Analysts see jobless rate climbing on seasonal effect in coming months

Fresh unemployment data for December published on Tuesday was more or less in line with expectations, but the jobless rate is likely to climb in the coming months because of seasonal factors, analysts told MTI.
EconomyTuesday, 13:35 January 31., 2012 Read more

New corporate outlays rise in December

Hungarian banks’ new corporate outlays increased in December, fresh monthly data published by the National Bank of Hungary on Tuesday show.
EconomyTuesday, 13:30 January 31., 2012 Read more

UPDATE - Hungary jobless rate edges down to 10.7% from year earlier

The average unemployment rate in Hungary was 10.7% in the 15-74 age group in October-December, inching up from 10.6% in September-November but falling from 10.8% in the same period a year earlier, data published by the Central Statistics Office (KSH) on Tuesday show.
EconomyTuesday, 11:05 January 31., 2012 Read more

Hungary jobless rate edges down to 10.7% from year earlier

The average unemployment rate in Hungary was 10.7% in the 15-74 age group in October-December, inching up from 10.6% in September-November but falling from 10.8% in the same period a year earlier, data published by the Central Statistics Office (KSH) on Tuesday show.
EconomyTuesday, 09:25 January 31., 2012 Read more

Hungary retail vehicle leasing market contracts to ten-year low

Hungary's retail vehicle leasing market shrank to less than HUF 100bn in 2011, reaching a ten-year low, Lombard Leasing Group said on Friday.
BusinessFriday, 14:40 January 27., 2012 Read more

GKI sees slower economic contraction in 2012

Economic research company GKI on Friday said it expects Hungary’s economy to contract just 1% in 2012, compared to a 1.5% decline forecast last December.
EconomyFriday, 10:00 January 27., 2012 Read more

IMF mission chief suggests better fiscal policy, improved economic governance for Hungary

Hungary needs to maintain economic stability, better design fiscal policy and improve economic governance in order to address its big debt burden and support growth, Christoph Rosenberg, IMF mission chief for Hungary, said in an interview with IMF Survey online.
EconomyFriday, 09:55 January 27., 2012 Read more

Nov retail sales rise higher than expected - analysts

Retail sales in Hungary rose faster than expected in November, but analysts see tax changes causing sales to drop from January.
EconomyWednesday, 13:40 January 25., 2012 Read more

UPDATE - Hungary retail sales growth up at 1.1% in year to November

Retail sales in Hungary grew a calendar-adjusted 1.1% in November 2011 from a year earlier and were up 0.2% from October according to data adjusted for seasonal and calendar effects, the Central Statistics Office (KSH) said on Wednesday.
EconomyWednesday, 11:40 January 25., 2012 Read more

Hungary retail sales growth up at 1.1% in year to November

Retail sales in Hungary grew a calendar-adjusted 1.1% in November 2011 from a year earlier and were up 0.2% from October according to data adjusted for seasonal and calendar effects, the Central Statistics Office (KSH) said on Wednesday.
EconomyWednesday, 10:20 January 25., 2012 Read more

UPDATE - Gross wages rise 6% yr/yr in November

Gross wages in Hungary rose 6.0% yr/yr in November, little changed from 6.1% in October, the Central Statistics Office (KSH) said on Friday.
EconomyFriday, 13:10 January 20., 2012 Read more

Gross wages rise 6% yr/yr in November

Gross wages in Hungary rose 6.0% yr/yr in November, little changed from 6.1% in October, the Central Statistics Office (KSH) said on Friday.
EconomyFriday, 09:45 January 20., 2012 Read more

Hungary cereal harvest up 12% in 2011

Hungary’s cereals harvest reached 13.8m tonnes in 2011, up 12.2% from the previous year and 2.9% more than the average annual harvest in 2006-2010, the Central Statistics Office said on Friday, citing preliminary data.
EconomyFriday, 09:45 January 20., 2012 Read more

UPDATE - Hungary tobacco industry expands to HUF 500bn in 2011

Hungary’s tobacco industry grew almost 10% to HUF 500bn last year, industry insiders said at a press conference organised by the Hungarian Association of Tobacco Industry Investors (DBMSZ) on Thursday.
EconomyThursday, 17:55 January 19., 2012 Read more

Hungary tobacco industry expands to HUF 500bn in 2011

Hungary’s tobacco industry grew almost 10% to HUF 500bn last year, industry insiders said at a press conference organised by the Hungarian Association of Tobacco Industry Investors (DBMSZ) on Thursday.
EconomyThursday, 13:35 January 19., 2012 Read more

Number of new jobs rise in December

More than 10,000 employers posted almost 33,000 new jobs at employment offices in Hungary last December, figures published on the website of the National Labour Affairs Office (NMH) show.
EconomyThursday, 11:45 January 19., 2012 Read more

Hungary construction output up in Nov but still on declining trend

Hungary’s performance in the construction industry improved in November, but this does not indicate an end to the decline that has been taking place in the sector for the past five years, Laszlo Koji, deputy head of building sector association EVOSZ, said on Monday, after the Central Statistics Office (KSH) published fresh data on the sector.
EconomyMonday, 11:45 January 16., 2012 Read more

Hungary construction sector up 3.6% yr/yr in November

Output of Hungary’s construction sector was up 3.6% in November from the same month a year, lifted by road and railways renovation projects from a very low base, the Central Statistics Office (KSH) said on Monday.
EconomyMonday, 10:05 January 16., 2012 Read more

CPI to accelerate after soft Dec figures but MNB is driven by risks, says City

Hungary’s consumer inflation is likely to accelerate after the considerably south-of-consensus 4.1% year-on-year headline rate last month, but monetary policy moves will continue to be driven by the risk environment, London-based emerging markets analysts said after CPI figures for December had been released on Friday.
EconomyFriday, 18:30 January 13., 2012 Read more

Dec price rise no surprise; VAT increase to lift Jan CPI - analysts

The December increase in consumer prices in Hungary was in line with expectations, but analysts said tax increases introduced at the start of 2012 would probably lift CPI in January.
EconomyFriday, 13:40 January 13., 2012 Read more

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