Tag: gdp

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INSTANT VIEW - Analysts address Hungary's upside GDP surprise

August 14, 2019, 5:03 pm
The CE4 expanded at an average 4.1%oya rate in 2Q19, a similar pace to the past year or so, defying the Eurozone’s slowdown. Growth was either in line or above expectations, with Hungary and Romania... 

Hungary beats the whole of Europe

August 14, 2019, 11:30 am
Hungary’s showed the best economic performance in the European Union in the second quarter of 2019 both in annual and in quarterly terms, a report by Eurostat, the statistical office of the EU, showed... 

Hungary gov't takes credit for 1.6pp of Q2 GDP growth

August 14, 2019, 11:14 am
Measures taken by the government, including in particular the six-year wage agreement, the government's competitiveness package, the support to Hungarian families to acquire homes, and the creation of... 

Hungarian economy surprises on the upside again

August 14, 2019, 9:00 am
Hungary’s gross domestic product grew by 5.1% year on year in the second quarter of 2019, according to data adjusted seasonally and for working days. Growth in Q1 was 5.2%. The raw index shows 4.9%... 

The only way forward for Hungary is down? Economy reaches turning point

August 13, 2019, 10:24 am
Hungary’s economic output grew by 4.7% year on year in the second quarter of 2019, according to the consensus forecast of analysts polled by Portfolio. Should this projection prove to be correct... 

ANALYST VIEW - German problems seen cracking CE3 resilience

August 12, 2019, 4:46 pm
The Central European economies have weathered Germany’s malaise with ease so far, but cracks are beginning to show, and as Europe’s manufacturing powerhouse shows no sign of strengthening... 

We'll find out this week if Hungarian economy continued sprint or not

August 12, 2019, 8:09 am
The key data in Hungary this week is clearly GDP growth data for the second quarter that are expected to tell us whether the expansion of Hungary’s economic output started to decelerate or the country... 

European Commission revises 2019 growth estimate upwardly for Hungary

July 10, 2019, 2:25 pm
The European Commission has raised its GDP estimate for Hungary for 2019, as the economy has been recently faring better than expected. Hungary’s economy grew by 4.9% in 2018, thanks to the robust... 

Is this the first sign of Hungary's decelerating economic growth?

July 9, 2019, 9:01 am
Hungary recorded a 678 million euro surplus on its external trade of goods in May 2019, which is a lot higher than the base period’s EUR 492 surplus. This puts an end to the deteriorating trend of... 

ANALYST VIEW - Hungarian economy on a roll, but for how long?

July 5, 2019, 12:13 pm
The Hungarian economy is in a most favourable position, the question is how long can this growth rate can be kept up, said Zoltán Török, chief analyst at Raiffeisen Bank Zrt., at a press conference of... 

Hungarian economy to grow by close to 5% this year?

July 4, 2019, 3:16 pm
Analysts at Takarékbank have raised their projection for Hungary’s GDP growth in 2019 to 4.7% from 4.4% previously, and upped their 2020 estimate to 3.7% from 3.6%. They expect wage growth to subside... 

How the German economy is falling behind

July 1, 2019, 3:55 pm
By Michael Heise, Chief Economist, Allianz SE, Munich, Germany. With growth deteriorating, the day of reckoning for Germany’s economic policymakers is approaching fast, says Michael Heise, Chief... 

Will the Hungarian economy explode or cool down?

June 27, 2019, 3:18 pm
Hungary’s macroeconomic outlook is surrounded by both upside and downside risks, the central bank (MNB) said in its quarterly Report on Inflation on Thursday. In addition to the baseline projection... 

High pressure at work - Hungary cenbank publishes updated estimates

June 27, 2019, 1:47 pm
The Hungarian economy can grow by 4.3% in 2019 and by 3.3% in 2020, central bank (MNB) staff projected in the bank’s quarterly Report on Inflation published on Thursday. The previous 2019 estimate... 

Hungary cenbank raises GDP, CPI estimates

June 25, 2019, 3:32 pm
The National Bank of Hungary (MNB) has raised its GDP and inflation estimates in its quarterly Report on Inflation to be released on Thursday. The MNB raised its annual average GDP growth estimate... 

How sick euro area slowdown will make Hungary and CEE?

June 20, 2019, 2:26 pm
Whereas bad and even worse macroeconomic releases have been piling up in Western Europe, the Central and Eastern European region shows quite a convincing resilience, without signs of slowdown. Analysts... 

Hungary presents 2020 pension plans

June 5, 2019, 10:36 am
The government has submitted the draft of the 2020 budget, which reveals what pensioners can expect in general next year. Portfolio has calculated how much more money the average pensioner could get next... 

This is why the Hungarian economy has been riding a rocket

May 31, 2019, 9:00 am
The Hungarian economy grew by 5.2% year on year in the first quarter of 2019, according to data adjusted seasonally and for working days. On a quarterly basis, output increased by 1.5%. The figures match... 

What was behind Hungary's outstanding growth? We'll find out this week

May 27, 2019, 6:43 am
The policy meeting of the National Bank of Hungary (MNB) is not the only event that should make waves this week. There are a host of key statistical figures waiting to be published. One of these will let... 

It would take a brutal crisis to tame Hungary this year

May 20, 2019, 4:28 pm
The Hungarian economy should hit the break really hard so that its actual annual economic growth would not exceed current expectations considerably. Even in a bearish scenario, GDP is seen up by over 4.0%... 
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