281 result(s) for cut in Business
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Xpat Opinion: Euro And Forint Weaken
- 7 Jan 2015 8:00 AM
- business
As the Euro weakens against the US Dollar and the Forint nears its historical low against the Euro, a left-wing analysts calls on the government to change policy course. A conservative columnist blames the weakening of both currencies on external geopolitical and economic factors.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Suzuki Cuts Back To One Shift In Hungary
- 14 Oct 2014 9:00 AM
- business
Magyar Suzuki has cut the number of shifts at its Esztergom factory from two to one until the end of the year, spokeswoman Viktória Ruska announced on Monday. Production of the Slash and S models has come to an end, but preparations are ongoing to begin production of a new SUV model, the Vitara, she added.
“Hungarian Public Life Corrupt To The Core”
- 26 Sep 2014 1:00 AM
- business
Economists Péter Róna and Lajos Bokros discussed corruption and Hungary’s economic policy mistakes of the last 25 years at an event organised by Politics Can Be Different (LMP) in Újbuda on Wednesday.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Hungary’s NBH Leaves Rates On Hold, As Expected
- 27 Aug 2014 9:00 AM
- business
Hungary’s central bank rate-setters left the base rate unchanged at 2.1% at their regular rate-setting meeting on Tuesday. The decision was in line with market expectations. After the previous rate-setting meeting on July 22, when the base rate was reduced from 2.3% to the current level, the Council said it had wound up an easing cycle started almost two years earlier.
Inflation In Hungary Nudges Up To 0.1% In July
- 13 Aug 2014 9:00 AM
- business
Annual inflation was 0.1% year-on-year in July, the Central Statistics Office announced, defying analysts’ expectations of a figure at zero or in negative territory.
Hungary Posts Negative Inflation Of -0.9% In Dec
- 14 Jan 2015 3:00 AM
- business
Consumer prices in Hungary dropped by an annual 0.9% in December, the Central Statistical Office (KSH) said. Emerging market analysts in London had expected a reading in December of -0.4%. Consumer prices fell by 0.7% in November and by 0.2% on average in 2014.
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Xpat Opinion: Euro And Forint Weaken
- 7 Jan 2015 8:00 AM
- business
As the Euro weakens against the US Dollar and the Forint nears its historical low against the Euro, a left-wing analysts calls on the government to change policy course. A conservative columnist blames the weakening of both currencies on external geopolitical and economic factors.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Suzuki Cuts Back To One Shift In Hungary
- 14 Oct 2014 9:00 AM
- business
Magyar Suzuki has cut the number of shifts at its Esztergom factory from two to one until the end of the year, spokeswoman Viktória Ruska announced on Monday. Production of the Slash and S models has come to an end, but preparations are ongoing to begin production of a new SUV model, the Vitara, she added.
“Hungarian Public Life Corrupt To The Core”
- 26 Sep 2014 1:00 AM
- business
Economists Péter Róna and Lajos Bokros discussed corruption and Hungary’s economic policy mistakes of the last 25 years at an event organised by Politics Can Be Different (LMP) in Újbuda on Wednesday.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
Hungary’s NBH Leaves Rates On Hold, As Expected
- 27 Aug 2014 9:00 AM
- business
Hungary’s central bank rate-setters left the base rate unchanged at 2.1% at their regular rate-setting meeting on Tuesday. The decision was in line with market expectations. After the previous rate-setting meeting on July 22, when the base rate was reduced from 2.3% to the current level, the Council said it had wound up an easing cycle started almost two years earlier.
Inflation In Hungary Nudges Up To 0.1% In July
- 13 Aug 2014 9:00 AM
- business
Annual inflation was 0.1% year-on-year in July, the Central Statistics Office announced, defying analysts’ expectations of a figure at zero or in negative territory.