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GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

  • 1 Nov 2024 8:15 AM
  • finance
Hungary's GDP contracted 0.7pc year-on-year in the third quarter, adjusted for seasonal and calendar year effects, a first reading of data released by the Central Statistics Office (KSH) on Wednesday shows.
June Inflation in Hungary at 3.7% -

June Inflation in Hungary at 3.7% - "Retail Trade on The Up And Up"

Hungary’s annual consumer price index was 3.7% in June, the Central Statistical Office (KSH) said on Tuesday.
IMF Lowers Hungary's GDP Growth Forecast to 2.2%

IMF Lowers Hungary's GDP Growth Forecast to 2.2%

The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
Latest Annual Inflation Figure in Hungary Falls To 3.8%

Latest Annual Inflation Figure in Hungary Falls To 3.8%

Annual inflation in Hungary was 3.8% in January, the Central Statistical Office (KSH) said.
Profit Up 50% So Far This Year at Budapest Stock Exchange

Profit Up 50% So Far This Year at Budapest Stock Exchange

The Budapest Stock Exchange on Friday reported a Ft 4.2 billion net profit for the first nine months of this year, a 51% year-on-year rise.
Windfall Profit Taxes Remain in Hungary - Big Retailers To Pay More

Windfall Profit Taxes Remain in Hungary - Big Retailers To Pay More

The windfall profit taxes introduced for two years in 2022 will remain in effect in 2024, according to a decree published.
’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

Orbán called the concept of the global minimum corporate tax a “job killing tax hike”, and said the government refused to approve its introduction in Hungary.
Erste Bank to Absorb Commerzbank Clients in Hungary

Erste Bank to Absorb Commerzbank Clients in Hungary

Erste Bank branches will be closed from 10 p.m. December 1 to midnight on December 4, as the bank takes over former Commerzbank clients, the bank announced.
Big GDP Gap Between Budapest & Other Regions of Hungary

Big GDP Gap Between Budapest & Other Regions of Hungary

The gap between Budapest and Hungary’s other regions in terms of GDP per capita is still large, Tibor Navracsics, the minister of regional development, said.
GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

  • 1 Nov 2024 8:15 AM
  • finance
Hungary's GDP contracted 0.7pc year-on-year in the third quarter, adjusted for seasonal and calendar year effects, a first reading of data released by the Central Statistics Office (KSH) on Wednesday shows.
June Inflation in Hungary at 3.7% -

June Inflation in Hungary at 3.7% - "Retail Trade on The Up And Up"

Hungary’s annual consumer price index was 3.7% in June, the Central Statistical Office (KSH) said on Tuesday.
IMF Lowers Hungary's GDP Growth Forecast to 2.2%

IMF Lowers Hungary's GDP Growth Forecast to 2.2%

The International Monetary Fund (IMF) projected Hungary’s GDP would grow by 2.2% this year in its latest World Economic Outlook.
Latest Annual Inflation Figure in Hungary Falls To 3.8%

Latest Annual Inflation Figure in Hungary Falls To 3.8%

Annual inflation in Hungary was 3.8% in January, the Central Statistical Office (KSH) said.
Profit Up 50% So Far This Year at Budapest Stock Exchange

Profit Up 50% So Far This Year at Budapest Stock Exchange

The Budapest Stock Exchange on Friday reported a Ft 4.2 billion net profit for the first nine months of this year, a 51% year-on-year rise.
Windfall Profit Taxes Remain in Hungary - Big Retailers To Pay More

Windfall Profit Taxes Remain in Hungary - Big Retailers To Pay More

The windfall profit taxes introduced for two years in 2022 will remain in effect in 2024, according to a decree published.
’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

Orbán called the concept of the global minimum corporate tax a “job killing tax hike”, and said the government refused to approve its introduction in Hungary.
Erste Bank to Absorb Commerzbank Clients in Hungary

Erste Bank to Absorb Commerzbank Clients in Hungary

Erste Bank branches will be closed from 10 p.m. December 1 to midnight on December 4, as the bank takes over former Commerzbank clients, the bank announced.
Big GDP Gap Between Budapest & Other Regions of Hungary

Big GDP Gap Between Budapest & Other Regions of Hungary

The gap between Budapest and Hungary’s other regions in terms of GDP per capita is still large, Tibor Navracsics, the minister of regional development, said.