159 result(s) for gdp rise
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.
Economy Ministry: Growth Creating Conditions For Tax Cuts In Hungary
- 3 May 2017 10:00 AM
- finance
From 2013 onward economic growth in Hungary has outstripped the average rate in the European Union and this is expected to remain the case this year and next, creating the conditions for tax cuts and higher spending, an economy ministry official said on Wednesday.
Hungary’s Fiscal Council Head Expects GDP Growth To Surpass 4 pc In 2017, 2018
- 28 Apr 2017 7:00 AM
- business
Hungary’s economy is likely to grow by above 4 percent both this year and next, the head of the Fiscal Council told a conference on Thursday. Árpád Kovács said the public debt would continue to fall and budget deficit would be below 3 percent of GDP in both years.
IMF Raises Hungary GDP Growth, Inflation Forecasts For 2017 And 2018
- 19 Apr 2017 8:00 AM
- business
The International Monetary Fund increased its projection for economic growth in Hungary for this year and the next and also raised its forecasts for annual average inflation for both years in its fresh World Economic Outlook published on Tuesday.
Construction Sector Output Jumps 18.5% In Jan
- 17 Mar 2017 6:00 AM
- property
Hungary’s construction sector output climbed an annual 18.5% in January after falling for twelve months in a row, data released by the Central Statistical Office (KSH) show. Building construction output was up by 32.8% while civil engineering output fell by 3.0%.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
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.
Economy Ministry: Growth Creating Conditions For Tax Cuts In Hungary
- 3 May 2017 10:00 AM
- finance
From 2013 onward economic growth in Hungary has outstripped the average rate in the European Union and this is expected to remain the case this year and next, creating the conditions for tax cuts and higher spending, an economy ministry official said on Wednesday.
Hungary’s Fiscal Council Head Expects GDP Growth To Surpass 4 pc In 2017, 2018
- 28 Apr 2017 7:00 AM
- business
Hungary’s economy is likely to grow by above 4 percent both this year and next, the head of the Fiscal Council told a conference on Thursday. Árpád Kovács said the public debt would continue to fall and budget deficit would be below 3 percent of GDP in both years.
IMF Raises Hungary GDP Growth, Inflation Forecasts For 2017 And 2018
- 19 Apr 2017 8:00 AM
- business
The International Monetary Fund increased its projection for economic growth in Hungary for this year and the next and also raised its forecasts for annual average inflation for both years in its fresh World Economic Outlook published on Tuesday.
Construction Sector Output Jumps 18.5% In Jan
- 17 Mar 2017 6:00 AM
- property
Hungary’s construction sector output climbed an annual 18.5% in January after falling for twelve months in a row, data released by the Central Statistical Office (KSH) show. Building construction output was up by 32.8% while civil engineering output fell by 3.0%.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.