565 result(s) for high inflation
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Pénzügykutató Expects Growth To Slow Before Accelerating Next Year
- 11 Oct 2016 9:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to slow to 2.2% this year from 3.1% in 2015, due to dropping investments, before accelerating to 3% next year, the economic research company said in a forecast. Performance in the first half of this year has made it clear that growth will grind to a halt as soon as the inflow of EU funding stops, the researchers said.
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Home Prices In Hungary Rise 40% In Two Years
- 21 Sep 2016 9:00 AM
- property
In the past two years, home prices in Hungary have risen by approximately 40% based on data compiled up to March, mortgage bank FHB reported.
Consumer Prices Edge Down 0.1 Pc In August
- 12 Sep 2016 9:00 AM
- shopping
Consumer prices in Hungary fell by an annual 0.1 percent in August, dropping for the fourth month in a row, the Central Statistical Office (KSH) said on Thursday. The decline slowed from 0.3 percent in July. CPI dropped on a 4.1 percent fall in prices for the category of goods that includes vehicle fuel.
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%.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Pénzügykutató Expects Growth To Slow Before Accelerating Next Year
- 11 Oct 2016 9:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to slow to 2.2% this year from 3.1% in 2015, due to dropping investments, before accelerating to 3% next year, the economic research company said in a forecast. Performance in the first half of this year has made it clear that growth will grind to a halt as soon as the inflow of EU funding stops, the researchers said.
Gross Wage Growth Continues To Slow In July
- 21 Sep 2016 9:00 AM
- business
The average monthly wage in Hungary rose by an annual 5.1% to 256,900 forints (EUR 835) in July, the Central Statistical Office (KSH) reported. Wage growth slowed for the third month in a row after peaking this year at 6.5% in March and April. Net wages rose at a faster clip during the period, climbing 6.7% to 170,800 forints (EUR 578) on the back of a one percentage point reduction in the ...
Home Prices In Hungary Rise 40% In Two Years
- 21 Sep 2016 9:00 AM
- property
In the past two years, home prices in Hungary have risen by approximately 40% based on data compiled up to March, mortgage bank FHB reported.
Consumer Prices Edge Down 0.1 Pc In August
- 12 Sep 2016 9:00 AM
- shopping
Consumer prices in Hungary fell by an annual 0.1 percent in August, dropping for the fourth month in a row, the Central Statistical Office (KSH) said on Thursday. The decline slowed from 0.3 percent in July. CPI dropped on a 4.1 percent fall in prices for the category of goods that includes vehicle fuel.
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%.