1003 results for Hungary
The euphoria from the re-opening of the economy is fading as the month-on-month growth in retail turnover slows further in July. Another nail in the…
The Statistical Office left the advance GDP growth estimate unchanged at -13.6% year-on-year in 2Q20. The best part? The worst is finally behind us
The extremely strong wage growth seen in Hungary in June was assisted by the bonus paid to healthcare workers, but coronavirus furlough schemes might have…
The July labour market data shows improvement as the initial shock of the Covid crisis fades. However, question marks remain over possible second round…
Third time's a charm. The Debt Management Agency adjusted the 2020 financing plan according to the latest deficit expectation. The extra funding comes…
We're looking at a relatively quiet week ahead for the EMEA region. The key event is a central bank meeting in Hungary, where rates are likely to…
Something harsh was expected, but still the 13.6% year-on-year slump in GDP in the second quarter caused a significant surprise. History books and charts…
By Peter Virovacz
Both Fitch and S&P are having the opportunity in hand to review Hungary’s sovereign debt rating on 14 August. One can act, the other can remain…
Headline inflation surprised on the upside in July, but a strong acceleration was on the cards anyway. Service providers’ reaction after the…
The central budget deficit increased further to HUF2.16tr in the first seven months of 2020. This means the budget has already overshot the full-year target