1002 results for Hungary
The latest set of data makes it clear that wage growth and a drop in unemployment are supporting the economy during these hard times. The only caveat…
The National Bank of Hungary raised the base rate by 100bp and remains hawkish with its forward guidance. We maintain our above 8.25% terminal rate call.…
Incoming data don’t sharply contradict the central bank's March forecast. We see a maintained pace of tightening, hiking the base rate and the…
As discussed in our market preview, we think the ECB meeting today may fall short of the market's hawkish expectations, as Lagarde may keep her…
In our latest update, we reassess our Hungarian economic and market forecasts to see what is boiling in the economy's pressure-cooker. In addition to…
After an extraordinary monthly deficit in February, March didn’t bring any relief. With the cash-flow based deficit sitting at 73% of the full-year…
Headline inflation came in below market consensus but has nonetheless accelerated further. Yearly price changes reached double-digit territory in 40% of…
Inflation in the eurozone and Poland reached record highs in March, surprising markets massively. The experience of recent months suggests that we can…
By Peter Virovacz
The European Commission has triggered its rule-of-law mechanism against Hungary which could see the country lose billions of euros in funding. The lengthy…
Industry was able to turn up the volume in February and was performing strongly. With the Ukraine war this is all in the past, however, as the sector is…
