1002 results for Hungary
Hungary's gloomy outlook hasn't brightened much as we await key data
The negative momentum in Hungary’s labour market continues
The National Bank of Hungary cut the base rate by 75bp, and delivered a hawkish message for the second quarter ahead
The Fed's favoured measure of inflation and the National Bank of Hungary's upcoming meeting are in focus next week
The National Bank of Hungary is set to deliver a 75bp cut, coupled with hawkish forward guidance
We anticipate a change in the official deficit target to 4.5% of GDP, which might be subject to another change later
Hungary’s inflation is looking better, but the battle hasn't been won yet. We still see reflation taking place later this year
The outlook for industry is increasingly gloomy
Subdued growth and a changing structure set to characterise Hungarian GDP in 2024
We reassess our economic and market forecasts in our latest Monitoring Hungary