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 […]

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 […]

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 […]

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, […]

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 […]

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 […]

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.

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.

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.

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.

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).

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.

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.

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.

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.