329 result(s) for wage growth
Hungary Jobless Rate Reaches 3.8%
- 31 Jan 2018 8:10 AM
- business
Hungary’s rolling average threemonth jobless rate reached 3.8% in October-December, unchanged from the previous three-month period, the Central Statistical Office (KSH) said. The October-December rate fell from 4.4% in the same period a year earlier.
Survey: Fewer Hungarians Earn Minimum Wage
- 11 Jan 2018 8:50 AM
- business
Fewer Hungarians are working for minimum wage, daily Magyar Idők said on Thursday. About 303,000 labourers in Hungary earn the unskilled minimum wage, gross 138,000 forints (EUR 446) a month, Imre Palkovics, the head of the Labour Councils, told the paper, citing economy ministry data.
Hungarian Economy Ministry Maintains Growth Projection For Years Ahead
- 4 Jan 2018 7:57 AM
- business
The economy ministry said it maintained last year’s projection of 4.1 percent GDP growth in 2017 and a 4.3 percent increase in 2018, in a statement on its macroeconomic and budgetary forecast for 2017-2021. The growth rate is seen slowing to 3.8 percent in 2019 and reaching 3.6 percent in 2021, according to the forecast.
Hungary State Debt Drops To 74.5 Pc Of GDP At End Of 2017
- 4 Jan 2018 7:56 AM
- business
For the Hungarian economy, the year 2018 starts from a better position and with a better outlook than 2017 did, Minister Mihály Varga said at a press conference held at the Ministry for National Economy earlier today.
Retail Sales Growth Accelerates To 6.3 Pc In October
- 19 Dec 2017 8:58 AM
- shopping
Retail sales in Hungary climbed 6.3 percent in October from the same month a year earlier, accelerating from 5.6 percent in September, the Central Statistical Office (KSH) said in the second reading of data released on Monday.
Number Of Restaurants Dwindling, Remaining Doing Well
- 23 Nov 2017 10:43 AM
- food & drink
Many entrepreneurs are attracted to the idea of opening a restaurant in Budapest, but many soon end up closing their doors, according to company data service Opten. Whereas the number of establishments has continually fallen in the past three years, remaining businesses are doing well, however.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Retail Sales Climb 5.4 Pc In September
- 7 Nov 2017 12:00 AM
- shopping
Retail sales in Hungary rose by an annual 5.4 percent in September, the Central Statistical Office (KSH) said in a first reading of data released on Tuesday. Sales growth accelerated from 4.2 percent in July and 4.7 percent in August. The September increase was 6.0 percent when adjusted for calendar-year effects.
Local Opinion: Doubts About Hungary’s Growth Model
- 3 Nov 2017 7:56 AM
- current affairs
A conservative commentator thinks that the Hungarian economy cannot sustain growth in the long run as Hungarian firms cannot significantly increase wages to stop emigration and ease the labor shortage.
Hungary Jobless Rate Reaches 3.8%
- 31 Jan 2018 8:10 AM
- business
Hungary’s rolling average threemonth jobless rate reached 3.8% in October-December, unchanged from the previous three-month period, the Central Statistical Office (KSH) said. The October-December rate fell from 4.4% in the same period a year earlier.
Survey: Fewer Hungarians Earn Minimum Wage
- 11 Jan 2018 8:50 AM
- business
Fewer Hungarians are working for minimum wage, daily Magyar Idők said on Thursday. About 303,000 labourers in Hungary earn the unskilled minimum wage, gross 138,000 forints (EUR 446) a month, Imre Palkovics, the head of the Labour Councils, told the paper, citing economy ministry data.
Hungarian Economy Ministry Maintains Growth Projection For Years Ahead
- 4 Jan 2018 7:57 AM
- business
The economy ministry said it maintained last year’s projection of 4.1 percent GDP growth in 2017 and a 4.3 percent increase in 2018, in a statement on its macroeconomic and budgetary forecast for 2017-2021. The growth rate is seen slowing to 3.8 percent in 2019 and reaching 3.6 percent in 2021, according to the forecast.
Hungary State Debt Drops To 74.5 Pc Of GDP At End Of 2017
- 4 Jan 2018 7:56 AM
- business
For the Hungarian economy, the year 2018 starts from a better position and with a better outlook than 2017 did, Minister Mihály Varga said at a press conference held at the Ministry for National Economy earlier today.
Retail Sales Growth Accelerates To 6.3 Pc In October
- 19 Dec 2017 8:58 AM
- shopping
Retail sales in Hungary climbed 6.3 percent in October from the same month a year earlier, accelerating from 5.6 percent in September, the Central Statistical Office (KSH) said in the second reading of data released on Monday.
Number Of Restaurants Dwindling, Remaining Doing Well
- 23 Nov 2017 10:43 AM
- food & drink
Many entrepreneurs are attracted to the idea of opening a restaurant in Budapest, but many soon end up closing their doors, according to company data service Opten. Whereas the number of establishments has continually fallen in the past three years, remaining businesses are doing well, however.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Retail Sales Climb 5.4 Pc In September
- 7 Nov 2017 12:00 AM
- shopping
Retail sales in Hungary rose by an annual 5.4 percent in September, the Central Statistical Office (KSH) said in a first reading of data released on Tuesday. Sales growth accelerated from 4.2 percent in July and 4.7 percent in August. The September increase was 6.0 percent when adjusted for calendar-year effects.
Local Opinion: Doubts About Hungary’s Growth Model
- 3 Nov 2017 7:56 AM
- current affairs
A conservative commentator thinks that the Hungarian economy cannot sustain growth in the long run as Hungarian firms cannot significantly increase wages to stop emigration and ease the labor shortage.