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Hungary's Portal
Briefing you for business across the globe
 


Country Briefings provides carefully researched aggregated information covering the economy, stock market, politics and corporate affairs.


These extracts are from the The Economy section of Hungary's Briefings.


Extract from the Briefing covering the period 25/03/2005-15/05/2005
Foreign Trade Virtually Stagnates
According to the Central Statistical Office, the country's foreign trade virtually stagnated in February with import volumes rising only 3% y-o-y and exports rising only 2% y-o-y. ...

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Extract from the Briefing covering the period 10/02/2005-24/03/2005
National Economy Investments Increase in 2004
According to preliminary data from the Central Statistical Office (KSH), the volume of investments in the national economy increased by 7.8% y-o-y in 2004, following a 3.1% increase in the previous ye...

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Extract from the Briefing covering the period 14/12/2004-09/02/2005
EU Deficit Target Reached in 2004
Household confidence in Q4 2004 rose slightly compared with the year before, but was stagnant when compared to the previous quarter, according to a report released by economics research institute Ecos...

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Extract from the Briefing covering the period 04/11/2004-13/12/2004
Citizenship Referendum Fails Due to Low Turnout
Economic growth slowed to an annual 3.7% in Q3, below analysts' forecasts of 3.8%. However, investments surged 12.7% over the year prior, suggesting that the economy will not slow further. Investm...

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Extract from the Briefing covering the period 25/09/2004-03/11/2004
Discontent from Opposition over Budget
The country's 2005 budget is setting goals to increase investments, create jobs and cut taxes, and the government hopes that these points will bring the country closer to the adoption of the euro ...

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Extract from the Briefing covering the period 13/08/2004-24/09/2004
Economy More Dependent on Exports
The Monetary Council of the central bank (MNB) left the base rate unchanged at 11.00%, in line with analyst expectations, following the Council's last change to interest rates that occurred in mid...

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Extract from the Briefing covering the period 28/06/2004-12/08/2004
Premier Attempts to Dissuade Justice Minister's Resignation
The three-star average hotel occupancy rate was 58.4% in the period between January and July, a rise of 12.8% from the same period last year. Revenue from hotel accommodation was up 16.9%, with an ave...

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Extract from the Briefing covering the period 24/05/2004-08/07/2004
Government and Unions Agree on Wage Goals
According to Finance Minister Tibor Draskovics, the budget deficit in June is predicted to be slightly smaller than the Finance Ministry had forecast, helped by the retention of unused ministry funds,...

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