In April of 2012 the GKI Budapest Real Estate Market Index (92.8) shows insignificant decrease compared to the previous quarter (-0.8 points). Expectations on residential and warehouse market improved slightly, on office and retail space market deteriorated. You can download the report from here.
This year, the purchasing power of the population will decrease by about 2.5 percent. It will be the fifth year since since 2006, , when – except for last year’s stagnation – a reduction will occur in the consumption of the population – wrote the head researcher of GKI. In...
The forint strengthened considerably last week after the news that the obstacles to the IMF negotiations might be eliminated soon. GKI forecasts that the implementation of the Szell Kalman Plan 2.0 may be sufficient to terminate the excessive deficit procedure next year, and the threat of suspending Hungary’s access to...
The Hungarian economy has been the weakest for years in the region, and it fell short of its own capabilities. Now this is accompanied by a credibility crisis (perceived in the political, economic and business spheres as well). Although the growth was slightly faster than the EU average in 2011,...
According to the GKI Economic Research Zrt., this year, the gross domestic product (GDP) will decline by 1.5 percent. GKI believes that in 2013 it will increase by the same extent. GKI also raised its inflation forecast: the inflation rate will be 5.3 percent in 2012 instead of the previously...
According to Hungarian companies, the number of bankrupt businesses will slightly rise this year as well, following an all-time high of last year. They expect a particularly strong wave of bankruptcies in trade and in vehicle trade, as well as in agriculture and in collective services. You can download tre...
Three and a half months after the announcement of the resumption of contacts with the IMF no agreement has been reached, not even about the opening of official negotiations. Hungary’s financial assessment, which has become more favourable in recent months, may plunge if Hungary’s intentions to negotiate will not be...
According to Hungarian companies, the number of bankrupt businesses will slightly rise this year as well, following an all-time high of last year. They expect a particularly strong wave of bankruptcies in trade and in vehicle trade, as well as in agriculture and in collective services. More
In February, the GKI-Erste economic sentiment index adjusted for seasonal effects rose to its last autumn level following a continuous decline of almost one year. According to the empirical survey conducted by GKI, pessimism deteriorated to a greater or lesser extent in all sectors (except construction) and among consumers as...
E-mail Facebook Twitter RSS