Finance Ministry sees 2005 GDP growth at 4.2%, forecasts 4.2-4.5% growth in 2006
Officials of Hungary's Finance Ministry said on Tuesday that GDP growth likely came in at 4.2% in 2005, and forecast that growth will continue at that rate in 2006 as well.
Hungarian consumer confidence up in Dec. as business confidence consolidates high
Hungarian consumer confidence was up again in December, on the back of a more favorable outlook on inflation and employment, while business confidence remained at a high level, according to a confidence index compiled by economic research group GKI.
Audi's Hungarian plant produces 14% more car engines in '05 from '04
Audi Hungaria Motor Kft, the Hungarian subsidiary of German car producer Audi AG, produced 14% more engines on the year (y/y) in 2005 at its factory in Gyor, western Hungary.
Broadband internet penetration in Hungarian businesses rises to 73% in September '05 - study
Broadband internet penetration in Hungarian firms rose significantly to 73% in September 2005 from 53% in the same period of 2004, while general access to the internet by firms employing more than five people stood at 79% in September 2005, up from 73% for the previous year, according to a joint study by research firm GKI, and IT firms T-Mobile and Sun Microsystems.
Hungarian hotels see revenue per available room rise 17.7% in 2005
Revenue per available room (RevPAR) at Hungarian hotels increased 17.7% year on year (y/y) in 2005 while guest nights rose 5.6% over the period, according to statistics released by the Hungarian Statistical Office (KSH) Wednesday.
