833 result(s) for inflation
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.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
Opinion: PM Orbán Announces Pension Hikes
- 3 Dec 2016 7:00 AM
- current affairs
A pro-government columnist welcomes the Prime Minister’s decision to increase pensions. A left-wing commentator, on the other hand, accuses the government of vote hunting.
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.
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.
Socialist Leader Calls For Better Pension System
- 24 Nov 2016 8:00 AM
- current affairs
Pensioners should feel safe not vulnerable, and they should feel proud not poor, opposition Socialist Party leader Gyula Molnár said. The Socialists see issues around Hungary’s 2.7 million pensioners as cardinal, he told the conference on the sustainability of the pension system organised by the Friedrich Ebert and Táncsics Mihály foundations.
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.
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.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
Opinion: PM Orbán Announces Pension Hikes
- 3 Dec 2016 7:00 AM
- current affairs
A pro-government columnist welcomes the Prime Minister’s decision to increase pensions. A left-wing commentator, on the other hand, accuses the government of vote hunting.
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.
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.
Socialist Leader Calls For Better Pension System
- 24 Nov 2016 8:00 AM
- current affairs
Pensioners should feel safe not vulnerable, and they should feel proud not poor, opposition Socialist Party leader Gyula Molnár said. The Socialists see issues around Hungary’s 2.7 million pensioners as cardinal, he told the conference on the sustainability of the pension system organised by the Friedrich Ebert and Táncsics Mihály foundations.
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.