231 result(s) for wage rise
Trade Association: Prices Could Rise Due To Planned Legislation
- 20 Mar 2017 5:58 AM
- current affairs
The government’s new legislation proposal regarding trade will hold back development and could result in rising retail prices for certain products, the Hungarian Trade Association (OKSZ) said. Professional organisations were not consulted during the preparation of the proposal which obstructs the implementation of modern organisational methods and infringes upon the rights of consumers and the ...
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Parties Respond To PM’s Opening Address
- 21 Feb 2017 6:00 AM
- current affairs
Party leaders responded on Monday to the prime minister’s speech opening the spring session of parliament, with ruling Fidesz’s parliamentary chief focusing on Viktor Orbán’s upbeat message on the economy while the opposition leaders insisted the government had failed to address problems in the country’s public services.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Hungary Retail Sales Up 4.7 pc In Nov 2016
- 9 Jan 2017 8:00 AM
- shopping
Retail sales in Hungary increased by 4.7 percent in November 2016 from the same month a year earlier, up from the final 2.6 percent figure in October, preliminary data released by the Central Statistical Office (KSH) on Friday show. Retail sales also rose by an annual 4.7 percent when adjusted for calendar-year effects.
Hungarians Divided Over What 2017 Holds For Their Country
- 5 Jan 2017 2:40 AM
- current affairs
2016 was a tumultuous year for Hungarians. As 2017 begins, we asked a range of public figures across Hungary’s ideological spectrum — from current members of parliament to members of civil society and former politicians — what kind of challenges the nation can expect this year.
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.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
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.
Trade Association: Prices Could Rise Due To Planned Legislation
- 20 Mar 2017 5:58 AM
- current affairs
The government’s new legislation proposal regarding trade will hold back development and could result in rising retail prices for certain products, the Hungarian Trade Association (OKSZ) said. Professional organisations were not consulted during the preparation of the proposal which obstructs the implementation of modern organisational methods and infringes upon the rights of consumers and the ...
Hungary CPI Picks Up To 2.9% In February
- 9 Mar 2017 5:40 AM
- business
Consumer prices in Hungary rose by an annual 2.9% in February, accelerating from a rise of 2.3% in January to just under the central bank’s mid-term “price stability” target. Emerging market analysts in London had forecast February CPI at 2.8-2.9%.
Parties Respond To PM’s Opening Address
- 21 Feb 2017 6:00 AM
- current affairs
Party leaders responded on Monday to the prime minister’s speech opening the spring session of parliament, with ruling Fidesz’s parliamentary chief focusing on Viktor Orbán’s upbeat message on the economy while the opposition leaders insisted the government had failed to address problems in the country’s public services.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Hungary Retail Sales Up 4.7 pc In Nov 2016
- 9 Jan 2017 8:00 AM
- shopping
Retail sales in Hungary increased by 4.7 percent in November 2016 from the same month a year earlier, up from the final 2.6 percent figure in October, preliminary data released by the Central Statistical Office (KSH) on Friday show. Retail sales also rose by an annual 4.7 percent when adjusted for calendar-year effects.
Hungarians Divided Over What 2017 Holds For Their Country
- 5 Jan 2017 2:40 AM
- current affairs
2016 was a tumultuous year for Hungarians. As 2017 begins, we asked a range of public figures across Hungary’s ideological spectrum — from current members of parliament to members of civil society and former politicians — what kind of challenges the nation can expect this year.
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.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
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.