1002 results for Hungary
Hungary is facing another challenging year after two years full of negative surprises. The third could be a charm
Economic activity in Hungary declined markedly in December
Economic growth last year was disappointing and we expect a similar picture for the region this year
Hungary may have emerged from its technical recession, but its economy didn't quite manage to end 2024 on a strong note
The penultimate rate-setting meeting under Governor Matolcsy pointed to rising inflation risks, with rates set to remain on hold for a while
Labour supply and business confidence issues determine the wage outlook in Hungary
Given the current fragile state of financial markets, we do not see any room for rate cuts in Hungary in the near future
The combination of high debt service costs and the redemption calendars further increases borrowing needs across the board
Foreign investors are exiting CEE4 markets on unfavourable conditions
Hungary plans to further tighten the fiscal deficit and focus shifts to HGBs
