Tag "OECD"

An agreement on uniform taxation of the digital economy could be reached next summer

Today, the finance ministers of the G20 countries are discussing the package of proposals announced recently by the OECD, which aims to tax the digital economy and introduce a uniform...

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The OECD expects global GDP to fall less than expected this year

The OECD expects a smaller global economic downturn than previously forecast in June, mainly due to better-than-expected performance by China and the United States in the first six months as...

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The unemployment rate in OECD countries fell in July

The average unemployment rate in the members of the Organization for Economic Co-operation and Development (OECD) fell to 7.7 percent in July from the 8 percent in June. According to...

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Consumer price growth accelerated minimally in OECD countries in July

In the member states of the Organization for Economic Co-operation and Development (OECD), the annual growth rate of consumer prices accelerated to 1.2 percent in July from 1.1 percent in...

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The economic performance of OECD member countries plummeted in the second quarter

Due to the measures against the new coronavirus pandemic an unprecedented decline occured in the economic performance of the 37 member states of the Organization for Economic Co-operation and Development...

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Rising uncertainties from COVID-19 cloud medium-term agricultural prospects

The fight against the global COVID-19 pandemic is causing unprecedented uncertainties in global food supply chains, with potential bottlenecks in labour markets, input industries, agriculture production, food processing, transport and...

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Decreasing pig prices

NAIK AKI PÁIR data reveal that on the 31st week the price of summer apple was HUF 320/kg, 10 forints more than a year earlier. Buyers had to pay HUF...

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What changes does the coronavirus pandemic bring to agriculture

The emergence of the coronavirus has severely affected agriculture in developed and developing countries. It can already be seen that the demand for perishable products will not recover soon, and...

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Consumer price inflation slowed in OECD countries in May

In the member states of the Organization for Economic Co-operation and Development (OECD), the annual growth rate of consumer prices slowed to 0.7 percent in May from 0.9 percent in...

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The OECD expects the strongest economic downturn in peacetime in the last century

The world economy will suffer its strongest decline in peacetime this year as a result of the coronavirus pandemic, before returning to a growth trajectory next year, according to the...

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Economic growth in the OECD slowed down

The combined economic growth of the OECD member countries slowed in the fourth quarter compared with the previous quarter. According to the Organization for Economic Cooperation and Development (OECD) website,...

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The OECD has lowered its global growth forecast

Since the economic and financial crisis, the world economy is expected to suffer the biggest decline due to the outbreak of the coronavirus – according to the Paris-based Organization for...

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Unemployment rate is unchanged in the OECD member countries

Unemployment remained unchanged in December, with unemployment averaging 5.1 percent in OECD member countries. According to the OECD website, there were 32 million 563,000 unemployed in the OECD area in...

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Consumer prices in OECD countries have accelerated

In OECD member countries, the annual growth rate of consumer prices accelerated to 1.8 percent in November, from the 1.6 percent of October, the lowest rate since November 2016. In...

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OECD: global economy is slowing faster than expected this year

The Paris-based Organization for Economic Co-operation and Development (OECD) has worsened its forecast for global economic growth this year. According to the OECD’s biannual forecast, this year’s global economic growth...

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The OECD has improved its GDP growth forecast for Hungary for 2019 and 2020

GDP growth is slowing compared to last year, but Hungary’s economic growth this year and next year will be faster than previously expected, according to the latest OECD forecast released...

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The OECD’s economic growth slowed in the third quarter

The combined economic growth of the OECD member countries slowed down in the third quarter, compared to the previous quarter. According to tentative data posted on the Organization for Economic...

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The rate of increase in consumer prices in the OECD countries slowed down in September

In the Organization for Economic Co-operation and Development (OECD) member states, the lowest inflation rate occured in September, since November 2016. It was 1.6 percent, after the 1.9 percent of...

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OECD: FDI decreased by 20 percent globally in the first six months

Foreign direct investment (FDI) in the world fell by 20 percent in the first half of this year. The decline was 5 percent in the first quarter and 42 percent...

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The OECD has downgraded its global economic growth forecast

The OECD has lowered its earlier forecast of growth in the world economy this year to the lowest level since the financial crisis of 2008-2009, due to growing trade conflicts...

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Consumer prices in the OECD countries accelerated in July

In particular, the rise in food prices accelerated the rate of increase in consumer prices in the member countries of the Organization for Economic Cooperation and Development (OECD) in July....

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The rate of rise in consumer prices slowed down in the OECD countries in May

The rate of increase in consumer prices in the member states of the Organization for Economic Co-operation and Development (OECD) slowed down in May. In May, average annual inflation in...

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Vocational training can be the solution to regional inequalities

Increasing world-wide employment would give room for faster development, but regional disparities deter countries from achieving their goals – according to the recently published OECD study conducted with the assistance...

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ITM: successful Hungarian stand for domestic carriers

The firm action of the Hungarian delegation prevented the increase of the quota of carriers from countries outside the European Union at the Annual Transport Summit of the International Transport...

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OECD: the growth of the Hungarian economy is slowing down, but remains strong

The growth of the Hungarian economy is slowing down but remains strong this year and next year -according to the latest OECD forecast released on Tuesday. Analysts from the Paris-based...

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OECD: this year’s global economic growth is slowing

This year’s global economic growth forecast has been worsened in the forecasts of the Paris-based Organization for Economic Cooperation and Development (OECD) on Tuesday. The OECD forecasts a global economic...

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Seven percent of EU imports are counterfeit

There is a growing problem that an increasing share of the commodities traded in world trade are counterfeit, for example, 7 percent of EU imports are counterfeit products, which poses...

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Hungary does not support the taxation of home- made pálinka cooking

The Hungarian government still does not support the taxation of home-made pálinka cooking, and therefore seeks to achieve at the EU to allow the tax exemption of pálinka cooking for...

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According to the OECD, further reforms will contribute to a stronger and more inclusive Hungarian economic performance

Due to the high employment level, the Hungarian economy is in the middle of a strong recovery, which also increases wages, consumer confidence and domestic demand. According to the new...

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OECD: Hungarian GDP may increase by 4.6 percent this year

According to the OECD projections, Hungarian GDP growth rises to 4.6 percent this year from last year’s 4.4 percent. The previous forecast predicted 4.4 percent. For the next year, the...

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