1004 results for Hungary
Data on unemployment has continued to break records. The jobless rate dropped to 3.8% in November.
The move undermines the political standing of Poland, but the sanctions are highly unlikely as Hungary and other member states break unanimity required…
Gross and net wages rose by 12.8% year-on-year in October, the first sub-13% reading since June. Recruitment in the primary labour market is still strong.
The general government YTD deficit deteriorated further in November, so it seems that EU money inflow hasn’t started yet and the 2.4% deficit target…
Headline CPI increased to 2.5% year-on-year but as all indicators are lower than the 3% target, we don’t see the central bank changing its monetary…
Industry caused a positive surprise yet again. This, combined with the strong 3Q GDP and recent retail sector readings, paints a positive picture.
Hungary's growth rate has been revised up to 3.9% YoY in the third quarter of 2017, and that's a positive surprise
Retail sales turnover increased by 6.3% year-on-year in October, the strongest reading so far in 2017 and it's looking good for the rest of the year
Manufacturing PMI increased to 58.6 in November. With the indicator remaining elevated over recent months, we see industry finishing strongly in 2017.
Unemployment data paints a very positive picture, with both the number of unemployed and the jobless rate dropping to record lows in October
