540 result(s) for hungarian inflation
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.
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 ...
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Hungarian Economist Calls Paks II “A National Tragedy”
- 15 Aug 2016 9:00 AM
- current affairs
Translation of György Nej’s interview with Hungarian economist Mária Zita Petschnig published in 168 óra on 18 July 2014 under the title “National Tragedy: We may leave the EU.” President Áder János signed into law the agreement pertaining to the the Paks II loan agreement, although the Hungarian Wire Office (MTI) neglected to report it. Was it really so unimportant? The project, together with ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
The Richest & Most Influential People In Hungary
- 9 May 2016 9:00 AM
- current affairs
Napi.hu shares the brand new list lining up the 100 richest people in Hungary in 2016, with Sándor Csányi on top, and the results of their “Befolyásbarométer” (Influence-o-meter) where PM Viktor Orbán, Sándor Csányi and János Lázár got on to the podium. According to the list, Sándor Csányi – for the sixth time in a row – is the richest person in Hungary: after increasing his wealth by 35 billion ...
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
NBH Deputy Governor Says Cutting Key Rate This Year Very Likely
- 11 Mar 2016 8:00 AM
- business
It is “very likely” that the central bank will cuts its key rate— currently 1.35%—this year, National Bank of Hungary (NBH) deputy governor Márton Nagy said at a conference of business weekly Figyelő. Nagy said the risk of the NBH missing its CPI target is great under current monetary conditions, Hungary instantly imports low external CPI, inflation expectations have never been this low and risk ...
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.
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.
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 ...
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Hungarian Economist Calls Paks II “A National Tragedy”
- 15 Aug 2016 9:00 AM
- current affairs
Translation of György Nej’s interview with Hungarian economist Mária Zita Petschnig published in 168 óra on 18 July 2014 under the title “National Tragedy: We may leave the EU.” President Áder János signed into law the agreement pertaining to the the Paks II loan agreement, although the Hungarian Wire Office (MTI) neglected to report it. Was it really so unimportant? The project, together with ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
The Richest & Most Influential People In Hungary
- 9 May 2016 9:00 AM
- current affairs
Napi.hu shares the brand new list lining up the 100 richest people in Hungary in 2016, with Sándor Csányi on top, and the results of their “Befolyásbarométer” (Influence-o-meter) where PM Viktor Orbán, Sándor Csányi and János Lázár got on to the podium. According to the list, Sándor Csányi – for the sixth time in a row – is the richest person in Hungary: after increasing his wealth by 35 billion ...
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
NBH Deputy Governor Says Cutting Key Rate This Year Very Likely
- 11 Mar 2016 8:00 AM
- business
It is “very likely” that the central bank will cuts its key rate— currently 1.35%—this year, National Bank of Hungary (NBH) deputy governor Márton Nagy said at a conference of business weekly Figyelő. Nagy said the risk of the NBH missing its CPI target is great under current monetary conditions, Hungary instantly imports low external CPI, inflation expectations have never been this low and risk ...
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.