105 result(s) for ‘positive’ outlook
Fitch Affirms Hungary’s Junk Rating; Outlook Positive
- 23 Nov 2015 8:00 AM
- business
Fitch Ratings affirmed Hungary’s “BB plus” sovereign credit rating, one notch under investment grade, with “positive” outlook, in a scheduled review Friday evening. Earlier most analysts expected an upgrade to “BBB minus”, the bottom of investment grade, but Hungary’s Economy Minister Mihály Varga played down the chance for “a major change” in a Friday morning television interview.
Moody’s Takes Rating Actions On Six Hungarian Banks
- 13 Nov 2015 8:00 AM
- business
Ratings agency Moody’s has taken rating actions on six Hungarian banks, prompted by the outlook change to Hungary’s sovereign rating to “positive” from “stable” last Friday. Moody’s also changed Hungary’s Macro Profile to “Weak+” from “Weak”, driven by the improvement in the Hungarian banks’ operating environment, in particular in the country’s economic strength.
Moody’s Changes Budapest Outlook To Positive From Stable
- 10 Nov 2015 4:00 AM
- business
Ratings agency Moody’s Investors Service raised the outlook on the city of Budapest’s Ba1 issuer rating to “positive” from “stable”. Moody’s also affirmed the capital’s Ba1 rating. Moody’s noted that on Friday it had raised the outlook on Hungary’s “Ba1” sovereign long term issuer rating, one notch under investment grade, to “positive” from “stable” and said that the upgrade to the capital’s ...
Fitch: Hungary Among Most Likely Sovereigns For Investment Grade Upgrade
- 4 Nov 2015 8:00 AM
- business
Hungary’s “BB+” sovereign credit rating is a single notch below investment grade and its outlook is positive and it is likely to be upgraded to investment category, Fitch Ratings said. Ever since Hungary was downgraded to speculative grade in January 2012, its credit profile has improved considerably, consistent with the current positive outlook, Fitch said.
Expansion Of Hungarian Retail Sector Continued For The 25th Consecutive Month
- 25 Sep 2015 9:00 AM
- shopping
In July 2015, the volume of retail sales was up by 6.8 percent compared to the corresponding period of the previous year, and thus the positive retail sales trend has been in place for the 25th month in a row.
Sunday Closing In Hungary Boosts Online Sales
- 3 Sep 2015 1:08 AM
- shopping
The value of online retail sales was more than 16% higher, year-on-year, in the first half, according to an estimate by economics institute GKI and online price comparison site Árukeresõ. More dramatically, online sales grew by about a third from the first quarter to the second, partly due to the restrictions on Sunday shopping, GKI added. In the second quarter, online retailers had a more ...
Economy Minister Hails American Contribution To Hungary’s Economy
- 1 Jul 2015 9:00 AM
- business
Hungary has managed to successfully confront the financial crisis the repercussions of which Greece is suffering from even today, the Hungarian economy minister said at the business forum organized by the American Chamber of Commerce in Hungary. Investment and more efficient use of EU funds are likely to be the main drivers of future economic growth in Hungary, Mihály Varga said.
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 ...
Business Confidence Deteriorates, Consumer Confidence Improves In Hungary
- 27 May 2015 9:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in May as business confidence declined, but consumer confidence improved slightly. The index slipped to minus 3.1 points in May from minus 2.9 points in April. The business index dropped to 3.7 points from 4.9, but the consumer index rose to minus 22.6 points from minus 25.0.
Fitch Affirms Hungary’s Junk Rating; Outlook Positive
- 23 Nov 2015 8:00 AM
- business
Fitch Ratings affirmed Hungary’s “BB plus” sovereign credit rating, one notch under investment grade, with “positive” outlook, in a scheduled review Friday evening. Earlier most analysts expected an upgrade to “BBB minus”, the bottom of investment grade, but Hungary’s Economy Minister Mihály Varga played down the chance for “a major change” in a Friday morning television interview.
Moody’s Takes Rating Actions On Six Hungarian Banks
- 13 Nov 2015 8:00 AM
- business
Ratings agency Moody’s has taken rating actions on six Hungarian banks, prompted by the outlook change to Hungary’s sovereign rating to “positive” from “stable” last Friday. Moody’s also changed Hungary’s Macro Profile to “Weak+” from “Weak”, driven by the improvement in the Hungarian banks’ operating environment, in particular in the country’s economic strength.
Moody’s Changes Budapest Outlook To Positive From Stable
- 10 Nov 2015 4:00 AM
- business
Ratings agency Moody’s Investors Service raised the outlook on the city of Budapest’s Ba1 issuer rating to “positive” from “stable”. Moody’s also affirmed the capital’s Ba1 rating. Moody’s noted that on Friday it had raised the outlook on Hungary’s “Ba1” sovereign long term issuer rating, one notch under investment grade, to “positive” from “stable” and said that the upgrade to the capital’s ...
Fitch: Hungary Among Most Likely Sovereigns For Investment Grade Upgrade
- 4 Nov 2015 8:00 AM
- business
Hungary’s “BB+” sovereign credit rating is a single notch below investment grade and its outlook is positive and it is likely to be upgraded to investment category, Fitch Ratings said. Ever since Hungary was downgraded to speculative grade in January 2012, its credit profile has improved considerably, consistent with the current positive outlook, Fitch said.
Expansion Of Hungarian Retail Sector Continued For The 25th Consecutive Month
- 25 Sep 2015 9:00 AM
- shopping
In July 2015, the volume of retail sales was up by 6.8 percent compared to the corresponding period of the previous year, and thus the positive retail sales trend has been in place for the 25th month in a row.
Sunday Closing In Hungary Boosts Online Sales
- 3 Sep 2015 1:08 AM
- shopping
The value of online retail sales was more than 16% higher, year-on-year, in the first half, according to an estimate by economics institute GKI and online price comparison site Árukeresõ. More dramatically, online sales grew by about a third from the first quarter to the second, partly due to the restrictions on Sunday shopping, GKI added. In the second quarter, online retailers had a more ...
Economy Minister Hails American Contribution To Hungary’s Economy
- 1 Jul 2015 9:00 AM
- business
Hungary has managed to successfully confront the financial crisis the repercussions of which Greece is suffering from even today, the Hungarian economy minister said at the business forum organized by the American Chamber of Commerce in Hungary. Investment and more efficient use of EU funds are likely to be the main drivers of future economic growth in Hungary, Mihály Varga said.
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 ...
Business Confidence Deteriorates, Consumer Confidence Improves In Hungary
- 27 May 2015 9:00 AM
- business
GKI-Erste’s combined gauge of consumer and business confidence edged down in May as business confidence declined, but consumer confidence improved slightly. The index slipped to minus 3.1 points in May from minus 2.9 points in April. The business index dropped to 3.7 points from 4.9, but the consumer index rose to minus 22.6 points from minus 25.0.