52 result(s) for contraction
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
New Car Registrations Decline Again In Europe, Plunge In Hungary Slows
- 18 May 2010 4:00 AM
- shopping
"New passenger car registrations in Europe fell again in April in annual terms, for the first time in ten months, as a growing number of markets had started to benefit from fleet renewal incentives in the base period. Last month new passenger car registrations were down 7.4% yr/yr, while in Hungary the pace of contraction moderated to 45%.
Hungary Manufacturing PMI Drops Further To 51.6 In April
- 3 May 2010 11:00 AM
- business
"Hungary's manufacturing purchasing manager index (PMI) dropped 2.8 percentage points to 51.6 points in April 2010, the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM) reported on Monday. This was the second month in a row when Hungary’s PMI dropped after rising to a 20-month high in February (55.9).
Hungary's Fidesz To Focus On Growth, Competitiveness
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s budget deficit will reach the full-year target by the end of May and that, i.e. the real state of the economy, needs to be understood by the IMF, the European Commission and analysts too, said Viktor Orbán, who looks to be en route to shortly become Hungary’s next Prime Minister.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungary Construction Sector Still Faint, But May Be On The Mend
- 19 Mar 2010 2:00 AM
- property
"Hungary's construction industry output contracted by 13.5% year on year in January, according to both unadjusted and working day-adjusted figures, the Central Statistics Office (KSH) has reported on Thursday. The decline is more dramatic than in December 2009 (-6.2%). Following a massive drop in Dec, however, new orders rose substantially.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
New Car Registrations Decline Again In Europe, Plunge In Hungary Slows
- 18 May 2010 4:00 AM
- shopping
"New passenger car registrations in Europe fell again in April in annual terms, for the first time in ten months, as a growing number of markets had started to benefit from fleet renewal incentives in the base period. Last month new passenger car registrations were down 7.4% yr/yr, while in Hungary the pace of contraction moderated to 45%.
Hungary Manufacturing PMI Drops Further To 51.6 In April
- 3 May 2010 11:00 AM
- business
"Hungary's manufacturing purchasing manager index (PMI) dropped 2.8 percentage points to 51.6 points in April 2010, the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM) reported on Monday. This was the second month in a row when Hungary’s PMI dropped after rising to a 20-month high in February (55.9).
Hungary's Fidesz To Focus On Growth, Competitiveness
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s budget deficit will reach the full-year target by the end of May and that, i.e. the real state of the economy, needs to be understood by the IMF, the European Commission and analysts too, said Viktor Orbán, who looks to be en route to shortly become Hungary’s next Prime Minister.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungary Construction Sector Still Faint, But May Be On The Mend
- 19 Mar 2010 2:00 AM
- property
"Hungary's construction industry output contracted by 13.5% year on year in January, according to both unadjusted and working day-adjusted figures, the Central Statistics Office (KSH) has reported on Thursday. The decline is more dramatic than in December 2009 (-6.2%). Following a massive drop in Dec, however, new orders rose substantially.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...