• 22 Nov 2024

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23 result(s) for contraction in Business

Electrolux Plant Closure in Hungary 'Surprised' Government

Electrolux Plant Closure in Hungary 'Surprised' Government

On the heels of the announcement of the planned closure of the Electrolux plant in Nyíregyháza, in eastern Hungary, the government and company management must do their utmost to help workers into new jobs, Sándor Czomba, the state secretary for employment policy of the Ministry of Economic Development, said after visiting the factory.
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.
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%.
Hungary's Purchasing Managers Index Plunges To 29.1

Hungary's Purchasing Managers Index Plunges To 29.1

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) plummeted to 29.1 points in March from 50.3 in February, showing the impact of the coronavirus pandemic, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said.
Hungary’s Industry Output Up 6.3% In April

Hungary’s Industry Output Up 6.3% In April

Hungary’s industrial output grew by 6.3% in April, the Central Statistical Office (KSH) said in a second reading of data.
Hungary PMI Rises To 57.3 In October

Hungary PMI Rises To 57.3 In October

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) rose to 57.3 points in October from a revised 54.1 points in September, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said.
Hungary's Purchasing Managers Index Falls To 53.8 In September

Hungary's Purchasing Managers Index Falls To 53.8 In September

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) fell to 53.8 points in September from a revised 56.0 points in August, the association that compiles the index, said.
Hungary's PMI Rises To 53.1 In July

Hungary's PMI Rises To 53.1 In July

Hungary’s seasonally adjusted Purchasing Managers Index (PMI) rose to 53.1 points in July from a revised 52.9 points in June, Halpim, the company which compiles the index, said.
Hungary’s Purchasing Managers Index Edges Down To 57 In March

Hungary’s Purchasing Managers Index Edges Down To 57 In March

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) slipped to 57 points in March from 57.2 in February, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said.
Electrolux Plant Closure in Hungary 'Surprised' Government

Electrolux Plant Closure in Hungary 'Surprised' Government

On the heels of the announcement of the planned closure of the Electrolux plant in Nyíregyháza, in eastern Hungary, the government and company management must do their utmost to help workers into new jobs, Sándor Czomba, the state secretary for employment policy of the Ministry of Economic Development, said after visiting the factory.
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.
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%.
Hungary's Purchasing Managers Index Plunges To 29.1

Hungary's Purchasing Managers Index Plunges To 29.1

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) plummeted to 29.1 points in March from 50.3 in February, showing the impact of the coronavirus pandemic, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said.
Hungary’s Industry Output Up 6.3% In April

Hungary’s Industry Output Up 6.3% In April

Hungary’s industrial output grew by 6.3% in April, the Central Statistical Office (KSH) said in a second reading of data.
Hungary PMI Rises To 57.3 In October

Hungary PMI Rises To 57.3 In October

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) rose to 57.3 points in October from a revised 54.1 points in September, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said.
Hungary's Purchasing Managers Index Falls To 53.8 In September

Hungary's Purchasing Managers Index Falls To 53.8 In September

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) fell to 53.8 points in September from a revised 56.0 points in August, the association that compiles the index, said.
Hungary's PMI Rises To 53.1 In July

Hungary's PMI Rises To 53.1 In July

Hungary’s seasonally adjusted Purchasing Managers Index (PMI) rose to 53.1 points in July from a revised 52.9 points in June, Halpim, the company which compiles the index, said.
Hungary’s Purchasing Managers Index Edges Down To 57 In March

Hungary’s Purchasing Managers Index Edges Down To 57 In March

Hungary’s seasonally-adjusted Purchasing Managers Index (PMI) slipped to 57 points in March from 57.2 in February, the Hungarian Association of Logistics, Purchasing and Inventory Management (Halpim), which compiles the index, said.