Index – Financial system – Germany can now ram Viktor Orbán’s promise into the bottom

Index – Financial system – Germany can now ram Viktor Orbán’s promise into the bottom

“The German financial system suffered a small recession ultimate yr. Alternatively, it’s value inspecting the efficiency now not best at the foundation of 1 yr’s knowledge, i.e. taking a look again somewhat longer into the previous,” Gábor Regős, leader economist of Gránit Alapkezelő informed Index referring to the truth that Germany’s financial system shrank for … Read more

Index – Economic system – Top costs must be anticipated in 2025 because of inflation

Index – Economic system – Top costs must be anticipated in 2025 because of inflation

The Magyar Nemzeti Financial institution (MNB) has revealed its closing inflation record of the 12 months, which now not handiest supplies an in depth image of the outlook for the 2024 financial 12 months, but in addition seems to be forward to 2025, HVG stories. This record additionally marks the top of an technology: the … Read more

Index – Financial system – In keeping with Mártonék Nagy, there are “worryingly critical issues”.

Index – Financial system – In keeping with Mártonék Nagy, there are “worryingly critical issues”.

In keeping with the KSH, the amount of manufacturing within the majority of producing industries greater in October. Alternatively, some of the maximum weighty sub-sectors, there used to be a decline within the manufacture of automobiles and the manufacture {of electrical} apparatus, whilst the manufacture of computer systems, electronics and optical merchandise, in addition to … Read more

Index – Economic system – The Ecu Union commented on Viktor Orbán’s plan – are we able to say good-bye to financial expansion?

Index – Economic system – The Ecu Union commented on Viktor Orbán’s plan – are we able to say good-bye to financial expansion?

The High Minister introduced greater than a month in the past that, in his opinion, the Hungarian economic system will explode in 2025. On the time, Viktor Orbán stated: he dares to make the commentary that financial expansion of 3-6 % is anticipated in Hungary in 2025, and that the potentialities for the Hungarian economic … Read more

President Nayib Bukele affirms that the blow to the felony financial system didn’t have an effect on the GDP

President Nayib Bukele affirms that the blow to the felony financial system didn’t have an effect on the GDP

The president of the republic, Nayib Bukele, recalled that “the financial system of crime” was once hit arduous via the general public safety coverage and technique, with out affecting the rustic’s gross home product (GDP). “We agreed to pay the commercial price and we calculated that we have been going to have a price of … Read more

The expansion forecast of personal sector economists worsens: Banxico

The expansion forecast of personal sector economists worsens: Banxico

MADRID (EUROPA PRESS).- The Mexican monetary marketplace, made up of various economists and analysts within the nation, revised downwards its forecast for the expansion of the rustic’s Gross Home Product (GDP), with a worsening of 0.12 share issues in comparison to the month earlier, as much as 1.45 p.c. This information contrasts markedly with what … Read more

Lower in tourism earnings in July

Lower in tourism earnings in July

Diminished via 178 million euros have been the tourism earnings of this yr’s July, in comparison to the corresponding July of 2023, in line with information from the Financial institution of Greece. And this, regardless of the rise within the collection of guests, which reached 6.4 million in July, 4.1% greater than final yr. Thus, … Read more

Banxico survey cuts economic growth forecast due to “political uncertainty”

Banxico survey cuts economic growth forecast due to “political uncertainty”

MEXICO CITY (apro).- Growth expectations for real Gross Domestic Product (GDP) for 2024 were reduced from 1.8 percent in July to 1.6 percent in August, according to the Survey on Expectations of Private Sector Economic Specialists for last month and published this Monday by the Bank of Mexico (Banxico). This marks the sixth month that … Read more

Banxico cuts GDP expectations for the third consecutive time so far in 2024

Banxico cuts GDP expectations for the third consecutive time so far in 2024

MEXICO CITY (apro).- The Bank of Mexico (Banxico) indicated in its quarterly report for the April-June period that a slower pace of expansion than previously anticipated is expected for national economic activity. The central bank expected a recovery in the pace of economic activity expansion in the second quarter of 2024, but growth in that … Read more