Yesterday’s FDI dependency remains today’s reality

In 1990 Hungary decided to employ the then prevailing model of economic transition from a state run economy to one based on market principles. It entailed mass privatisations of previously state run companies and the opening up of its borders in front of international capital without much mitigation with regards to its destination and long term objectives.

A study by GKI researcher Máté Veres for the Friedrich Ebert Stiftung. Download the study from here.

GKI’s economic sentiment index surpassed its peak

After nearly one and a half years of almost continuous growth, GKI’s economic sentiment index rose to a new historic peak in February. According to the empirical survey conducted by GKI with the support of the EU, business expectations have never been more favourable than now, and consumer expectations were more favourable only once, during the few months of the Medgyessy government’s 100-day programme in 2002.

You can download the report from here.

You can download the survey data in Excel 2007 format from here.

You can reach the archive of survey summaries here.

Non-Budapest market drives growth alone

The GKI real estate indices for Budapest and Hungary stood at -1 and 1 point in January 2018, respectively. The Budapest index has dropped within the error margin, while the index for the whole country has increased 1 point, compared to the previous survey completed in October. Compared to one year earlier, the index in the capital has decreased 4 points and it has dropped 1 point for the whole country. The real estate outlook in Budapest peaked five quarters ago and a very modest decline is experienced since then. The national index reached its highest point a year ago and the present one is close to it.

You can download the report from here.

You can download the index values from here.

Compared to its year end peak, GKI’s economic sentiment index improved slightly in January

Compared to its historical peak at the end of 2017, GKI’s economic sentiment index advanced in January within the statistical margin of error. According to the empirical survey conducted by GKI with the support of the EU, this was the result of a minimal progress in business expectations and a slight deterioration of consumer expectations. Companies consider labour shortage as the main obstacle to expansion.

You can download the report from here.

You can download the survey data in Excel 2007 format from here.

You can reach the archive of survey summaries here.

GKI’s economic sentiment index reached a new historic peak

GKI’ economic sentiment index reached its new historic peak in December. According to the empirical survey conducted by GKI with the support of the EU, business expectations have never been more favourable than now, and consumer expectations were more favourable only once, during the few months of the Medgyessy government’s 100-day programme in 2002.

You can download the report from here.

You can download the survey data in Excel 2007 format from here.

You can reach the archive of survey summaries here.