89 result(s) for price increase in Business
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
National Bank Of Hungary Raises Projections For Household Consumption, Investments
- 23 Dec 2016 8:00 AM
- business
The National Bank of Hungary (NBH) raised markedly its projections for both household consumption and investments next year in a quarterly report released on Thursday.
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 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.
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.
Car Liability Insurance Rates Grow As More People Drive
- 18 Nov 2016 12:00 AM
- business
Annual rates for vehicle liability insurance in Hungary are expected to rise 10-12% on average, reaching HUF 22,000-25,000, due to increasing car usage and a growing number of insurance payments, according to an analysis by insurance broker Agenta-Consulting sent to the Budapest Business Journal.
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%.
Hungary CPI Negative 0.3% In July
- 10 Aug 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.3% in July on lower vehicle fuel and household energy prices, the Central Statistical Office said. Analysts had expected headline CPI to be around or slightly under zero because of low fuel prices and base effects.
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
National Bank Of Hungary Raises Projections For Household Consumption, Investments
- 23 Dec 2016 8:00 AM
- business
The National Bank of Hungary (NBH) raised markedly its projections for both household consumption and investments next year in a quarterly report released on Thursday.
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 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.
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.
Car Liability Insurance Rates Grow As More People Drive
- 18 Nov 2016 12:00 AM
- business
Annual rates for vehicle liability insurance in Hungary are expected to rise 10-12% on average, reaching HUF 22,000-25,000, due to increasing car usage and a growing number of insurance payments, according to an analysis by insurance broker Agenta-Consulting sent to the Budapest Business Journal.
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%.
Hungary CPI Negative 0.3% In July
- 10 Aug 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.3% in July on lower vehicle fuel and household energy prices, the Central Statistical Office said. Analysts had expected headline CPI to be around or slightly under zero because of low fuel prices and base effects.