314 result(s) for central bank in hungary in Business
Hungary Q2 GDP Growth Rate Confirmed At 2.6%
- 7 Sep 2016 9:00 AM
- business
Hungary’s economy grew by an annual 2.6% in the second quarter, up from 1.1% in the first quarter, the Central Statistical Office (KSH) confirmed in a second reading of data. KSH revised Q1 upward by two-tenths of a percentage point on the back of better farm sector output.
Investment Volume Down 20.3% In Q2
- 1 Sep 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 20.3% in the second quarter, the Central Statistical Office reported. Investment volume fell after already dropping by 12.6% in the first quarter of the year. For the first half of 2016 investment volume was down 17.3%.
Ministry: Hungary Unemployment Rate At Record Low
- 31 Aug 2016 9:00 AM
- business
Hungary’s employment rate has broken a new record and its 5% unemployment rate is at a record low level since the change in political system, the economy ministry said commenting on the Central Statistical Office’s jobs report.
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Hungary CPI Negative 0.3% In July
- 10 Aug 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.3% in July on lower vehicle fuel and household energy prices, the Central Statistical Office said. Analysts had expected headline CPI to be around or slightly under zero because of low fuel prices and base effects.
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
NBH Scandal – Central Bank Foundations Fined For Dodging Public Procurement Rules
- 30 Jun 2016 9:00 AM
- business
The Public Procurement Board (KDB) established that the public procurement law is applicable to the Pallas Athene Foundations which were established by the National Bank of Hungary (NBH), and fined the six foundations 200,000 forints (EUR 630) each, the foundations said in a press release on Wednesday.
Analysts : Brexit Could Slightly Slow Down Hungary’s Economic Growth
- 25 Jun 2016 9:00 AM
- business
The British vote to leave the European Union could slightly slow down economic growth in Hungary, analysts told MTI in reaction to Brexit. Takarékbank analyst Gergely Suppan said that a reduction in EU funding should not be expected for the time being because it is fixed by contract and Britain’s payment obligations will be maintained until its exit is completed, possibly even until the end of ...
Moody’s Puts FHB On Review For Downgrade
- 23 Jun 2016 9:00 AM
- business
Moody’s Investors Service has placed FHB Mortgage Bank’s baseline credit assessment, long-term deposit ratings and long-term counterparty risk assessment under review for downgrade. “This rating action reflects the increased risks to the bank’s solvency and business prospects following continued sizable losses during Q1 2016 as well as the recent measures taken by the Hungarian authorities, ...
Hungary Q2 GDP Growth Rate Confirmed At 2.6%
- 7 Sep 2016 9:00 AM
- business
Hungary’s economy grew by an annual 2.6% in the second quarter, up from 1.1% in the first quarter, the Central Statistical Office (KSH) confirmed in a second reading of data. KSH revised Q1 upward by two-tenths of a percentage point on the back of better farm sector output.
Investment Volume Down 20.3% In Q2
- 1 Sep 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 20.3% in the second quarter, the Central Statistical Office reported. Investment volume fell after already dropping by 12.6% in the first quarter of the year. For the first half of 2016 investment volume was down 17.3%.
Ministry: Hungary Unemployment Rate At Record Low
- 31 Aug 2016 9:00 AM
- business
Hungary’s employment rate has broken a new record and its 5% unemployment rate is at a record low level since the change in political system, the economy ministry said commenting on the Central Statistical Office’s jobs report.
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Hungary CPI Negative 0.3% In July
- 10 Aug 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.3% in July on lower vehicle fuel and household energy prices, the Central Statistical Office said. Analysts had expected headline CPI to be around or slightly under zero because of low fuel prices and base effects.
Varga: No Hurry To Adopt Euro In Hungary
- 25 Jul 2016 9:00 AM
- business
Hungary’s economy minister has said that there is no need to hurry to adopt the euro. Unless the level of development of the country’s economy reaches the European average, the move could be detrimental, he said. Mihály Varga said in an interview: “We can have the euro, but we won’t for the time being.”
NBH Scandal – Central Bank Foundations Fined For Dodging Public Procurement Rules
- 30 Jun 2016 9:00 AM
- business
The Public Procurement Board (KDB) established that the public procurement law is applicable to the Pallas Athene Foundations which were established by the National Bank of Hungary (NBH), and fined the six foundations 200,000 forints (EUR 630) each, the foundations said in a press release on Wednesday.
Analysts : Brexit Could Slightly Slow Down Hungary’s Economic Growth
- 25 Jun 2016 9:00 AM
- business
The British vote to leave the European Union could slightly slow down economic growth in Hungary, analysts told MTI in reaction to Brexit. Takarékbank analyst Gergely Suppan said that a reduction in EU funding should not be expected for the time being because it is fixed by contract and Britain’s payment obligations will be maintained until its exit is completed, possibly even until the end of ...
Moody’s Puts FHB On Review For Downgrade
- 23 Jun 2016 9:00 AM
- business
Moody’s Investors Service has placed FHB Mortgage Bank’s baseline credit assessment, long-term deposit ratings and long-term counterparty risk assessment under review for downgrade. “This rating action reflects the increased risks to the bank’s solvency and business prospects following continued sizable losses during Q1 2016 as well as the recent measures taken by the Hungarian authorities, ...