565 result(s) for high inflation
March Inflation Slows To 2.7%
- 12 Apr 2017 8:00 AM
- business
Consumer prices in Hungary grew by an annual 2.7% in March, slowing from 2.9% in February, the Central Statistical Office said. Emerging market analysts in London had forecast headline inflation between 2.8% and 3.3%. KSH department head Borbála Minarik attributed the slower pace mainly to the monthly decrease of fuel and tobacco prices.
Hungary’s Retail Sales Growth Slows To 1% In February
- 5 Apr 2017 9:00 AM
- shopping
February retail sales in Hungary rose by an annual 1 percent, the slowest rate of growth in several years, according to Central Statistical Office (KSH) data published on Tuesday. KSH noted that the slowdown was in part due to a high base. Adjusted for calendar year effects, retail sales were up by 1.2 percent. Food sales edged up by 0.2 percent, non-food sales rose by 3.1 percent and vehicle ...
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
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.
Inflation Picks Up To 2.3 Pc, Industrial Output Down 0.5 Pc In Hungary
- 14 Feb 2017 8:00 AM
- business
Annual consumer prices in Hungary grew by 2.3 percent in January, accelerating from a 1.8 percent increase in December, the Central Statistical Office (KSH) said. Hungarian industrial output fell by an annual 0.5 percent in December 2016, while output for the full year rose by 0.9 percent, a detailed reading of data released by KSH on Tuesday shows.
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 ...
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.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
March Inflation Slows To 2.7%
- 12 Apr 2017 8:00 AM
- business
Consumer prices in Hungary grew by an annual 2.7% in March, slowing from 2.9% in February, the Central Statistical Office said. Emerging market analysts in London had forecast headline inflation between 2.8% and 3.3%. KSH department head Borbála Minarik attributed the slower pace mainly to the monthly decrease of fuel and tobacco prices.
Hungary’s Retail Sales Growth Slows To 1% In February
- 5 Apr 2017 9:00 AM
- shopping
February retail sales in Hungary rose by an annual 1 percent, the slowest rate of growth in several years, according to Central Statistical Office (KSH) data published on Tuesday. KSH noted that the slowdown was in part due to a high base. Adjusted for calendar year effects, retail sales were up by 1.2 percent. Food sales edged up by 0.2 percent, non-food sales rose by 3.1 percent and vehicle ...
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
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.
Inflation Picks Up To 2.3 Pc, Industrial Output Down 0.5 Pc In Hungary
- 14 Feb 2017 8:00 AM
- business
Annual consumer prices in Hungary grew by 2.3 percent in January, accelerating from a 1.8 percent increase in December, the Central Statistical Office (KSH) said. Hungarian industrial output fell by an annual 0.5 percent in December 2016, while output for the full year rose by 0.9 percent, a detailed reading of data released by KSH on Tuesday shows.
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 ...
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.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.