20 result(s) for 2018 january in Business
Govt To Cut Payroll Tax 2.5 Pps Next Year
- 22 Sep 2017 8:48 AM
- business
Hungary’s government plans to cut the payroll tax by 2.5 percentage points next year rather than by 2pps in reaction to fast wage growth, Economy Minister Mihály Varga said. Varga noted that the government had agreed with employers and unions late last year to reduce the payroll tax by a further 2 percentage points in 2018 but would widen the cut to 2.5 percentage points if gross wage growth ...
Hungary Inflation Picks Up To 2.6 Pc In August
- 11 Sep 2017 8:46 AM
- business
Consumer prices in Hungary grew by an annual 2.6 percent in August, the Central Statistical Office (KSH) said on Friday. In a month-on-month comparison, prices edged up 0.1 percent from July. Twelve-month CPI picked up from 2.1 percent in July.
Net Average Wage In Hungary Reaches EUR 649 In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by annual 14.4 percent to 297,251 (EUR 976) forints in June, the Central Statistics Office (KSH) said on Tuesday. Net wages grew at the same pace as gross wages did to reach 197,672 forints (EUR 649).
Automotive Sector Lifts Hungary’s Industrial Output In May
- 13 Jul 2017 9:00 AM
- business
Output of Hungary’s automotive sector, a key driver of industry in the country, rose by an annual 10.7 percent in May, a second reading of data for the month released by the Central Statistical Office (KSH) on Wednesday shows.
AmEx pulling Out Of Retail Market
- 13 Jul 2017 8:56 AM
- business
American Express is leaving the Hungarian retail market, Index reports, after OTP bank announced that it is recalling its American Express cards, which will be valid only until January 31, 2018.
EBRD Lifts Hungary Growth Forecast
- 11 May 2017 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) forecasts Hungarian economic growth of an annual 3% in 2017 and 2018, the organisation said in its latest Regional Economic Prospects report. The EBRD raised its GDP growth forecast for 2017 from 2.4%.
Hungary Jobless Rate At 4.5 Pc In January-March
- 2 May 2017 3:00 AM
- business
Hungary’s rolling three-month jobless rate averaged 4.5 percent in January-March, slightly up from 4.4 percent in the previous period but down from 6.0 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Friday.
March Inflation Slows To 2.7%
- 12 Apr 2017 8:00 AM
- business
Consumer prices in Hungary grew by an annual 2.7% in March, slowing from 2.9% in February, the Central Statistical Office said. Emerging market analysts in London had forecast headline inflation between 2.8% and 3.3%. KSH department head Borbála Minarik attributed the slower pace mainly to the monthly decrease of fuel and tobacco prices.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Govt To Cut Payroll Tax 2.5 Pps Next Year
- 22 Sep 2017 8:48 AM
- business
Hungary’s government plans to cut the payroll tax by 2.5 percentage points next year rather than by 2pps in reaction to fast wage growth, Economy Minister Mihály Varga said. Varga noted that the government had agreed with employers and unions late last year to reduce the payroll tax by a further 2 percentage points in 2018 but would widen the cut to 2.5 percentage points if gross wage growth ...
Hungary Inflation Picks Up To 2.6 Pc In August
- 11 Sep 2017 8:46 AM
- business
Consumer prices in Hungary grew by an annual 2.6 percent in August, the Central Statistical Office (KSH) said on Friday. In a month-on-month comparison, prices edged up 0.1 percent from July. Twelve-month CPI picked up from 2.1 percent in July.
Net Average Wage In Hungary Reaches EUR 649 In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by annual 14.4 percent to 297,251 (EUR 976) forints in June, the Central Statistics Office (KSH) said on Tuesday. Net wages grew at the same pace as gross wages did to reach 197,672 forints (EUR 649).
Automotive Sector Lifts Hungary’s Industrial Output In May
- 13 Jul 2017 9:00 AM
- business
Output of Hungary’s automotive sector, a key driver of industry in the country, rose by an annual 10.7 percent in May, a second reading of data for the month released by the Central Statistical Office (KSH) on Wednesday shows.
AmEx pulling Out Of Retail Market
- 13 Jul 2017 8:56 AM
- business
American Express is leaving the Hungarian retail market, Index reports, after OTP bank announced that it is recalling its American Express cards, which will be valid only until January 31, 2018.
EBRD Lifts Hungary Growth Forecast
- 11 May 2017 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) forecasts Hungarian economic growth of an annual 3% in 2017 and 2018, the organisation said in its latest Regional Economic Prospects report. The EBRD raised its GDP growth forecast for 2017 from 2.4%.
Hungary Jobless Rate At 4.5 Pc In January-March
- 2 May 2017 3:00 AM
- business
Hungary’s rolling three-month jobless rate averaged 4.5 percent in January-March, slightly up from 4.4 percent in the previous period but down from 6.0 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Friday.
March Inflation Slows To 2.7%
- 12 Apr 2017 8:00 AM
- business
Consumer prices in Hungary grew by an annual 2.7% in March, slowing from 2.9% in February, the Central Statistical Office said. Emerging market analysts in London had forecast headline inflation between 2.8% and 3.3%. KSH department head Borbála Minarik attributed the slower pace mainly to the monthly decrease of fuel and tobacco prices.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).