WEEKLY ECONOMIC REVIEW - MAY 31 - JUNE 6, 1957.

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP78-01634R000100110009-0
• Release Decision: RIFPUB
• Original Classification: C
• Document Page Count: 3
• Document Creation Date: December 9, 2016
• Document Release Date: April 6, 2000
• Sequence Number: 9
• Publication Date: June 7, 1957
• Content Type: DISP

j
DO NOT TYPE
riAiticrAor Release 01 ,.1
iticIrty (Security C .0 cation R00010,01p909 0 IN THIS SPACE
. 0
OREIGN SERVICE DE?PATCII
FROM Lef,,Ition, Iulnoest'
. , DESP. NO.
s TO Tun DEPARTMENT OF STATE. WAE1111k8ifi":14 '; Junp
DATE
REF
....Tor Dept.
Use Only
MEDT:
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31-4.1D'Une 6, 1957. 77.., FA.6
rA 6
ift/ 7 je 14C f
Hatibnal APSCrNlyxhin we t orliiketleh ail'
017_52'000 million 'forint ino4Mo anA 51.800 nillion forint expenditure
stit,a#I'Attes,' Tinance statad that expenditures for economic
r,lioufit to 33,70cp: million .forints; relatively large
igpre-ef 7-000 il.innforints earnarked for covering state subsidies
and -deficits Of Atte ut4ertalins. Antos said thnt 2,600 million
forintA:lesa'would he's'It6t this year than last on defense and adminis--
tratUti;AIJefen1 figures for this year given as 1,912 million forint*
tb:1-it year's 4,00n million -forints, tiepszabu4ea61, June 5).
t..7ces rindfs cstimated to run to 5 oltlion Ldrints and
rOM-State-Utidertkini.;S to 36,200 million forints, the latter 91; below
IsictsyiAi'rs4 r. 4cenr41n$, to Antos dawer of inflation is pnst
and.barrini., nccien.a r' V' m no raise nr rice consumer
- ^ ill notP
(UNCLA33 Piku)
,
tonal ?ureau, spoke on genera,.
c subects and predicted fourth quarter industrial production
5..6% below results achieved in third quarter 1956. This
p
ertO oe first re'imrsa of regime's repeated pronouncements 'that
?
nomal,Ilefore end of year. t.iss laid production
Orohlet:doersten f raw naterials situation but editorial (June a,
on vork discinline clearly. indicates regine aware that
ton6ap. problem one of Nunan, rather than material, resources. Kiss
AState,4 hAioni11 incano in 1957 would be 9 billion forints, or 9%,
below 19:$6 ostiMated intone lf 100 billion forints? but 2'billion forints
00v4 1954 actual national income. Agricultural production is expected
tie:in:ereasi-bY.3% oler Inst year. (OFFICIAL USE.OHLY)
-teLP by lell esikosliaar: had of National Price Bureau,
Andida eAanc other things Viet regime giving its officials rather
1444 leeway in 4iscussinn problems outsideAmmediate spheres of
interest. 'Csikos Nagy's remark that crop rotation now left up to free
choice of peasant and that sugar beet and hemp production disappointing
see tiCtlear cut adOission that regime (as pointed rut in Legdeepatch 577
M?22n11). exercising much less control in countryside than formerly.
I CONFIDESTIAL
INFORMATION OPY
Retain in divisional files or destrnY th abcordance with security regulations.
oved For Release 2001/07/28 : CIA- p 4hoM4
, -Rp 0:1-oolooll0000-o
iristruc 1 .
Approved For Releiase
COOFtYAVTIAL
( Claisification) Desp. No. 610
, I, From. ql-F 11.1)est
,
A 1
I i ,41Yti 'A -
Regime plans to set purchase price or wheat at about 200 forints
per 100 kilo grans this year, according to Csikos Nagy, compared to
ft/440-6111'kender.purchase price or 135 forints Per 100 itilo!.Telis
at _ Ar: (weighted lverage of previous surrender price 60 and
&Chile price 280 per Kilo)._ Reduction in price of pigs as
tt164 int:reads in Pri-6-6:4 Jliild -for prndqce sold in bulk and
Oriiinirta Ana maxima free nark-et prices also appear in offing.
Ae-SK WM) ,
ini I A .i. , Witta
told trip t). B 'vow A;lti on of.v cers nqtel oilstructien
14:lent houties-ilt' AVii- one tif ihVeitMents 6-lilted -Under
. An t.p be continued.' Aluriintwiplant At Inota still alpears
aqe1r Taoperativo. (CoUFTOSOTIAL)
V-- ,
Change in Hun:arlan Red Cross leadership announced this wee
PAK
with old line people rola1acin4 five professor collegium which
1
raanagod..:
, orgalliNcttion durinq post-revolutionary period. ittszliri says move will '
roOtO-re erl.ani,7ation 4 s autonomy,: but _reverie is true. ::?-,gine has
40 ,fr _ .
AlloOt6ntIy decided time rine to reMove facade of respectability with
,. ?
wM? it 47.lowed MO to ace kle Wes,t. (014 IG.,.. 1.4 u,J4.-4 04LY)
, . , ! . 1 ,
artit.11e. on urmliu4 .)-linpa, o. ;1essic, stml;s; ent rands that
praCticeOf:paAsint; them off as teuxite !Aiwa cor ectly abandoned.
ShiPMents of Ore to F.:oviet UniOn:s0.4 to hove been sna 1 up to present
tinP.'ii::'-!cLA ,.31:,))
z 441trf21: . rrae-r ciar of flunary's food :amply, anpointed
Ilationnl PederatiOn ogOoperativei3 vice Zoltan Vass currently
le-gazy exiles. (VCLA,I;STM7411)-.
A4H4i 1 & 4 . 1
0* irAtilti itii, ' il'elationt sligied on heels of ilUngarian.
-eel,ient Concitilled.rricen4Y Tilepszabadsaal ilay 29th). According,,
_. . _ _
,eantion officers audapeatuient not in favor
eehent with Hun.-arins but power KLM pressure forced
P- T1AL)
INN hI A 1
y ceml product Oh reportedly. 701053 tons. Apr
production ;7iven ns 921 presumsbly of sane month 1956.
F1LB)
ress rit,tes 200 O3) people visi1Ite. ButInoest, Industrit4 Fair
throuGhSunday. June 2nd. Falk -seciis- prin-arily designed for internal
rond and is dominateki _-1.7.privnte and cooperative
,ariceii,re exhibits consular Lioodzi.. narket placed io11 in
b* (Legdes 604, June 4)- (0111:11Citia 11:3E ONLY)
N. Spencer Barnes
Chari;e d'Affaires a.i.
ved For Release 2001/0712
634R000100110009-0
, ,
Approved For Release
CONFIDENTIAL '
(Classification)
4R00010921-4-0309..e--of
xL No
Desp. No. 610
From Budaoest
CC/ Pouched to
SETA?, Leghorn: CINCUSAFE, Viesbaden: CltenLM, London: VSOINC-
LUR, Paris: cauximul, Heidelberg; USOOCO3OUTH, Naples, AneNbassies,
Belp;rade, Berlin for EM, Bonn, London, floscow, New Delhi, Paris
(2 copies), Prague, ome, Tel Aviv, Vienna for PAD and Nal, ,;arsaw;
AmLealtion, Bucharest: hnConGenFrankfort for Ptili? ,iunich for Pb
(2 copies) and ARC, Frankfort for SED.
(.0N;1;)E7.:TIAL
Approved For Release 2001/07/28 : CIA-RDP78-0
634R000100110009-0