Analysis and Statistics

Real Earnings Grew by 3.2pct

Real earnings grew by 3.2pct compared to January–July 2009, (combined with a 5.4pct increase in the consumer price index) due to changes in measures concerning personal income tax.

Industrial Gross Output Increased 9pct in July

In July 2010, industrial gross output increased by 9pct compared to July 2009; the index adjusted for working days rose by 11.5pct.

Budapest among the TOP10 Destinations

Spies, Sweden’s largest travel agency, has so far sold 35pct more trips to various cities around the world than in the first eight months of 2009.

Industrial Gross Output Increases 9pct

According to preliminary data from July 2010, Hungary’s industrial gross output increased by 9pct compared with July 2009; the index adjusted by working days rose by 11.5pct.  

Consumer Prices Decreased 0.6pct in August

In August 2010, consumer prices decreased 0.6pct on the previous month. They rose 3.7pct on August 2009.

Public Accommodation Nights up 1pct

During January–July 2010, the number of people staying in public accommodation in Hungary was 1pct higher than the previous year.

GDP Increases 1pct in Q2

Hungary’s GDP increased by 1pct in the second quarter of 2010 (and by 0.8pct when adjusted for calendar effects) compared to the corresponding period of last year.

Trade Balance Surplus Reaches EUR 241 Million in July

In July, the trade balance showed a surplus of EUR 241 million, meaning a deterioration of EUR 87 million on the corresponding month of 2009.

Deliotte Research: 63 Hungarian Companies among the Top 500 of the CEE Region

International consultancy firm Deloitte listed 63 Hungarian companies among the 500 largest in the CEE region.

Hungary Advances Six Places on WEF’s Global Competitiveness Index

Hungary ranks six places higher on this year’s World Economic Forum Global Competitiveness Index, currently occupying 52nd place.

News Monitoring