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• Economy

  Double-digit earnings growth sustained through 2018

  

  In December 2018, average gross earnings amounted to HUF 360,000, some 10.2% higher than in December 2017. In the whole year January–December 2018, average gross earnings amounted to HUF 329,900, up by 11.3% compared to 2017.

   Thu, Feb. 21, 2019, 12:45

  • earnings
  • wages
  • growth
  • gross
  • net
  • KSH
• Economy

  Retail sales growth of 6% in 2018 confirmed

  

  In December 2018, the volume of sales in retail shops rose by 3.7% according to raw data, and by 4.1% adjusted for calendar effects, compared to the same month of 2017, the Central Statistical Office (KSH) confirmed in a second reading Thursday.

   Thu, Feb. 21, 2019, 12:30

  • retail
  • sales
  • growth
  • KSH
  • food
  • fuel
• Economy

  Farmgate prices up 5.8% in December - KSH

  

  Farmgate prices in Hungary were up 5.8% year-on-year in December 2018, the Central Statistical Office (KSH) said today, Hungarian news agency MTI reports.

   Fri, Feb. 15, 2019, 14:30

  • Farmgate
  • prices
  • December
  • KSH
  • agriculture
• Economy

  Economic growth up 5% in fourth quarter of 2018

  

  The gross domestic product of Hungary was up by 5.0% according to raw data, and by 4.8% according to seasonally and calendar-adjusted and reconciled data in the fourth quarter of 2018, compared to Q4 2017, according to a flash estimate released Thursday by the Central Statistical Office (KSH). Full-year growth is estimated at 4.8%.

   Fri, Feb. 15, 2019, 10:00

  • GDP
  • growth
  • economy
  • KSH
  • Q4
  • Varga
• Economy

  Automotive sector continues to drive industry in December

  

  Production volume of Hungaryʼs automotive industry - accounting for about 27.1% of total manufacturing output - rose 9.9% year-on-year in December, a second reading of data from the Central Statistical Office (KSH) shows. Overall industrial output rose 5.4% year-on-year in December, and 3.6% in 2018 as a whole.

   Wed, Feb. 13, 2019, 14:22

  • industry
  • output
  • production
  • automotive
  • manufacturing
  • KSH
• Economy

  Construction output up 17.5% in December, 22.3% in 2018

  

  The volume of construction output, based on raw data released by the Central Statistical Office (KSH), was 17.5% higher in December 2018 than a year earlier. In 2018 as a whole, construction output grew by 22.3% compared to 2017, while construction producer prices were on average 9.5% higher than in the previous year.

   Wed, Feb. 13, 2019, 12:10

  • construction
  • output
  • KSH
  • building
  • civil engineering
• Economy

  CPI remains below mid-term target, but core inflation rises

  

  Consumer prices were 2.7% higher on average in January 2019 than a year earlier, level with the rate of inflation in December. Significant price rises have been measured over the past year for alcoholic beverages and tobacco, as well as food, according to the latest release of monthly data from the Central Statistical Office (KSH).

   Wed, Feb. 13, 2019, 09:30

  • inflation
  • consumer prices
  • CPI
  • KSH
  • MNB
  • underlying
• Economy

  Tourism sector closes strong year in 2018

  

  Commercial accommodation establishments saw a 3.8% growth in tourism nights in 2018, accompanied by a 9.3% rise in gross revenues compared to a year before, with December growth boosted by long weekends over the holiday period, according to data released by the Central Statistical Office (KSH).

   Tue, Feb. 12, 2019, 12:00

  • tourism
  • KSH
  • guest nights
  • growth
  • travel
  • Hungary
  • hotel
  • accommodation
  • occupancy
• Analysis

  Room for improvement in holiday e-tail - eNET

  

  While both the Black Friday and Christmas shopping periods in 2018 could be considered commercially successful, there is still room for improvement and fine-tuning if companies want to achieve even better results in the future, according to internet research and consulting firm eNET.

   Fri, Feb. 8, 2019, 12:00

  • e-tail
  • commerce
  • retail
  • delivery
  • eNET
  • online
  • Christmas
  • Black Friday
• Economy

  Trade surplus HUF 6 bln in 2018, down a quarter y-o-y

  

  The surplus of external trade in goods was EUR 398 million in the month of December, the Central Statistical Office (KSH) said in a first reading of data on Friday. In euro terms, exports increased by 2.7% and imports grew by 5.4% in December 2018, compared to the same month of the previous year.

   Fri, Feb. 8, 2019, 11:00

  • surplus
  • trade
  • export
  • import
  • KSH