1003 results for Hungary
Emerging markets will continue to face high inflation figures, putting pressure on central banks in Hungary and Russia to hike rates
Although the retail sector’s year-on-year growth looks good, the trend still shows stagnation as fuel and non-food sales struggle to show constant…
The Statistical Office kept to its 2.7% quarter-on-quarter GDP growth number for the second quarter. With this, GDP is already back at pre-crisis levels…
FX volatility remains near the lows as investors remain unconvinced that Jackson Hole will light a fire under markets. The gains earlier this week of…
As expected, the NBH raised the base rate 30bp to 1.50% and left open the door for further tightening. The surprise was that it launched the tapering of…
The National Bank of Hungary meets on August 24th to set interest rates. A third consecutive 30 basis point hike in the base rate is widely expected. It…
Look out for GDP figures in Russia, Croatia, and Mexico, as well as an interest rate announcement in Hungary
The economic recovery is well underway across Eastern Europe, with year-on-year figures bouncing back after steep declines last year. In Hungary,…
Headline inflation in July showed a significant slowdown. The majority of the easing is related to base effects. Underlying inflation remained strong and…
As usual, the July monthly deficit was relatively low and with that, the full-year budget goal is well within striking distance. Against this backdrop, we…
