69 result(s) for strong demand in Business
Hungary Gross Wages Up 13.1% Yr/Yr In July
- 21 Sep 2017 8:48 AM
- business
The average gross wage in Hungary rose by an annual 13.1% to 290,450 forints in July, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages, also growing by 13.1%, to 193,149 forints.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Hungary CPI Picks Up To 2.1 Pc In July
- 9 Aug 2017 8:48 AM
- business
Consumer prices in Hungary rose by an annual 2.1 percent in July, the Central Statistical Office (KSH) said on Tuesday. As in June, prices were unchanged in a monthly comparison. Twelve-month CPI picked up from 1.9 percent in June and was slightly over analysts’ estimates.
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 ...
Strong EU Crucial For Hungary’s Success
- 12 Dec 2016 1:14 PM
- hungarymatters.hu
- business
Hungary’s hopes lie in a strong European Union, as the country can only be successful in a strong EU, Hungarian Foreign Minister Péter Szijjártó said in an interview published in the Saturday issue of Austrian daily Die Presse. But in order for the EU to be strong, it must regain its competitiveness, be capable of protecting itself and leave behind political correctness, Szijjártó said.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Hungary Gross Wages Up 13.1% Yr/Yr In July
- 21 Sep 2017 8:48 AM
- business
The average gross wage in Hungary rose by an annual 13.1% to 290,450 forints in July, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages, also growing by 13.1%, to 193,149 forints.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Hungary CPI Picks Up To 2.1 Pc In July
- 9 Aug 2017 8:48 AM
- business
Consumer prices in Hungary rose by an annual 2.1 percent in July, the Central Statistical Office (KSH) said on Tuesday. As in June, prices were unchanged in a monthly comparison. Twelve-month CPI picked up from 1.9 percent in June and was slightly over analysts’ estimates.
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 ...
Strong EU Crucial For Hungary’s Success
- 12 Dec 2016 1:14 PM
- hungarymatters.hu
- business
Hungary’s hopes lie in a strong European Union, as the country can only be successful in a strong EU, Hungarian Foreign Minister Péter Szijjártó said in an interview published in the Saturday issue of Austrian daily Die Presse. But in order for the EU to be strong, it must regain its competitiveness, be capable of protecting itself and leave behind political correctness, Szijjártó said.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.