156 result(s) for gdp rise
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Retail Sales Climb 5.4 Pc In September
- 7 Nov 2017 12:00 AM
- shopping
Retail sales in Hungary rose by an annual 5.4 percent in September, the Central Statistical Office (KSH) said in a first reading of data released on Tuesday. Sales growth accelerated from 4.2 percent in July and 4.7 percent in August. The September increase was 6.0 percent when adjusted for calendar-year effects.
IMF Raises GDP Growth Forecasts For Hungary
- 11 Oct 2017 3:00 AM
- business
The International Monetary Fund (IMF) raised its projection for Hungary’s GDP growth this year to 3.2 percent in its fresh World Economic Outlook released on Tuesday. The projection was raised from 2.9 percent in a forecast published in April. The IMF raised its forecast for GDP growth in 2018 to 3.4 percent from 3.0 percent. Hungary’s government projects GDP growth of 4.1 percent for 2017 and ...
Financial Research Plc. Forecasts 3.8 pc GDP Growth For 2017, 2018
- 10 Oct 2017 8:46 AM
- business
Financial Research Plc.(Pénzügykutató Zrt.) expects GDP growth in Hungary to be around 3.8 percent both this year and next, the economic research company said in a forecast released on Wednesday. The forecasts are under the government’s official projections for GDP growth of 4.1 percent this year and 4.3 percent next year.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Botka: Socialists Pledge To Double Education Funding
- 30 Aug 2017 8:44 AM
- current affairs
The opposition Socialist Party’s candidate for prime minister, László Botka, pledged to double the amount of funding for education, which he called the party’s top priority. Botka told a press conference that state funding for the sector would rise to 6% of GDP under a Socialist administration in the next governing cycle after the 2018 elections.
Budget Deficit EUR 2.69bn In July, Ministry Confirms
- 22 Aug 2017 9:00 AM
- current affairs
Hungary’s cash flow-based budget deficit, excluding local councils, reached 816.8 billion forints (EUR 2.69bn) by the end of July, the economy ministry said in a second reading of data on Monday. The deficit reached 70.0 percent of the full-year target, the ministry said. In July alone, the budget ran a 94.4 billion forint surplus compared to a monthly deficit of 62.7 billion forints a year ...
Economic Research Institute Raises GDP Growth Forecast To 3.8 Pc For 2017, 2018
- 20 Jun 2017 11:00 AM
- business
Economic research institute Századvég raised its projections for GDP growth in Hungary to 3.8 percent for both this year and 2018 in a fresh forecast released on Monday. The projections for 2017 and 2018 were raised from 3.6 percent and 3.4 percent, respectively, in a forecast released by the think-tank in March. Századvég said the growth rate for both years would be lifted by consumption and ...
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Retail Sales Climb 5.4 Pc In September
- 7 Nov 2017 12:00 AM
- shopping
Retail sales in Hungary rose by an annual 5.4 percent in September, the Central Statistical Office (KSH) said in a first reading of data released on Tuesday. Sales growth accelerated from 4.2 percent in July and 4.7 percent in August. The September increase was 6.0 percent when adjusted for calendar-year effects.
IMF Raises GDP Growth Forecasts For Hungary
- 11 Oct 2017 3:00 AM
- business
The International Monetary Fund (IMF) raised its projection for Hungary’s GDP growth this year to 3.2 percent in its fresh World Economic Outlook released on Tuesday. The projection was raised from 2.9 percent in a forecast published in April. The IMF raised its forecast for GDP growth in 2018 to 3.4 percent from 3.0 percent. Hungary’s government projects GDP growth of 4.1 percent for 2017 and ...
Financial Research Plc. Forecasts 3.8 pc GDP Growth For 2017, 2018
- 10 Oct 2017 8:46 AM
- business
Financial Research Plc.(Pénzügykutató Zrt.) expects GDP growth in Hungary to be around 3.8 percent both this year and next, the economic research company said in a forecast released on Wednesday. The forecasts are under the government’s official projections for GDP growth of 4.1 percent this year and 4.3 percent next year.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Botka: Socialists Pledge To Double Education Funding
- 30 Aug 2017 8:44 AM
- current affairs
The opposition Socialist Party’s candidate for prime minister, László Botka, pledged to double the amount of funding for education, which he called the party’s top priority. Botka told a press conference that state funding for the sector would rise to 6% of GDP under a Socialist administration in the next governing cycle after the 2018 elections.
Budget Deficit EUR 2.69bn In July, Ministry Confirms
- 22 Aug 2017 9:00 AM
- current affairs
Hungary’s cash flow-based budget deficit, excluding local councils, reached 816.8 billion forints (EUR 2.69bn) by the end of July, the economy ministry said in a second reading of data on Monday. The deficit reached 70.0 percent of the full-year target, the ministry said. In July alone, the budget ran a 94.4 billion forint surplus compared to a monthly deficit of 62.7 billion forints a year ...
Economic Research Institute Raises GDP Growth Forecast To 3.8 Pc For 2017, 2018
- 20 Jun 2017 11:00 AM
- business
Economic research institute Századvég raised its projections for GDP growth in Hungary to 3.8 percent for both this year and 2018 in a fresh forecast released on Monday. The projections for 2017 and 2018 were raised from 3.6 percent and 3.4 percent, respectively, in a forecast released by the think-tank in March. Századvég said the growth rate for both years would be lifted by consumption and ...
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.