Market services, farms aid GDP
GDP rose two percentage points year-on-year in Q3, a first reading of data by the Central Statistical Office (KSH) has shown. Market services and the farm sector contributed the most[…]
GDP rose two percentage points year-on-year in Q3, a first reading of data by the Central Statistical Office (KSH) has shown. Market services and the farm sector contributed the most[…]
Prices of resale homes in Budapest have now exceeded their level in 2008 by 25pc in nominal terms and about 2.6pc in real terms in Q1-Q2 2016, according to data[…]
The rolling average three-month jobless rate reached 4.9 percent in July-September, the Central Statistical Office has announced. Analysts said falling unemployment has a positive effect on economic growth in the[…]
The average gross wage was HUF 258,260 in August, up 6.9pc from August 2015, the Central Statistical Office has said. Net wage growth outpaced the increase, rising 8.5pc to HUF[…]
Consumer prices rose 0.6pc year-on-year in September, climbing for the first time in five months, the Central Statistical Office has said. Analysts said the increase had been expected and mainly[…]
The rolling average three-month jobless rate fell to 4.9 percent in June-August, the Central Statistical Office has said. Analysts said the improvements on the labour market indicated an economic recovery,[…]
Hungary’s GDP grew an unadjusted 0.9 percent year-on-year in the first quarter of 2016, the Central Statistical Office (KSH) has said in a first reading of data. The preliminary number[…]
Hungarian economic growth has proved to be balanced and stable, and is expected to reach 3 percent in the first quarter this year, Minister of National Economy Mihály Varga has[…]
The government is considering how to proceed with its industrial policy following the scandal over the manipulated diesel engines of the Volkswagen Group. At the moment only one thing is[…]
Hungary had to renounce the title of European Growth Champion quite quickly. Still, the government is insisting on three-comma figures; agriculture is to blame for the fact that the results[…]