Economic forecast for Hungary (July 2020)
In its second-quarter forecast in July 2020, Kopint-Tárki lowered its projection for this year’s decline of the Hungarian economy from …
Kopint-Tárki Institute for Economic Research Co.
1112 Budapest, Budaőrsi út 45.,
tel.: +36 1 309-2695, fax: +36 1 309 2647,
e-mail: info@kopint-tarki.hu
In its second-quarter forecast in July 2020, Kopint-Tárki lowered its projection for this year’s decline of the Hungarian economy from …
The national correspondent of Eurofound in Hungary is Kopint-Tárki Institute for Economic Research with Kopint Foundation for Economic Research in the period of 2018-2021.
In the third quarter of 2017, a new record has been reached in the manufacturing sentiment indicator.
The country analysis for Hungary, commissioned by Ismeri Europe, collects detailed regional data from national sources and information on distribution of competences, its evolution and the role of EU Cohesion Policy in development across different regions.
The study, commissioned by the UNICEF, aims to review the environment shaping public expenditures in general and social expenditures in particular in the new member-states (NMS) of the European Union (EU-10) as compared with the older members (EU-15).
The annual country report, which was commissioned by the European Commission Directorate-General Regional Policy, examined the achievements of Cohesion Policy in Hungary.
The Country Reports for Albania Macedonia, Armenia, Azerbaijan and Bosnia-Hercegovina were prepared for the USAID in the frame of PFS (Partner for Financial Security) project, which supports financial sector development by bringing together regional players from Partner and Mentor Countries to address regional challenges, promote the adoption and implementation of international best practices, and to share experience and lessons learned.
In the context of the impact assessment of the AVMSD, this study, commissioned by the Directorate General Communications Networks, Content and Technology: DG CONNECT, analyses the self- and co-regulatory schemes on protection of minors from harmful audiovisual content and on audiovisual commercial communications in the EU. It covers both television broadcasting and in on-demand audiovisual media.
The study checked compliance with the commitment of each country participating in the Competitiveness and Innovation Programme (CIP), i.e. the 28 Member States, Albania, the Former Yugoslav Republic of Macedonia, Iceland, Israel, Turkey, Liechtenstein, Montenegro, Norway, and Serbia. The results of the study informed the Commission’s report to the meeting of the EU’s Competitiveness Council in May 2014.
The purpose of the study titled “Compilation of development cadastre on the completed developments” – prepared in the framework of the ÁROP 1.1.20-2012-2012-0001 priority project titled “Monitoring developments in local government”, realized by the Ministry of the Interior, – is to enable coherent framing and monitoring of the local government development projects mainly from EU sources to fulfill the commitments made in connection with the EU membership.
2020 | 2021 | 2022 | |
---|---|---|---|
GDP | -5.0% | 4.0% | 5.0% |
Gross Fixed Capital Formation | -7.3% | 6.0% | 10.0% |
Industrial Production | -6.1% | 4.5% | 5.0% |
Gross Salaries | 9.7% | 5.5% | 6.0% |
Unemployment* | 4.1% | 3.9% | 3.6% |
Current+Capital Account** | 0.0% | 0.5% | 0.5% |
General Government** | -8.1% | -7.0% | -4.0% |
Consumer Price Index* | 3.3% | 3.3% | 3.3% |
MNB Base Rate*** | 0.6% | 0.6% | 1.0% |
10-Year Yield*** | 2.08% | 2.3% | 2.4% |
*annual average **in % of GDP ***at year-end
Fact Forecast
A new IMF study showed that both workers and the receiving countries are beneficiaries of emigration while sending countries are experiencing negative impacts.
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e-mail: info@kopint-tarki.hu