117 result(s) for rising in Business
Gross Wages Climb 10.7% In February
- 21 Apr 2017 7:00 AM
- business
The average gross wage in Hungary rose by 10.7% year-on-year to 274,800 forints (EUR 848) in February, the Central Statistical Office (KSH) said. Net wages grew at the same rate as gross wages, also climbing by 10.7% to 182,700 forints (EUR 582.9).
March Inflation Slows To 2.7%
- 12 Apr 2017 8:00 AM
- business
Consumer prices in Hungary grew by an annual 2.7% in March, slowing from 2.9% in February, the Central Statistical Office said. Emerging market analysts in London had forecast headline inflation between 2.8% and 3.3%. KSH department head Borbála Minarik attributed the slower pace mainly to the monthly decrease of fuel and tobacco prices.
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%.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
Hungary Trade Surplus Reaches 556 M Euros In Dec
- 10 Feb 2017 6:10 AM
- business
Hungary posted a trade surplus of 556 million euros in December, narrowing by 82 million euros from the same month a year earlier. Exports climbed by 7.7% to 7.284 billion euros. Imports were up by 9.9% at 6.728 billion euros, the Central Statistical Office (KSH) said.
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
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.
Gross Wages Climb 10.7% In February
- 21 Apr 2017 7:00 AM
- business
The average gross wage in Hungary rose by 10.7% year-on-year to 274,800 forints (EUR 848) in February, the Central Statistical Office (KSH) said. Net wages grew at the same rate as gross wages, also climbing by 10.7% to 182,700 forints (EUR 582.9).
March Inflation Slows To 2.7%
- 12 Apr 2017 8:00 AM
- business
Consumer prices in Hungary grew by an annual 2.7% in March, slowing from 2.9% in February, the Central Statistical Office said. Emerging market analysts in London had forecast headline inflation between 2.8% and 3.3%. KSH department head Borbála Minarik attributed the slower pace mainly to the monthly decrease of fuel and tobacco prices.
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%.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Analysts: CPI Likely Breached 2% Last Month
- 14 Feb 2017 6:00 AM
- business
Hungary’s annual headline inflation is likely to have accelerated to above 2% last month, largely on strong base effects, London-based emerging markets analysts said ahead of Tuesday’s data release. Economists at JP Morgan said they expect January CPI inflation at 2.2% after 1.8% in December. As in recent months, a substantial base effect in energy prices should lead the rise as fuel prices fell ...
Hungary Trade Surplus Reaches 556 M Euros In Dec
- 10 Feb 2017 6:10 AM
- business
Hungary posted a trade surplus of 556 million euros in December, narrowing by 82 million euros from the same month a year earlier. Exports climbed by 7.7% to 7.284 billion euros. Imports were up by 9.9% at 6.728 billion euros, the Central Statistical Office (KSH) said.
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
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.