220 result(s) for price increases
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Orbán: Border Fence Will Stand As Long As I Am PM
- 13 Jun 2017 8:36 AM
- current affairs
Prime Minister Viktor Orbán has promised that the border fence along Hungary’s southern border would stand as long as he is the prime minister. Addressing parliament, Orbán said that as long as Fidesz and the Christian Democrats governed Hungary, the government will not yield to Brussels’ “blackmails” and will refuse to accept mandatory migrant quotas.
Analysts: March CPI Likely Eased A Bit On Food & Base Effects
- 11 Apr 2017 7:00 AM
- business
Hungary’s annual inflation is likely to have eased somewhat last month on the back of downside food price pressures and base effects, London-based emerging markets economists said ahead of Tuesday’s data release. Analysts at Morgan Stanley said their forecast is for a temporary slowdown to an annual 2.8% in March after a 2.9% reading in February, following downside surprises in Germany and Spain.
House Prices Grow At Over Double Pace Of EU Average
- 7 Apr 2017 2:00 AM
- property
House prices in Hungary rose by 9.7 percent in the fourth quarter of 2016 compared with the same period a year earlier. In the European Union, growth was 4.7 percent, according to a quarterly report by Eurostat.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Price Increases Of Hungarian Homes Leading The Pack In Europe
- 26 Jan 2017 3:40 AM
- property
Now it’s official: home prices in Hungary have been skyrocketing lately, even by European standards. As shown by Eurostat data, the 11.6% surge in Q3 of 2016 compared to the same period of 2015 was the highest in the 29 countries examined.
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.
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.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Orbán: Border Fence Will Stand As Long As I Am PM
- 13 Jun 2017 8:36 AM
- current affairs
Prime Minister Viktor Orbán has promised that the border fence along Hungary’s southern border would stand as long as he is the prime minister. Addressing parliament, Orbán said that as long as Fidesz and the Christian Democrats governed Hungary, the government will not yield to Brussels’ “blackmails” and will refuse to accept mandatory migrant quotas.
Analysts: March CPI Likely Eased A Bit On Food & Base Effects
- 11 Apr 2017 7:00 AM
- business
Hungary’s annual inflation is likely to have eased somewhat last month on the back of downside food price pressures and base effects, London-based emerging markets economists said ahead of Tuesday’s data release. Analysts at Morgan Stanley said their forecast is for a temporary slowdown to an annual 2.8% in March after a 2.9% reading in February, following downside surprises in Germany and Spain.
House Prices Grow At Over Double Pace Of EU Average
- 7 Apr 2017 2:00 AM
- property
House prices in Hungary rose by 9.7 percent in the fourth quarter of 2016 compared with the same period a year earlier. In the European Union, growth was 4.7 percent, according to a quarterly report by Eurostat.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Price Increases Of Hungarian Homes Leading The Pack In Europe
- 26 Jan 2017 3:40 AM
- property
Now it’s official: home prices in Hungary have been skyrocketing lately, even by European standards. As shown by Eurostat data, the 11.6% surge in Q3 of 2016 compared to the same period of 2015 was the highest in the 29 countries examined.
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.
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.