Hungary Q3 GDP Growth Slows to 6.1%
Hungarian economic output increased by an annual 6.1% in the third quarter, down from 17.8% in the previous quarter, the Central Statistical Office (KSH) said Wednesday, confirming its preliminary data.
Adam
Economy
Central Bank Raises O/N Depo, Collateralised Loan Rates
Hungary’s central bank policymakers raised the O/N deposit rate by 45 basis points to 1.60% and the O/N and one-week collateralised loan rates by 105 basis points to 4.10% at a meeting on Tuesday.
Hungary Wages Grow 9.1% in September
Hungarian wages grew by an annual 9.1% in September, up from 8.9% in the previous month, the Central Statistical Office (KSH) said on Tuesday.
“Hungary on Right Path to Food Security”
The importance of food security and food sovereignty has grown considerably as a result of pandemic, and Hungary is on the right track in these areas, Minister of Agriculture István Nagy said at the Planet Budapest 2021 sustainability expo and world conference on Tuesday.
Socialists Warn of Growing Poverty Among Pensioners
The gap between pensions and wages is growing, and a growing number of Hungarian pensioners are experiencing poverty, the Socialist head of parliament’s welfare committee said.
Szijjártó Calls for ‘Dialogue Between East and West’
The problems between East and West should be resolved through dialogue, a “new cold war” is against Hungary’s interests, Foreign Minister Péter Szijjártó said in Riga on Tuesday.
“Hungary Seeks to Build Post-Brexit Ties With UK”
It is in Hungary’s fundamental interests to further develop ties with Great Britain after Brexit, “not only at governmental level but in the area of party politics, too”, Hungary’s minister for family affairs said in London late on Monday.
ESRB publishes two reports on macroprudential stance
The European Systemic Risk Board (ESRB) has today published reports from the Advisory Scientific Committee (ASC) and the Advisory Technical Committee (ATC) on macroprudential stance. The macroprudential stance is a conceptual framework for comparing systemic risks with the policy measures taken to address them. The purpose of this comparison is to arrive at an assessment […]
Consolidated financial statement of the Eurosystem as at 26 November 2021
In the week ending 26 November 2021 the net position of the Eurosystem in foreign currency (asset items 2 and 3 minus liability items 7, 8 and 9) decreased by EUR 0.1 billion to EUR 321.2 billion.
KSH: The Average Gross Earnings in Hungary are HuF 428,000
In September, average gross and net earnings were 9.1 percent higher than a year earlier. Growth continued after 8.9 percent in August.