• 22 Nov 2024

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50 result(s) for contraction

Construction Sector Rebounds In January

Construction Sector Rebounds In January

Hungary’s construction sector output rose by an annual 11% in January, returning to double-digit growth after nearly a year of contraction punctuated by a couple of months of modest expansion, the Central Statistical Office (KSH) said.
National Bank Of Hungary Sees GDP Shrinking This Year

National Bank Of Hungary Sees GDP Shrinking This Year

The National Bank of Hungary (NBH) expects the economy to contract between 6.0% and 6.5% this year, forecasts from its latest quarterly Inflation Report show.
Hungary Q3 GDP Contracts By 4.6 Percent

Hungary Q3 GDP Contracts By 4.6 Percent

Hungary’s economy shrank by 4.6% in the third quarter, according to a second reading of data released by the Central Statistical Office (KSH).
IMF Sees Hungary's Economy Contracting 6.1% This Year, Then Rebounding & Expanding

IMF Sees Hungary's Economy Contracting 6.1% This Year, Then Rebounding & Expanding

The International Monetary Fund (IMF) projects Hungary’s economy will contract by 6.1% this year, but rebounding and expanding by 3.9% in 2021, in its latest World Economic Outlook.
Hungarian Construction Sector Output Down 21 Percent In July

Hungarian Construction Sector Output Down 21 Percent In July

Construction sector output in Hungary dropped by 21% in July after a contraction of 15.7% in the previous month, the Central Statistical Office (KSH) said. Month on month, output grew by 3.5%, based on seasonally and working day-adjusted data.
Budapest Municipality Owns HUF 135 Billion In State Bonds

Budapest Municipality Owns HUF 135 Billion In State Bonds

The Budapest municipality owns 135 billion forints (EUR 377.2m) in bonds and more than 27 billion in cash, according to the city council’s balance sheet report submitted on July 20, the Hungarian State Treasury said.
Hungary Q2 GDP Nosedives 13.6%

Hungary Q2 GDP Nosedives 13.6%

Hungary’s economic output shrank by an annual 13.6% in the second quarter this year, with industry and services contracting sharply due to the pandemic, according to a second reading of the data published by the Central Statistical Office (KSH).
EC Forecasts 7% Contraction In Hungary Before Healthy Rebound In 2021

EC Forecasts 7% Contraction In Hungary Before Healthy Rebound In 2021

The European Commission projects an economic contraction of 7% in Hungary this year, though it expects a rebound in 2021, with annual growth of 6%.
Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungary’s finance ministry submitted an updated convergence programme to the European Commission that envisages a 3% GDP contraction in 2020 in light of the coronavirus crisis.
Construction Sector Rebounds In January

Construction Sector Rebounds In January

Hungary’s construction sector output rose by an annual 11% in January, returning to double-digit growth after nearly a year of contraction punctuated by a couple of months of modest expansion, the Central Statistical Office (KSH) said.
National Bank Of Hungary Sees GDP Shrinking This Year

National Bank Of Hungary Sees GDP Shrinking This Year

The National Bank of Hungary (NBH) expects the economy to contract between 6.0% and 6.5% this year, forecasts from its latest quarterly Inflation Report show.
Hungary Q3 GDP Contracts By 4.6 Percent

Hungary Q3 GDP Contracts By 4.6 Percent

Hungary’s economy shrank by 4.6% in the third quarter, according to a second reading of data released by the Central Statistical Office (KSH).
IMF Sees Hungary's Economy Contracting 6.1% This Year, Then Rebounding & Expanding

IMF Sees Hungary's Economy Contracting 6.1% This Year, Then Rebounding & Expanding

The International Monetary Fund (IMF) projects Hungary’s economy will contract by 6.1% this year, but rebounding and expanding by 3.9% in 2021, in its latest World Economic Outlook.
Hungarian Construction Sector Output Down 21 Percent In July

Hungarian Construction Sector Output Down 21 Percent In July

Construction sector output in Hungary dropped by 21% in July after a contraction of 15.7% in the previous month, the Central Statistical Office (KSH) said. Month on month, output grew by 3.5%, based on seasonally and working day-adjusted data.
Budapest Municipality Owns HUF 135 Billion In State Bonds

Budapest Municipality Owns HUF 135 Billion In State Bonds

The Budapest municipality owns 135 billion forints (EUR 377.2m) in bonds and more than 27 billion in cash, according to the city council’s balance sheet report submitted on July 20, the Hungarian State Treasury said.
Hungary Q2 GDP Nosedives 13.6%

Hungary Q2 GDP Nosedives 13.6%

Hungary’s economic output shrank by an annual 13.6% in the second quarter this year, with industry and services contracting sharply due to the pandemic, according to a second reading of the data published by the Central Statistical Office (KSH).
EC Forecasts 7% Contraction In Hungary Before Healthy Rebound In 2021

EC Forecasts 7% Contraction In Hungary Before Healthy Rebound In 2021

The European Commission projects an economic contraction of 7% in Hungary this year, though it expects a rebound in 2021, with annual growth of 6%.
Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungary’s finance ministry submitted an updated convergence programme to the European Commission that envisages a 3% GDP contraction in 2020 in light of the coronavirus crisis.