Retail sales up 7.3% y-on-y in September
Hungarian retail sales were up an adjusted 7.3% year-on-year in September, according to data released by the Central Statistical Office (KSH) Wednesday.
No. 1 mineral water firm Szentkiralyi unites with fruit juice leader Sio against multinationals
Hungary's market leading mineral water firm Szentkiralyi announced Thursday that it has joined forces with the country's leading fruit juice manufacturer Sio-Eckes in order to ward off competition from multinationals.
Construction output jumps 37% y-o-y in September, led by road and utility works
Construction output in Hungary was up 37% year on year in September 2005, according to both unadjusted and working day adjusted figures released by the Central Statistical Office (KSH) Monday. This brings growth in the first nine months of the year to 17.4%.
Number of Internet banking clients rises 53% in Q2
In the second quarter of 2005, some 604,000 individuals and 96,000 businesses used Internet banking services in Hungary, growing a respective 53% and 58% since Q2 2004, according to a survey by research institute GKI in cooperation with T-Mobile and Sun Microsystems.
Ecostat estimates GDP growth at 4.6% in Q3
Economic research institute Ecostat, an offshoot of Hungary's Central Statistical Office (KSH), estimates that Hungary's GDP grew by 4.6% in the third quarter of 2005, according to its flash GDP estimate published on Monday.
