Gross wages up 6.9%
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[…]
Tagged: ING Bank
Inflation moving up
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[…]
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Analysts rattled by ‘temporary blip’
Slowdowns in EU funds, car factories put brakes on GDP
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[…]
Banks compensation may top HUF 1 trillion
The cost to banks of the settlements law, once passed, is expected to be higher than estimates, analysts have told state news agency MTI. Banks are likely to be HUF[…]
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