Tag: gdp

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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%... 

Hungarian economy grows faster than any other EU member state

May 15, 2019, 1:12 pm
The Hungarian economy was in a bombastic form in the first quarter of 2019, and it jumped right on top of the European Union’s growth ranking. None of the economies that published their Q1 growth... 

This is how much the Hungarian economy grew in the first quarter

May 15, 2019, 9:00 am
Hungary’s gross domestic product grew by 5.2% year-on-year in January-March, according to figures adjusted seasonally and for working days, the Central Statistical Office (KSH) reported on Wednesday.... 

Hungary's economic growth seen sky-high in January-March

May 13, 2019, 5:32 pm
The Hungarian economy most likely fared excellently in the first quarter of 2019. The monthly production and consumption data suggest that the country’s gross domestic product expanded even more... 

Jaws may drop on Hungary's data release on Wednesday

May 13, 2019, 8:08 am
The key data in Hungary this week is without a doubt the Central Statistical Office’s (KSH) first-quarter GDP release due on Wednesday, and we might be in for a huge surprise to the upside. Hungary’s... 

Hungary to expand further, while world economy hits the breaks

May 8, 2019, 3:39 pm
Growth in the EBRD regions is expected to slow down in 2019 and accelerate some in 2020, reflecting global economic processes, particularly the sharp slowdown in Turkey. The European Bank for Reconstruction... 

Commission warns Hungary could hit growth ceiling

May 7, 2019, 3:09 pm
After a strong 2018, Hungary’s economic expansion appears to be running into capacity limits, while productivity gains remain modest, the European Commission said in its Spring 2019 Economic Forecast... 

Key macro data to be released in Hungary this week

May 6, 2019, 8:19 am
A host of macroeconomic data for March will be released in Hungary before the first-quarter GDP figure, which will draw us a pretty accurate picture of the economy fared in January-March. In the meantime... 

Hungary puts pedal to the metal, catches up with CEE

April 23, 2019, 1:10 pm
Is the Hungarian economy skyrocketing? Or is it totally lagging behind? Well, it depends on how we look at it. In the story below, we are presenting how the Hungarian economy fared compared to other countries... 

IMF raises 2019 GDP growth estimate for Hungary

April 9, 2019, 3:52 pm
The International Monetary Fund (IMF) has raised its 2019 economic growth estimate for Hungary compared to six months ago. The IMF has, however, slashed its current account forecast, also saying there... 

Hungary's central bank expects higher inflation, bigger growth

March 26, 2019, 5:13 pm
Hungarian central bank (MNB) staff have raised their forecast for this year’s annual average inflation by 0.2 percentage points to 3.2% in the bank’s new Report on Inflation compared to three... 

Hungarian GDP data suggests Eurozone recession

March 5, 2019, 12:21 pm
OTP’s research centre has pointed out an interesting phenomenon regarding Hungary’s high GDP data published last week. One of the key drivers was significant inventory accumulation, as a result... 

Hungarian economy grows at breakneck speed

March 1, 2019, 9:00 am
The Central Statistical Office (KSH) has revised Hungary’s Q4 2018 GDP growth upwardly, along with the growth figures of the preceding quarters on Friday. As a result, the country’s fourth-quarter... 

Hungary to table yet another key measure in April - state secretary

February 15, 2019, 4:43 pm
Although remarks by Hungary’s Prime Minister Viktor Orbán and Finance Minister Mihály Varga earlier this week suggested that the cabinet has given up the target of maintaining annual GDP growth at... 

Hungary stellar economic performance propels it to top of EU rankings

February 14, 2019, 4:03 pm
Hungary’s economy was on fire in the fourth quarter of 2018, and with that it landed in the top three of the European Union growth rankings. Only Latvia had even higher GDP growth figures in Q4... 

Hungary's latest GDP data delivers another huge surprise

February 14, 2019, 9:00 am
Hungary’s gross domestic product grew by 4.8% year on year in the fourth quarter of 2018, according to data adjusted seasonally and for working days. The raw data shows 5% output increase, versus... 

Was Hungary able to break its own multi-decade growth record?

February 13, 2019, 3:06 pm
According to the consensus estimate of analysts polled by Portfolio, the Central Statistical Office (KSH) will report 4.5% (unadjusted) year-on-year GDP growth for the fourth quarter of 2018, up 0.4 percentage... 
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