753 result(s) for bank in Business
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Inflation Picks Up To 2.3 Pc, Industrial Output Down 0.5 Pc In Hungary
- 14 Feb 2017 8:00 AM
- business
Annual consumer prices in Hungary grew by 2.3 percent in January, accelerating from a 1.8 percent increase in December, the Central Statistical Office (KSH) said. Hungarian industrial output fell by an annual 0.5 percent in December 2016, while output for the full year rose by 0.9 percent, a detailed reading of data released by KSH on Tuesday shows.
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
Hungary Trade Surplus Reaches 556 M Euros In Dec
- 10 Feb 2017 6:10 AM
- business
Hungary posted a trade surplus of 556 million euros in December, narrowing by 82 million euros from the same month a year earlier. Exports climbed by 7.7% to 7.284 billion euros. Imports were up by 9.9% at 6.728 billion euros, the Central Statistical Office (KSH) said.
Hungary’s Household Wealth Second Lowest Among Eurozone Countries
- 9 Feb 2017 9:30 AM
- business
The average household wealth in Hungary amounts to EUR 50,800, a mere 22.7 percent of the Eurozone average, meaning average wealth would need to increase 440 percent to reach that average, and 500 percent to reach that of neighboring Austria. Neighboring Slovakia’s average household wealth surpasses Hungary’s by 30 percent, while Poland’s is nearly twice as high.
Govt, Bank Of China Sign Strategic Cooperation Pact
- 24 Jan 2017 8:50 AM
- business
Hungary’s government and Bank of China (BoC) have concluded a strategic cooperation agreement. The document was signed by state secretary of foreign affairs and trade László Szabó and BoC Chairman Tian Guoli in Budapest in the presence of Prime Minister Viktor Orbán.
World Bank Forecasts Hungarian GDP To Grow 2.6 pc In 2017
- 11 Jan 2017 1:00 AM
- business
Hungarian economic output is expected to grow by 2.6 percent this year, the World Bank Group has said, upping its forecast of 2.4 percent made in June 2016.
BUX Hits New Record High Again, Currency Exchange
- 6 Jan 2017 10:00 AM
- business
The Budapest BUX share index closed Thursday at a record 32,750 points, up 0.31 percent, with bourse turnover of 13.2 billion forints (EUR 42.7m). Official forint fixing of the National Bank of Hungary:
Hungary Jobless Rate Falls To 4.5 Pc
- 6 Jan 2017 7:00 AM
- business
Hungary’s rolling average three-month jobless rate reached 4.5 percent in September-November, dropping from 4.7 percent in the previous month and 6.2 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Thursday. The rate covers unemployment among those between the ages of 15 and 74.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Inflation Picks Up To 2.3 Pc, Industrial Output Down 0.5 Pc In Hungary
- 14 Feb 2017 8:00 AM
- business
Annual consumer prices in Hungary grew by 2.3 percent in January, accelerating from a 1.8 percent increase in December, the Central Statistical Office (KSH) said. Hungarian industrial output fell by an annual 0.5 percent in December 2016, while output for the full year rose by 0.9 percent, a detailed reading of data released by KSH on Tuesday shows.
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
Hungary Trade Surplus Reaches 556 M Euros In Dec
- 10 Feb 2017 6:10 AM
- business
Hungary posted a trade surplus of 556 million euros in December, narrowing by 82 million euros from the same month a year earlier. Exports climbed by 7.7% to 7.284 billion euros. Imports were up by 9.9% at 6.728 billion euros, the Central Statistical Office (KSH) said.
Hungary’s Household Wealth Second Lowest Among Eurozone Countries
- 9 Feb 2017 9:30 AM
- business
The average household wealth in Hungary amounts to EUR 50,800, a mere 22.7 percent of the Eurozone average, meaning average wealth would need to increase 440 percent to reach that average, and 500 percent to reach that of neighboring Austria. Neighboring Slovakia’s average household wealth surpasses Hungary’s by 30 percent, while Poland’s is nearly twice as high.
Govt, Bank Of China Sign Strategic Cooperation Pact
- 24 Jan 2017 8:50 AM
- business
Hungary’s government and Bank of China (BoC) have concluded a strategic cooperation agreement. The document was signed by state secretary of foreign affairs and trade László Szabó and BoC Chairman Tian Guoli in Budapest in the presence of Prime Minister Viktor Orbán.
World Bank Forecasts Hungarian GDP To Grow 2.6 pc In 2017
- 11 Jan 2017 1:00 AM
- business
Hungarian economic output is expected to grow by 2.6 percent this year, the World Bank Group has said, upping its forecast of 2.4 percent made in June 2016.
BUX Hits New Record High Again, Currency Exchange
- 6 Jan 2017 10:00 AM
- business
The Budapest BUX share index closed Thursday at a record 32,750 points, up 0.31 percent, with bourse turnover of 13.2 billion forints (EUR 42.7m). Official forint fixing of the National Bank of Hungary:
Hungary Jobless Rate Falls To 4.5 Pc
- 6 Jan 2017 7:00 AM
- business
Hungary’s rolling average three-month jobless rate reached 4.5 percent in September-November, dropping from 4.7 percent in the previous month and 6.2 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Thursday. The rate covers unemployment among those between the ages of 15 and 74.