The confidence index showing the one-year expectations of Hungarian micro, small and medium-sized enterprises remained in the negative range in the last quarter, but the indicator improved by the end of the year, dropping from minus 14 in the previous quarter to minus seven points, K&H group highlighted in its announcement. According to the financial […]
69% of young people under 30 who have a job expect a pay rise next year in Hungary, while only 6% fear a decrease, K&H Bank said on Friday, referring to its November survey. Despite the optimistic feedback, the K&H data shows that young people are also feeling the difficulties. In the previous quarterly survey, […]
The majority of large companies' managers expect the Hungarian currency, the forint to weaken further until the summer, with almost all of them adversely affected by the exchange rate change, K&H Bank told the state news agency MTI on Thursday. According to their survey, 65% of respondents expect a weaker forint in the next six […]
Christmas is all about spending quality time with family, 69% of women and 60% of men say, but the preparations can also be stressful, according to a survey by Costa Coffee and GKID in Hungary. The survey found that people choose a variety of ways to relieve stress: one in five relax by reading a […]
Hungarians are more aware of sustainability, but are less willing to spend on it this year, according to a survey conducted by Opinio market researcher on behalf of Rondo Hullámkartongyártó [corrugated board manufacturer] Ltd. Environmentally friendly packaging was rated as important by 50% of respondents in the run-up to the festive season. If it did […]
Democracy remains the most important value EU citizens want Parliament to stand up for. 72% of respondents (78% in Hungary) believe their country has benefited from being an EU member, according to a new Eurobarometer survey. Democracy, human rights and free speech are paramount to EU citizens as they call on the European Parliament to […]
More than half of the Hungarian population overspends on Christmas presents, according to a new survey. 80% of Hungarians plan in advance the value of the gifts they will buy, but more than 50% overspend during the festive season, according to a representative survey by Magyar Bankholding, the summary of which was sent to the […]
Internet use is on the rise over the age of fifty, but TV is still the first, according to a statement on media consumption habits sent to the Hungarian state news agency MTI by the Communications Directorate of the National Media and Infocommunications Authority (NMHH) on Wednesday. The online presence of 50-75 year-olds has become […]
The expectations of Hungarian companies have become more pessimistic for the 2023 economic year, but half of the companies still expect growth next year and a larger share of them plan to increase wages, according to a recent HR Panorama 2022 study by Profession.hu. The findings of the study, which examines current labor market challenges […]
The proportion of Hungarian adults who consider self-providence important has increased significantly, while the number of those who think they are unable to save for their retirement has also risen, according to a quarterly representative survey by K&H's Secure Future Index, the results of which were presented at a press conference in Budapest on Monday. […]
66% of Hungarian firms plan to cut back on IT upgrades due to the significant rise in energy prices, according to a joint survey by Association of Information Technology, Telecommunications and Electronics Enterprises (IVSZ) and the Macronome Institute. The association says that this result is also worrying because in order to maintain and increase the […]
Hungarian consumers believe it is important that their household appliances are energy efficient, and the majority are willing to pay a premium for appliances with a better energy rating, but many are not aware of the meaning of energy labels, according to a recent survey by Euronics, a chain of technical stores. According to the […]
The majority of Hungarians admit to consciously buying food, paying attention to the expiry date of food, yet they produce 65 kilograms of food waste annually, resulting in an annual loss of HUF 45,000, the Hungarian Food Bank Association told the state news agency MTI on Monday. According to the statement, the association, the National […]
The e-commerce market in Hungary is growing dynamically, with turnover in 2021 reaching more than HUF 1,200 billion, up 32 percentage points in the past year, according to a representative Payment Experience Report, supported by Mastercard, which was published in a statement on Monday. Mastercard's marketing manager in Hungary, Péter Mondovics, said in the statement […]
In the last quarter of this year, 26% of companies operating in Hungary plan to lay off workers, the employment agency ManpowerGroup said on Tuesday, the state news agency MTI reports. According to a survey by the recruitment agency, half of domestic companies are not planning any changes, but only a fifth of them plan […]
