334 result(s) for wage growth
Economy Ministry: Growth Creating Conditions For Tax Cuts In Hungary
- 3 May 2017 10:00 AM
- finance
From 2013 onward economic growth in Hungary has outstripped the average rate in the European Union and this is expected to remain the case this year and next, creating the conditions for tax cuts and higher spending, an economy ministry official said on Wednesday.
February Retail Sales Rose 0.8 Pc In Hungary
- 24 Apr 2017 1:00 AM
- shopping
Retail sales in Hungary climbed 0.8 percent year-on-year in February, the Central Statistical Office (KSH) said in the second reading of data released on Monday. Retail sales rose by 0.9 percent when adjusted for the calendar year effects. The unadjusted and adjusted figures were revised downwards from those published in the April 4 first reading of the data, from 1.0 percent and 1.2 percent ...
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).
IMF Raises Hungary GDP Growth, Inflation Forecasts For 2017 And 2018
- 19 Apr 2017 8:00 AM
- business
The International Monetary Fund increased its projection for economic growth in Hungary for this year and the next and also raised its forecasts for annual average inflation for both years in its fresh World Economic Outlook published on Tuesday.
Hungary’s Retail Sales Growth Slows To 1% In February
- 5 Apr 2017 9:00 AM
- shopping
February retail sales in Hungary rose by an annual 1 percent, the slowest rate of growth in several years, according to Central Statistical Office (KSH) data published on Tuesday. KSH noted that the slowdown was in part due to a high base. Adjusted for calendar year effects, retail sales were up by 1.2 percent. Food sales edged up by 0.2 percent, non-food sales rose by 3.1 percent and vehicle ...
OECD Acknowledges Hungary Reforms, Makes Further Recommendations
- 20 Mar 2017 6:00 AM
- current affairs
The OECD acknowledged structural reforms Hungary’s government has undertaken over the past two years in a report on Friday, but said there is still room to reduce bureaucracy for businesses, improve competition in the service sector and reduce the tax wedge on wages.
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 ...
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
The American Alt-Right’s Hungarian Love Affair
- 16 Feb 2017 8:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán was the first European leader to publicly endorse Donald Trump in July. And Hungary is perhaps the only country to have a former employee of its own Ministry of Defense — Sebastian Gorka — receive a high-ranking post within the Trump administration.
Economy Ministry: Growth Creating Conditions For Tax Cuts In Hungary
- 3 May 2017 10:00 AM
- finance
From 2013 onward economic growth in Hungary has outstripped the average rate in the European Union and this is expected to remain the case this year and next, creating the conditions for tax cuts and higher spending, an economy ministry official said on Wednesday.
February Retail Sales Rose 0.8 Pc In Hungary
- 24 Apr 2017 1:00 AM
- shopping
Retail sales in Hungary climbed 0.8 percent year-on-year in February, the Central Statistical Office (KSH) said in the second reading of data released on Monday. Retail sales rose by 0.9 percent when adjusted for the calendar year effects. The unadjusted and adjusted figures were revised downwards from those published in the April 4 first reading of the data, from 1.0 percent and 1.2 percent ...
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).
IMF Raises Hungary GDP Growth, Inflation Forecasts For 2017 And 2018
- 19 Apr 2017 8:00 AM
- business
The International Monetary Fund increased its projection for economic growth in Hungary for this year and the next and also raised its forecasts for annual average inflation for both years in its fresh World Economic Outlook published on Tuesday.
Hungary’s Retail Sales Growth Slows To 1% In February
- 5 Apr 2017 9:00 AM
- shopping
February retail sales in Hungary rose by an annual 1 percent, the slowest rate of growth in several years, according to Central Statistical Office (KSH) data published on Tuesday. KSH noted that the slowdown was in part due to a high base. Adjusted for calendar year effects, retail sales were up by 1.2 percent. Food sales edged up by 0.2 percent, non-food sales rose by 3.1 percent and vehicle ...
OECD Acknowledges Hungary Reforms, Makes Further Recommendations
- 20 Mar 2017 6:00 AM
- current affairs
The OECD acknowledged structural reforms Hungary’s government has undertaken over the past two years in a report on Friday, but said there is still room to reduce bureaucracy for businesses, improve competition in the service sector and reduce the tax wedge on wages.
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 ...
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
The American Alt-Right’s Hungarian Love Affair
- 16 Feb 2017 8:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán was the first European leader to publicly endorse Donald Trump in July. And Hungary is perhaps the only country to have a former employee of its own Ministry of Defense — Sebastian Gorka — receive a high-ranking post within the Trump administration.