869 result(s) for hungary inflation
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
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.
Hungary Is Fourth Cheapest Country In EU
- 28 Jun 2012 3:10 AM
- current affairs
The cost of living in Hungary is lower than in all but three other EU countries, according to the EU statistics office Eurostat. Prices of goods and services in Hungary were 64% of the EU average in 2011, Eurostat found. Alcohol and tobacco were cheaper in Hungary than in any other EU country, at 63% of the average.
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.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
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.
CV Of Viktor Orbán, Prime Minister Of Hungary
- 17 Jan 2012 8:00 AM
- current affairs
"Viktor Orbán was born on 31 May, 1963, in the small Hungarian village of Alcsútdoboz. In 1977, his family moved to Székesfehérvár, where he finished his grammar-school studies, specialising in English. In 1983, as a student of Eötvös Loránd University of Budapest at the Faculty of Law, he was a founding member of Bibó College. A year later, with his fellow students, he created Századvég, a ...
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
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.
Hungary Is Fourth Cheapest Country In EU
- 28 Jun 2012 3:10 AM
- current affairs
The cost of living in Hungary is lower than in all but three other EU countries, according to the EU statistics office Eurostat. Prices of goods and services in Hungary were 64% of the EU average in 2011, Eurostat found. Alcohol and tobacco were cheaper in Hungary than in any other EU country, at 63% of the average.
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.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
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.
CV Of Viktor Orbán, Prime Minister Of Hungary
- 17 Jan 2012 8:00 AM
- current affairs
"Viktor Orbán was born on 31 May, 1963, in the small Hungarian village of Alcsútdoboz. In 1977, his family moved to Székesfehérvár, where he finished his grammar-school studies, specialising in English. In 1983, as a student of Eötvös Loránd University of Budapest at the Faculty of Law, he was a founding member of Bibó College. A year later, with his fellow students, he created Századvég, a ...