1004 results for Hungary
Gross and net wages rose by 13.6% YoY in September, above expectations. Labour demand is on the rise too. One could say this is business as usual nowadays…
GDP came in at slightly lower than market expectations but this shouldn’t be a game changer when it comes to the big picture which is still rosy
The general government year-to-date deficit came in at HUF 1.4tr in October and the significant deterioration is due to EU payments
Retail sales turnover increased by 6.0% YoY in September, with growth accelerating in the non-food sector. It's the strongest reading this year
In spite of the dip in manufacturing PMI to 58.3, causing a mild surprise to market consensus, we still have an optimistic outlook
Don't expect much change at the central bank's meeting today but keep your eyes peeled for the 'ready to take any action' stance
As policymakers become cautious about markets moving too far too fast for their liking, we expect a pause in the tightening cycle barring any big…
Strong industrial production helps case for acceleration of 3Q17 GDP growth
The sharp deterioration is due to the pre-financed EU projects, and is only in the cash-flow based data
The fourth solid reading in a row after a rather hectic start to the year with sales in non-food shops still the main contributor