GKI: Online retail turnover could grow 50% to HUF 18 billion this year
The turnover of online retail stores in Hungary could rise another 50% to HUF 18 billion (USD 93 million) this year after reaching HUF 12 billion in 2004, according to a study by research institute GKI, conducted in cooperation with T-Mobile and Sun Microsystems.
Budget deficit HUF 60 billion in August, lower than expected - annual target nearly reached
Hungary's consolidated state budget deficit was HUF 996.4 billion at the end of August, some HUF 40 billion lower than the expected HUF 1,036.2 billion, the finance ministry announced on Tuesday.
Hotel revenues up 14% in first eight months despite August slowdown
Gross room revenues in Hungarian hotels increased by 13.7% in the first eight months of 2005 but only by 3.9% in August alone when compared to the same period in 2004, according to data released by the Central Statistical Office (KSH).
Fuel prices rise around 4% in August
Hungarian fuel prices continued to rise dynamically in the past month, although at a slower pace than might have been warranted by international price movements, according to data published by the economy ministry.
Hungary's trade deficit widens to EUR 304.3 million in July - above expectations
Hungary's foreign trade deficit reached EUR 304.3 million in July 2005, according to preliminary data released by the Central Statistical Office (KSH).
