3,147 result(s) for economy
Retail Sales Growth Accelerates To 6% In May
- 25 Jul 2017 8:20 AM
- shopping
Retail sales in Hungary climbed an annual 6% in May, the Central Statistical Office (KSH) said in a second reading of data. Retail sales rose by 5.5% when adjusted for calendar year effects. The pace of retail sales growth accelerated from an unadjusted and adjusted 3.2% and 1.8%, respectively, in April. Retail sales growth in May was highest since June 2016.
Opposition Parties Comment On Orbán’s Speech In Baile Tusnad
- 24 Jul 2017 10:04 AM
- current affairs
At next year’s parliamentary election Hungarian voters will chose “between Viktor Orbán or Europe”, Lászlo Botka, prime minister candidate of the opposition Socialist Party, said on Saturday.
Gross Wages Up 12.9% In May
- 21 Jul 2017 8:48 AM
- business
The average gross monthly wage in Hungary rose by an annual 12.9% to 296,100 forints (EUR 968) in May, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages did, also climbing by 12.9% to 196,900 forints.
Video: Orbán, Netanyahu Address Hungarian-Israeli Business Forum
- 20 Jul 2017 8:56 AM
- business
All political obstacles to Hungarian - Israeli economic cooperation have been cleared, Prime Minister Viktor Orbán said at a Hungarian- Israeli business forum that was also attended by Benjamin Netanyahu, his Israeli counterpart. In his closing remarks to the forum Orbán said Hungary’s Eximbank had opened a 600 million dollar credit line to support partnerships between Hungarian and Israeli ...
Varga: Families Enjoy Hundreds Of Billions Of Forints Of Tax Breaks
- 19 Jul 2017 9:32 AM
- business
In the first five months of the year, around 100 billion forints (EUR 325m) stayed in the pockets of families in the form of tax breaks, and by the end of the year this sum is expected to be 280 billion, the economy minister said in an interview to Friday’s issue of Magyar Idők.
National Bank Of Hungary Keeps Base Rate On Hold
- 19 Jul 2017 9:10 AM
- business
The National Bank of Hungary‘s Monetary Council decided to keep the central bank’s key rate on hold at 0.90 percent at a meeting on Tuesday, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting at the end of May 2016.
Construction Sector Output Jumps 35% In May
- 17 Jul 2017 8:18 AM
- property
Output of Hungary’s construction sector rose by an annual 35.4% in May, the Central Statistical Office (KSH) said. KSH noted that the jump came from a low base. Output of the building segment was up by 27.2% during the period while output of the civil engineering segment soared 46.4%.
Economy Minister: Hungary Among Safest Countries
- 17 Jul 2017 8:10 AM
- current affairs
From all aspects, Hungary is among the safest countries in the world, Economy Minister Mihály Varga said at a business award ceremony in Budapest on Friday. Varga said businesses could plan ahead if the related security was in place. The economy is on a growth path and the state treasury maintains a primary surplus, while the public debt has been shrinking in the past few years, he said.
Gov Office Chief: EU Infringement ‘Could Decide Country’s Fate’
- 14 Jul 2017 8:56 AM
- current affairs
European Union infringement procedures against Hungary, such as those concerning migration policy and land sales, could “determine [the country’s] fate over the next few decades”, János Lázár, the government office chief, told the last of his weekly press conferences before the summer break. At the same time, Hungary has “some two dozen” such disputes with the European Commission, he said, a ...
Retail Sales Growth Accelerates To 6% In May
- 25 Jul 2017 8:20 AM
- shopping
Retail sales in Hungary climbed an annual 6% in May, the Central Statistical Office (KSH) said in a second reading of data. Retail sales rose by 5.5% when adjusted for calendar year effects. The pace of retail sales growth accelerated from an unadjusted and adjusted 3.2% and 1.8%, respectively, in April. Retail sales growth in May was highest since June 2016.
Opposition Parties Comment On Orbán’s Speech In Baile Tusnad
- 24 Jul 2017 10:04 AM
- current affairs
At next year’s parliamentary election Hungarian voters will chose “between Viktor Orbán or Europe”, Lászlo Botka, prime minister candidate of the opposition Socialist Party, said on Saturday.
Gross Wages Up 12.9% In May
- 21 Jul 2017 8:48 AM
- business
The average gross monthly wage in Hungary rose by an annual 12.9% to 296,100 forints (EUR 968) in May, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages did, also climbing by 12.9% to 196,900 forints.
Video: Orbán, Netanyahu Address Hungarian-Israeli Business Forum
- 20 Jul 2017 8:56 AM
- business
All political obstacles to Hungarian - Israeli economic cooperation have been cleared, Prime Minister Viktor Orbán said at a Hungarian- Israeli business forum that was also attended by Benjamin Netanyahu, his Israeli counterpart. In his closing remarks to the forum Orbán said Hungary’s Eximbank had opened a 600 million dollar credit line to support partnerships between Hungarian and Israeli ...
Varga: Families Enjoy Hundreds Of Billions Of Forints Of Tax Breaks
- 19 Jul 2017 9:32 AM
- business
In the first five months of the year, around 100 billion forints (EUR 325m) stayed in the pockets of families in the form of tax breaks, and by the end of the year this sum is expected to be 280 billion, the economy minister said in an interview to Friday’s issue of Magyar Idők.
National Bank Of Hungary Keeps Base Rate On Hold
- 19 Jul 2017 9:10 AM
- business
The National Bank of Hungary‘s Monetary Council decided to keep the central bank’s key rate on hold at 0.90 percent at a meeting on Tuesday, as expected. The council has left the base rate on hold since signalling an end to an easing cycle at a policy meeting at the end of May 2016.
Construction Sector Output Jumps 35% In May
- 17 Jul 2017 8:18 AM
- property
Output of Hungary’s construction sector rose by an annual 35.4% in May, the Central Statistical Office (KSH) said. KSH noted that the jump came from a low base. Output of the building segment was up by 27.2% during the period while output of the civil engineering segment soared 46.4%.
Economy Minister: Hungary Among Safest Countries
- 17 Jul 2017 8:10 AM
- current affairs
From all aspects, Hungary is among the safest countries in the world, Economy Minister Mihály Varga said at a business award ceremony in Budapest on Friday. Varga said businesses could plan ahead if the related security was in place. The economy is on a growth path and the state treasury maintains a primary surplus, while the public debt has been shrinking in the past few years, he said.
Gov Office Chief: EU Infringement ‘Could Decide Country’s Fate’
- 14 Jul 2017 8:56 AM
- current affairs
European Union infringement procedures against Hungary, such as those concerning migration policy and land sales, could “determine [the country’s] fate over the next few decades”, János Lázár, the government office chief, told the last of his weekly press conferences before the summer break. At the same time, Hungary has “some two dozen” such disputes with the European Commission, he said, a ...