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Industrial production has dropped for two months in a row but we see this as a temporary hiccup mainly due to the volatility in car manufacturing
For three months the unemployment rate has been stagnant around record lows. The local labour market remains tight
Household finances are in good shape and consumers are not afraid to spend money, especially when Black Friday sales kick in. Retail sales soared in November
Both public and private sector wages increased at a double-digit rate on a yearly base in October, putting more pressure on cost effectiveness
Expect the central bank of Hungary to shift from very dovish to mildly dovish / neutral stance today. Elsewhere expect the dollar to stay gently bid…
Headline inflation accelerated significantly mainly due to technical factors caused by last year’s fuel price movements. On the other hand, core CPI…
The year-to-date government deficit came in at 77% of the year-end target in November. On the back of rising tax revenues and incoming EU transfers, the…
A packed calendar in EMEA next week - the focus will be on Turkey's and Russian's central bank meetings which should result in a cut following…
Hungary's industry has once again showed resilience to global woes. However, this won't last forever; data on capacity utilisation is flashing a…
Add elevated consumer confidence to an improved financial situation and the result is strong retail sales. We see a further improvement in spending for…