84 result(s) for purchasing power
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Hungarians’ Purchasing Power 38.4% Of EU Average - GFK
- 11 Nov 2015 8:00 AM
- business
The purchasing power of annual personal incomes in Hungary comes to the equivalent of 5,239 euros, or 38.4% of the European average, a survey by market research company GfK showed. This is a slight improvement from 37.7% of the European average last year. Out of 42 countries, Hungary is 31st on the list. Regional differences inside Hungary have diminished in the past year, but they are still ...
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Hungary Has Second Lowest Gas Prices In EU
- 2 Jul 2015 12:35 PM
- shopping
Thanks to government mandated cuts to utility fees, Hungary has the second lowest price of natural gas in the European Union based on purchasing power parity (PPP), Fidesz MP Szilárd Németh told a press conference in Budapest. Whereas in 2010 Hungary was the country where consumers had to pay the most for gas in the EU, now only Romania has lower gas prices, based on PPP exchange rates.
Hungary Among EU’s Poorest Members
- 18 Jun 2015 2:40 AM
- current affairs
Hungary is the fourth or fifth poorest member state of the European Union, sets of figures released by Eurostat yesterday reveal. The country’s per capita GDP is 68 per cent of the EU average, putting it on a par with Poland as the fourth or fifth poorest country of the EU. However, Poland’s Gross Domestic Product per capita had been substantially lower in the past, before the country started to ...
Hungary GDP Per Capita Two-Thirds Of EU Average
- 22 May 2015 9:00 AM
- business
Hungary’s GDP per capita, adjusted for purchasing power, was 66% of the average for all 28 European Union member states in 2013, according to a report released by Eurostat. The data show the level was 108% of the EU28 average in central Hungary, where the country’s capital is located, but just 42% in the underdeveloped north and great plains regions. In the west of the country, the level stood at ...
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
Central Bank Pledges To Respect Top Court’s Ruling On Foundations
- 4 Apr 2016 9:00 AM
- business
The National Bank of Hungary (NBH) respects the ruling of the Constitutional Court and its foundations will disclose all data it is requested to make public, Deputy Governor Márton Nagy said. The top court ruled on Thursday that amendments to the law governing the central bank that give the NBH the legal power to decline public information requests concerning companies that support its ...
Hungarians’ Purchasing Power 38.4% Of EU Average - GFK
- 11 Nov 2015 8:00 AM
- business
The purchasing power of annual personal incomes in Hungary comes to the equivalent of 5,239 euros, or 38.4% of the European average, a survey by market research company GfK showed. This is a slight improvement from 37.7% of the European average last year. Out of 42 countries, Hungary is 31st on the list. Regional differences inside Hungary have diminished in the past year, but they are still ...
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Hungary Has Second Lowest Gas Prices In EU
- 2 Jul 2015 12:35 PM
- shopping
Thanks to government mandated cuts to utility fees, Hungary has the second lowest price of natural gas in the European Union based on purchasing power parity (PPP), Fidesz MP Szilárd Németh told a press conference in Budapest. Whereas in 2010 Hungary was the country where consumers had to pay the most for gas in the EU, now only Romania has lower gas prices, based on PPP exchange rates.
Hungary Among EU’s Poorest Members
- 18 Jun 2015 2:40 AM
- current affairs
Hungary is the fourth or fifth poorest member state of the European Union, sets of figures released by Eurostat yesterday reveal. The country’s per capita GDP is 68 per cent of the EU average, putting it on a par with Poland as the fourth or fifth poorest country of the EU. However, Poland’s Gross Domestic Product per capita had been substantially lower in the past, before the country started to ...
Hungary GDP Per Capita Two-Thirds Of EU Average
- 22 May 2015 9:00 AM
- business
Hungary’s GDP per capita, adjusted for purchasing power, was 66% of the average for all 28 European Union member states in 2013, according to a report released by Eurostat. The data show the level was 108% of the EU28 average in central Hungary, where the country’s capital is located, but just 42% in the underdeveloped north and great plains regions. In the west of the country, the level stood at ...
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.