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18 result(s) for tourism in Finance

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.
Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Economic growth may slow to 1.5% this year, but Hungary can avoid recession, and GDP might jump as high as 4% in 2024, the economy development minister told the weekly Mandiner.
No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

The Hungarian government is determined to avoid a recession this year, and its goal is to secure growth of 1.5% this year following a 4.5% growth in 2022, notwithstanding the mounting economic challenges, Márton Nagy, the minister of economic development said on Tuesday, opening a business lunch of the Hungarian-French Chamber of Commerce and Industry.
Economy Expands 6.5% in Hungary During Q2

Economy Expands 6.5% in Hungary During Q2

Hungary's GDP grew by an annual 6.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data released on Wednesday.
GDP Growth High in Q1, Albeit From Low Base

GDP Growth High in Q1, Albeit From Low Base

  • 18 May 2022 9:12 AM
  • finance
Hungary’s GDP grew by an annual 8.2% in the first quarter, albeit from a low base, a first reading of data released by the Central Statistical Office (KSH) shows.
Hungary Has Failed to 'Overtake in the Turn', Says National Bank's Governor

Hungary Has Failed to 'Overtake in the Turn', Says National Bank's Governor

Although Hungary has been more successful in managing the crisis than many of its European Union peers, it has failed to “overtake” competitors “in the turn”, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article published on Monday.
GDP Growth for 2021 Most Rapid in Hungarian Economic History

GDP Growth for 2021 Most Rapid in Hungarian Economic History

Hungarian economic output grew by an annual 7.2% in the fourth quarter, bringing full-year growth to 7.1%, the Central Statistical Office (KSH) said in a first reading of data on Tuesday.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
Finance Minister Puts 2022 GDP Growth at 5.5-6%

Finance Minister Puts 2022 GDP Growth at 5.5-6%

Finance Minister Mihály Varga said next year’s GDP growth could reach 5.5-6% at a business forum organised by the American Chamber of Commerce (AmCham) on Friday.
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.
Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Inflation Expected to Fall to Single Digits by End 2023 - Hungary's Economy Minister

Economic growth may slow to 1.5% this year, but Hungary can avoid recession, and GDP might jump as high as 4% in 2024, the economy development minister told the weekly Mandiner.
No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

The Hungarian government is determined to avoid a recession this year, and its goal is to secure growth of 1.5% this year following a 4.5% growth in 2022, notwithstanding the mounting economic challenges, Márton Nagy, the minister of economic development said on Tuesday, opening a business lunch of the Hungarian-French Chamber of Commerce and Industry.
Economy Expands 6.5% in Hungary During Q2

Economy Expands 6.5% in Hungary During Q2

Hungary's GDP grew by an annual 6.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data released on Wednesday.
GDP Growth High in Q1, Albeit From Low Base

GDP Growth High in Q1, Albeit From Low Base

  • 18 May 2022 9:12 AM
  • finance
Hungary’s GDP grew by an annual 8.2% in the first quarter, albeit from a low base, a first reading of data released by the Central Statistical Office (KSH) shows.
Hungary Has Failed to 'Overtake in the Turn', Says National Bank's Governor

Hungary Has Failed to 'Overtake in the Turn', Says National Bank's Governor

Although Hungary has been more successful in managing the crisis than many of its European Union peers, it has failed to “overtake” competitors “in the turn”, National Bank of Hungary (NBH) governor György Matolcsy wrote in an article published on Monday.
GDP Growth for 2021 Most Rapid in Hungarian Economic History

GDP Growth for 2021 Most Rapid in Hungarian Economic History

Hungarian economic output grew by an annual 7.2% in the fourth quarter, bringing full-year growth to 7.1%, the Central Statistical Office (KSH) said in a first reading of data on Tuesday.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
Finance Minister Puts 2022 GDP Growth at 5.5-6%

Finance Minister Puts 2022 GDP Growth at 5.5-6%

Finance Minister Mihály Varga said next year’s GDP growth could reach 5.5-6% at a business forum organised by the American Chamber of Commerce (AmCham) on Friday.