Key EventsHungary
Key events in EMEA next week
GDP data from Hungary and other central and eastern European countries, plus a central bank meeting in Turkey are the key things to watch next week
Hungary: GDP growth will reflect solid end to 2021
The only data release during the next week will be related to fourth-quarter GDP growth. Based on high-frequency data as well as remarks from government officials, it seems that Hungary closed 2021 on a high note. Quarter-on-quarter GDP growth of 1.5% will translate into year-on-year growth of 6.1% in 4Q21. As this is only a flash estimate we will hardly see any detailed clues from the Statistical Office regarding the drivers. But we expect the domestic demand to be sitting in the driving seat.
EMEA Economic Calendar
Source: Refinitiv, ING, *GMT
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11 February 2022
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more