51 result(s) for forecasts in Business
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Survey: 80% Of Foreign Companies Would Reinvest In Hungary
- 14 Apr 2016 9:00 AM
- business
Given the choice, 80% of foreign-owned companies would reinvest in Hungary based on the current situation, up from 71% in 2015, an annual survey of 227 companies carried out by the German-Hungarian Chamber of Industry and Commerce (DUIHK) showed, state-owned news agency MTI reported.
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
EC Forecasts Hungary Growth Slowing, Smaller Deficit
- 5 Feb 2015 2:00 AM
- business
Hungary’s economic growth is forecast to slow down in 2015 and in 2016 while its 2014 budget deficit is likely to be lower than the target, the European Commission said in its winter forecast.
Századvég Forecasts 3.3% Growth This Year In Hungary
- 22 Sep 2014 9:00 AM
- business
Hungary’s economy will grow by 3.3% this year and by 2.4% in the next, thinktank Századvég told MTI. Investments, especially in vehicle making, will boost growth this year, and domestic consumption in 2015, while technical factors and the phasing out of the National Bank of Hungary’s credit for growth scheme will slow down the economy in 2015.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Survey: 80% Of Foreign Companies Would Reinvest In Hungary
- 14 Apr 2016 9:00 AM
- business
Given the choice, 80% of foreign-owned companies would reinvest in Hungary based on the current situation, up from 71% in 2015, an annual survey of 227 companies carried out by the German-Hungarian Chamber of Industry and Commerce (DUIHK) showed, state-owned news agency MTI reported.
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
EC Forecasts Hungary Growth Slowing, Smaller Deficit
- 5 Feb 2015 2:00 AM
- business
Hungary’s economic growth is forecast to slow down in 2015 and in 2016 while its 2014 budget deficit is likely to be lower than the target, the European Commission said in its winter forecast.
Századvég Forecasts 3.3% Growth This Year In Hungary
- 22 Sep 2014 9:00 AM
- business
Hungary’s economy will grow by 3.3% this year and by 2.4% in the next, thinktank Századvég told MTI. Investments, especially in vehicle making, will boost growth this year, and domestic consumption in 2015, while technical factors and the phasing out of the National Bank of Hungary’s credit for growth scheme will slow down the economy in 2015.