36 result(s) for food prices in Business
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
Inflation Edges Down 0.1% In August
- 9 Sep 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.1% in August, dropping for the fourth month in a row, the Central Statistical Office (KSH) said. The decline slowed from 0.3% in July. CPI dropped on a 4.1% fall in prices for the category of goods that includes vehicle fuel. Food prices were up by 0.6%, the price of alcohol and tobacco climbed by 1.9% and service prices rose by 1.1%.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
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.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
IMF: Hungarian Economy Performing Well
- 17 Feb 2016 8:00 AM
- business
The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing needs remain high, IMF staff said in a report based on preliminary findings gathered as part of IMF’s regular consultation with Hungarian authorities.
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
Inflation Edges Down 0.1% In August
- 9 Sep 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.1% in August, dropping for the fourth month in a row, the Central Statistical Office (KSH) said. The decline slowed from 0.3% in July. CPI dropped on a 4.1% fall in prices for the category of goods that includes vehicle fuel. Food prices were up by 0.6%, the price of alcohol and tobacco climbed by 1.9% and service prices rose by 1.1%.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
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.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
IMF: Hungarian Economy Performing Well
- 17 Feb 2016 8:00 AM
- business
The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing needs remain high, IMF staff said in a report based on preliminary findings gathered as part of IMF’s regular consultation with Hungarian authorities.
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...