546 result(s) for hungarian inflation
GDP Dives 1.2% In Q2 In Hungary
- 16 Aug 2012 8:00 AM
- business
GDP decreased 1.2% year-on-year in the second quarter, according to both workday ad-justed and unadjusted figures, the Central Statistics Office announced in its first esti-mate on Tuesday. GDP dropped by 0.2% from the first to the second quarter.
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
LMP: Hungarian Minister For National Economy Is Chasing Rainbows
- 4 Jul 2012 9:00 AM
- current affairs
The budget numbers are a far cry from reality and the government's economic policies are leading the country into a dead end, LMP MP Gabor Vago said in Parliament as the opposition voiced sharp criticism of the draft 2013 budget.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungarian Banks Offer Highest Interest Rate On Deposits In Europe
- 7 Jun 2012 9:04 AM
- business
Money kept in bank deposits yields 500 basis points in real interest, which is striking even in Europe, wrote financial website Bankmonitor. This is higher than the real yields on investments on the New York Stock Exchange on average for the last 85 years, the site observed.
Construction Sector In Deep Recession In Hungary
- 22 May 2012 9:00 AM
- property
The downturn in the construction industry continued as output in March contracted 12.6% year-on-year, the Central Statistics Office KSH announced. Compared to February output was up by 0.1%. In the first three months, the sector's performance shrank by an annualised 11.6%, according to the KSH data.
Michelin Puts Off Investment, Citing Uncertainties In Hungary
- 31 Jan 2012 8:00 AM
- business
"Tyre maker Michelin has indefinitely postponed plans to expand capacity at its plant in Nyiregyhaza, due to the uncertain economic environment under the present government, the Hungarian unit’s managing director John Young told Vilaggazdasag.
IMF Report About Hungary Bristles With Warnings
- 31 Jan 2012 8:00 AM
- current affairs
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms.
GDP Dives 1.2% In Q2 In Hungary
- 16 Aug 2012 8:00 AM
- business
GDP decreased 1.2% year-on-year in the second quarter, according to both workday ad-justed and unadjusted figures, the Central Statistics Office announced in its first esti-mate on Tuesday. GDP dropped by 0.2% from the first to the second quarter.
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
LMP: Hungarian Minister For National Economy Is Chasing Rainbows
- 4 Jul 2012 9:00 AM
- current affairs
The budget numbers are a far cry from reality and the government's economic policies are leading the country into a dead end, LMP MP Gabor Vago said in Parliament as the opposition voiced sharp criticism of the draft 2013 budget.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungarian Banks Offer Highest Interest Rate On Deposits In Europe
- 7 Jun 2012 9:04 AM
- business
Money kept in bank deposits yields 500 basis points in real interest, which is striking even in Europe, wrote financial website Bankmonitor. This is higher than the real yields on investments on the New York Stock Exchange on average for the last 85 years, the site observed.
Construction Sector In Deep Recession In Hungary
- 22 May 2012 9:00 AM
- property
The downturn in the construction industry continued as output in March contracted 12.6% year-on-year, the Central Statistics Office KSH announced. Compared to February output was up by 0.1%. In the first three months, the sector's performance shrank by an annualised 11.6%, according to the KSH data.
Michelin Puts Off Investment, Citing Uncertainties In Hungary
- 31 Jan 2012 8:00 AM
- business
"Tyre maker Michelin has indefinitely postponed plans to expand capacity at its plant in Nyiregyhaza, due to the uncertain economic environment under the present government, the Hungarian unit’s managing director John Young told Vilaggazdasag.
IMF Report About Hungary Bristles With Warnings
- 31 Jan 2012 8:00 AM
- current affairs
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms.