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Cash register Figures Not Improving

D&T
Jun 26, 2020

In the first half of June, according to cash register data, store revenues were 3.7% lower than before, which is worse than the 2.6% decrease in May. In addition, people bought less in grocery stores, and the jump in online store revenues is also smaller than the April peak. The survey was made for the […]

Residential buildings in Prague

How the Pandemic Affects CEE Real Estate Market

D&T
Jun 25, 2020

According to a recent survey by Deloitte, almost nine out of ten respondents expect real estate market activity to decline in 2020. Between January and April this year, the perception of the players in the sector changed radically. Although more than half of the respondents expect only a short-term economic impact, 90% expressed a pessimistic […]

Hungarians' Use of Digital Channel Widens

D&T
Jun 16, 2020

As a result of the restrictions caused by the COVID-19 epidemic, Hungarian society made progress in the field of digitization in a quarter of a year – progress that otherwise would have taken a year and a half, according to Deloitte Digital’s 1,000-person representative customer survey. Changes in the utilities sector have also significantly transformed […]

Alternative Payments to Cash are on the Rise in Hungary

D&T
Jun 15, 2020

More than a third of the Hungarian population has been using less cash since the outbreak of the COVID-19 pandemic, according to a recent representative poll conducted by Pulzus Kutató for Napi.hu. One in six people switched to another payment solution because of the coronavirus, but most have replaced traditional payments because of new services, […]

Digital Banking Increasingly Used by Hungarians

D&T
Jun 11, 2020

Banking habits have changed significantly changed in Hungary since 2018. Two thirds of those who previously only used a bank branch to manage their account already use a digital channel, and the role of mobile banking has also increased, according to Deloitte Digital representative research. Deloitte Digital has conducted a customer survey on a representative […]

Most Hungarians Do Not Benefit from Free Parking

D&T
Jun 5, 2020

Parking in public areas in Hungary has been free – by government decree – since April 5. Although, the government justified the measure by saying that this would make public transport vehicles less crowded, only a small percentage of people seem to benefit from it, according to a new survey. Making parking free is one […]

GKI sentiment index 2011-18 | GKI

Minimal progress in business expectations

D&T
Feb 2, 2018

Compared to its historical peak at the end of 2017, GKI’s economic sentiment index advanced in January within the statistical margin of error as a result of a minimal improvement in business expectations and a slight deterioration of consumer expectations.

| Pixabay.com

Swiss business survey

D&T
Nov 20, 2017

At the Fourth Swiss Business Day in Hungary, Swiss companies that boost Hungary’s economy await visitors with the topic of Innovation and Talent. The firms have responded about their relations to innovation in an online survey.

DUIHK booth at the Automotive Hungary show in Budapest | ahkungarn.hu

German companies optimistic in Hungary

D&T
Oct 31, 2017

A recent survey by the German-Hungarian Chamber of Industry and Commerce reveals that German companies are currently in excellent shape in the country. They are even more optimistic than the already very good results published in April.

Bars and restaurants in Eger

Economic sentiment index on the rise

D&T
Jan 26, 2016

Hungary’s GKI economic sentiment index (adjusted for seasonal effects) in January 2016 was its highest level in almost 18 months - expectations were near their 2015 peak in the business sector and near their 2014 peak among consumers.

Hungary's richest man

Hungarian makes it to Forbes billionaire list

D&T
Nov 3, 2015

Sándor Csányi, the head of Central Europe’s largest financial institution OTP Bank, is listed by Forbes magazine among the world’s 1,700 wealthiest people, the USD billionaires. Csányi's wealth is worth of HUF 287.9 billion (just over USD 1 bn).

Construction | iurii/Shutterstock.com

Business confidence index rises high in Hungary

D&T
Sep 22, 2015

In September 2015, Hungary’s GKI-Erste economic sentiment index adjusted for seasonal effects reached this year’s peak, and the degree of optimism was only slightly lower than at the end of last year, which corresponded to a 17-year high.

The Hungarian Parliament - decisionmakers inside | Can Stock Photo Inc./anderm

Hungary the 4th poorest in the European Union

D&T
Dec 12, 2014

Based on the actual consumption of households Hungary was the fourth poorest country in the European Union in 2013, according to Eurostat data published on Thursday. Actual Individual Consumption (AIC) in Hungary was 62% of the EU28 average last year.

GKI-Erste economic sentiment index 2008-2014 | Source: GKI economic research institute

Slight decrease in economic sentiment index

D&T
Nov 23, 2014

Compared with its very high October value, the GKI-Erste economic sentiment index adjusted for seasonal effects decreased slightly in November. Expectations remained unchanged in the business sector, whereas they declined among consumers.

| GKI Economic Research Co.

Economic expectations hardly changed in June

D&T
Jun 23, 2014

After one and a half years of spectacular rise, the GKI-Erste economic sentiment index reached a peak in April. After a decrease in May, expectations improved slightly in the business sector in June, whereas the consumer confidence index continued to decline.

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