159 result(s) for recession
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
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.
Retail Sales Extend Slide In Hungary In May
- 25 Jul 2012 9:00 AM
- shopping
Retail sales were down 2.5% year-on-year in May, after a decline of 2.8% in April, the Central Statistics Office announced yesterday. Sales contracted 0.1% from April and were down 1% in January-May. Sales volume totalled Ft 668 billion in May and Ft 3.1 trillion in the first five months.
World Bank Sees Recession In Hungary In 2012
- 5 Jul 2012 9:00 AM
- current affairs
The World Bank expects the Hungarian economy to fall into recession this year, shrinking by 0.4% before growth returns next year at 1.5%, according to a forecast for the Central Eastern European and Baltic regions. Hungary will be one of three countries in the group to post negative growth this year.
Now On: Horizon Exhibition, Palace Of Arts Budapest
- 11 Jun 2012 9:00 AM
- entertainment
In a time of economic recession, the role of culture is particularly significant. The objective of the Palace of Arts as well is to bring art closer to visitors; to make its programmes more comprehensible to all. One of the tools to achieve this is editing its programming schedule according to a seasonal theme starting from the fall of 2012, thus in the future each season will be related to a ...
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.
Hungarian Government Committed To IMF-EU Agreement And Ready To Start Negotiations
- 9 Mar 2012 8:04 AM
- current affairs
"Minister without Portfolio for Liaising with Certain International Financial Organisations Tamás Fellegi’s keynote speech opened the conference entitled “Forint, crisis, state debt” organised on macro-economic issues on 8 March 2012 in Budapest by Portfolio.hu.
Hungary's MTelekom Losses Worse Than Forecast
- 28 Feb 2012 8:00 AM
- tech
"Fourth-quarter losses at Magyar Telekom exceeded expectations, reaching Ft 40 billion, where analysts had forecast Ft 10 billion, the company announced on the stock exchange website. The figure contrasts with the Ft 7.5 billion profit of one year earlier.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
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.
Retail Sales Extend Slide In Hungary In May
- 25 Jul 2012 9:00 AM
- shopping
Retail sales were down 2.5% year-on-year in May, after a decline of 2.8% in April, the Central Statistics Office announced yesterday. Sales contracted 0.1% from April and were down 1% in January-May. Sales volume totalled Ft 668 billion in May and Ft 3.1 trillion in the first five months.
World Bank Sees Recession In Hungary In 2012
- 5 Jul 2012 9:00 AM
- current affairs
The World Bank expects the Hungarian economy to fall into recession this year, shrinking by 0.4% before growth returns next year at 1.5%, according to a forecast for the Central Eastern European and Baltic regions. Hungary will be one of three countries in the group to post negative growth this year.
Now On: Horizon Exhibition, Palace Of Arts Budapest
- 11 Jun 2012 9:00 AM
- entertainment
In a time of economic recession, the role of culture is particularly significant. The objective of the Palace of Arts as well is to bring art closer to visitors; to make its programmes more comprehensible to all. One of the tools to achieve this is editing its programming schedule according to a seasonal theme starting from the fall of 2012, thus in the future each season will be related to a ...
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.
Hungarian Government Committed To IMF-EU Agreement And Ready To Start Negotiations
- 9 Mar 2012 8:04 AM
- current affairs
"Minister without Portfolio for Liaising with Certain International Financial Organisations Tamás Fellegi’s keynote speech opened the conference entitled “Forint, crisis, state debt” organised on macro-economic issues on 8 March 2012 in Budapest by Portfolio.hu.
Hungary's MTelekom Losses Worse Than Forecast
- 28 Feb 2012 8:00 AM
- tech
"Fourth-quarter losses at Magyar Telekom exceeded expectations, reaching Ft 40 billion, where analysts had forecast Ft 10 billion, the company announced on the stock exchange website. The figure contrasts with the Ft 7.5 billion profit of one year earlier.