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The stronger-than-expected wage growth remains puzzling as based on the labour market data, the retail sector should not be in a downward spiral
Even though the March unemployment rate decreased in Hungary despite the new lockdown measures, we believe we're going to see a negative impact from…
With investors bracing for the Fed meeting tomorrow, the major crosses should remain well behaved today. Instead, the focus turns to policy meetings of…
A central bank decision from Hungary and GDP figures from the Czech Republic will be key to watch as the pandemic continues to take its toll
During the first quarter of 2021, Hungary accumulated a more than HUF 1.1tn budget deficit. Parliament will now adjust this year’s budget, raising…
Headline inflation jumped again in March, and fuel and tobacco triggered the acceleration. But there is more to come
Despite a solid labour market and strong wage growth, Hungarian retail sales remain on a downward slope. Consumption probably retreated during the first…
Whilst we are dollar bears in 2021 and are eager to see signs that the bear trend has restarted after a tricky first quarter, it is too early to conclude…
The IMF upgraded its global growth projection to 6.0% in 2021 and 4.4% in 2022 in its latest World Economic Outlook (vs 5.5% and 4.2%, respectively, in…
Supply chain issues in car manufacturing is still a thing but at least producers were able to ramp up capacity utilisation in February. This translated…
