Investment Bank is also helping to reopen the Hungarian economy
The resources provided to Hungary by the European Investment Bank (EIB) serve to protect health, maintain jobs and support investment, ie help to relaunch the economy, Minister of Finance Varga...
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The MNB expects five percent economic growth
We can be optimistic about the recovery of the economy – this was also highlighted by last year’s gross domestic product (GDP) data – economic growth is expected to average...
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Analysts expect further acceleration in inflation in the spring months
In terms of both magnitude and structure, February inflation was in line with expectations, according to analysts who expect a further rise due to the base effect of fuel prices...
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A good basis for this year’s growth in retail turnover is the increase in household savings, according to an analysis
As retail savings grew in 2020, it could be a good basis for retail growth in 2021, Euler Hermes, a credit insurer, told MTI in its latest forecast on Tuesday....
Read moreKSH: consumer prices rose by 3.1 percent in February
In February, consumer prices were 3.1 percent higher than a year earlier and up 0.7 percent from the previous month – the Central Statistical Office (KSH) reported on Tuesday. Annual...
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Japanese companies continue to play an important role in the growth of the Hungarian economy
Japanese companies continue to play an important role in the further growth of the Hungarian economy, and when they think about expanding into the European market, they are among the...
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Varga Mihály: growth may be 4-4.5 percent this year
According to the Minister of Finance, the country be opened after Easter, in case of proper vaccinated, then there is hope that the Hungarian economy will achieve 4-4.5 percent growth...
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Analysts: retail may reach pre-epidemic levels by summer
The pre-pandemic level is expected to be reached in the summer months in retail trade. The increase in turnover in January compared to the previous month can be explained by...
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Retail sales fell 1.8 percent at the beginning of the year on an annual basis
Compared to the previous month, the seasonally and calendar-adjusted volume of retail trade sales increased by 0.5 percent in January. Compared to a year earlier, according to the raw data,...
Read moreLondon analysts expect stronger-than-expected Hungarian growth this year due to improved GDP performance at the end of last year
According to macroeconomic analysts in London, the upward adjustment of Hungary’s gross domestic product (GDP) in the fourth quarter of last year makes it probable that the Hungarian economy may...
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KAVOSZ: Széchenyi Card Program’s crisis constructions were extended
The crisis constructions of the Széchenyi Card Program will certainly be available to entrepreneurs by 31 December 2021, after the government extended the possibility of using loans from 30 June...
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Analysts: strong rebound potential in last year’s fourth-quarter GDP data
This year’s economic outlook is viewed differently by analysts interviewed by MTI; there were those who believed that last year’s upward-revised fourth-quarter GDP figure indicated a significant rebound potential, and...
Read moreKSH: GDP grew by 1.4 percent in the fourth quarter of last year
The volume of gross domestic product (GDP) decreased by 3.6 percent in the fourth quarter of last year, compared to the same period of the previous year. The seasonally and...
Read moreWithin the region, Erste is the fastest growing economy in Hungary
GDP growth rates in the region will be between 3 and 6 percent this year, with the strongest recovery of 5.5 percent expected in Hungary, the Erste Group told MTI...
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KSH: investments increased in the fourth quarter of last year
In contrast to the decline in the first three quarters of last year, the volume of investments increased by 2.5 percent in the fourth quarter compared to a year earlier....
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KSH: employment decreased in January
The average monthly number of employees was 4,537,000. Partly as a result of the pandemic, partly due to seasonal effects, the number of employees decreased by 97 thousand compared to...
Read moreMLBKT: PMI declined in February
The seasonally adjusted value of the Purchasing Managers’ Index (PMI) in February fell by 49.4 points from the 54.5 points of January – the Hungarian Logistics, Purchasing and Inventory Company...
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Analysts: the pace of wage growth will slow this year
Compared to the performance of the economy, wage growth was particularly dynamic last year, but this year the pace may slow markedly, as already indicated by the agreement on the...
Read moreCorporate liquidations peaked in January
According to Opten, the level of liquidations peaked in January as a mixed-impact effect of the Covid pandemic, but the number of start-ups was also close to record, according to...
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KSH: real earnings grew by 6.2 percent in 2020
The average gross earnings of full-time employees were 449,400 HUF last December, 10.6 percent higher than a year earlier. In 2020, gross average earnings reached 403,600 HUF and net average...
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Analysts: base rate remained unchanged as expected
The market did not expect the central bank base rate to change, the decision of the Monetary Council of the Magyar Nemzeti Bank (MNB) on Tuesday met analysts’ expectations, experts...
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