330 result(s) for wage growth
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Official: Hungary’s Economic Outlook Bright
- 30 Dec 2016 7:00 AM
- business
Hungary’s economic outlook looks promising, an economy ministry official told a news conference on Thursday. Ágnes Hornung, state secretary for financial affairs, said that in spite of a dip in the uptake of European Union funds, the economy was expected to grow by above 2 percent this year.
"Annus Horribilis", Gyurcsány Sums Up 2016
- 29 Dec 2016 10:00 AM
- current affairs
Political competition in Hungary will heat up next year and the opposition will have to create common purpose to stand up to the Fidesz party and its "total political warfare it has started against Hungary", Democratic Coalition (DK) leader Ferenc Gyurcsány told a press conference. The former prime minister summed up the past year, declaring that 2016 had been an "annus horribilis" for Hungary.
National Bank Of Hungary Raises Projections For Household Consumption, Investments
- 23 Dec 2016 8:00 AM
- business
The National Bank of Hungary (NBH) raised markedly its projections for both household consumption and investments next year in a quarterly report released on Thursday.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
Former Socialist PM Gyurcsány: Politics To Heat Up In 2017
- 22 Dec 2016 9:00 AM
- current affairs
Political competition in Hungary will heat up next year and the opposition will have to create common purpose to stand up to the ruling Fidesz party and its “total political warfare it has started against Hungary”, Democratic Coalition (DK) leader Ferenc Gyurcsány told a press conference.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Official: Hungary’s Economic Outlook Bright
- 30 Dec 2016 7:00 AM
- business
Hungary’s economic outlook looks promising, an economy ministry official told a news conference on Thursday. Ágnes Hornung, state secretary for financial affairs, said that in spite of a dip in the uptake of European Union funds, the economy was expected to grow by above 2 percent this year.
"Annus Horribilis", Gyurcsány Sums Up 2016
- 29 Dec 2016 10:00 AM
- current affairs
Political competition in Hungary will heat up next year and the opposition will have to create common purpose to stand up to the Fidesz party and its "total political warfare it has started against Hungary", Democratic Coalition (DK) leader Ferenc Gyurcsány told a press conference. The former prime minister summed up the past year, declaring that 2016 had been an "annus horribilis" for Hungary.
National Bank Of Hungary Raises Projections For Household Consumption, Investments
- 23 Dec 2016 8:00 AM
- business
The National Bank of Hungary (NBH) raised markedly its projections for both household consumption and investments next year in a quarterly report released on Thursday.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
Former Socialist PM Gyurcsány: Politics To Heat Up In 2017
- 22 Dec 2016 9:00 AM
- current affairs
Political competition in Hungary will heat up next year and the opposition will have to create common purpose to stand up to the ruling Fidesz party and its “total political warfare it has started against Hungary”, Democratic Coalition (DK) leader Ferenc Gyurcsány told a press conference.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.















