Statistical data released by the Hungarian Central Statistical Office (KSH) show that tourism traffic at accommodation establishments was higher – once again -- in the month of August 2015. In the observed period, the number of guests and tourism nights was up by 7.1 percent and 5.3 percent, respectively, while revenues at accommodation establishments rose by 16.6 percent, year-on-year. Tourism traffic was higher concerning eight out of Hungary’s ten largest sender countries; of these, three countries posted double-digit increases (United Kingdom: +20.9 percent, Spain: +16.7 percent, USA: +12.6 percent).
The World Bank may in the future -- through financing and development programmes -- assume a role in resolving the migration issue, Minister for National Economy Mihály Varga told Hungarian public service broadcaster Kossuth Radio.
The proximity of the two countries and the competitiveness of Hungarian enterprises within the EU market facilitate the further tightening of bilateral trade relations, Hungary’s Minister for National Economy Mihály Varga and Switzerland’s Economic Affairs Minister Johann Schneider-Ammann concluded at a meeting on the sidelines of the IMF-World Bank annual conference in Lima, Peru.
On the sidelines of the IMF-World Bank annual conference, Minister for National Economy Mihály Varga held talks with the leaders of several international financial institutions and representatives of investor groups.
Minister for National Economy Mihály Varga has received the award “Finance Minister of the Year, Central and Eastern Europe 2015” in Lima.
The latest data showing that inflation was -0.2 percent last year also signal that the purchasing value of wages and pension benefits has increased, Minister of State for Public Finances Péter Benő Banai told public news channel M1.
Statistical data show that the number of people in employment is up by 500 thousand compared to 2010. The total number of people with a job rose to more than 4.2 million last month and the hard work of these people also shows in the volume of Hungarian exports, Deputy State Secretary for Prioritized Enterprise Relations Zoltán István Marczinkó told public news channel M1, commenting on the latest foreign trade data released by the Hungarian Central Statistical Office (KSH).
In September 2015, consumer prices were on average 0.4 percent lower, year-on-year. Along with the significant drop of fuel prices, the free school book scheme of the Government launched last year also contributed to the change in the overall price level.
Corporate responsibility has been a key factor of sustainable social and economic growth, and it has also had a positive impact on the long-term prosperity of enterprises, participants of the conference organized by the Ministry for National Economy and the Organization for Economic Cooperation and Development (OECD) stressed.