Economy

“We're throwing money away" - Opinion

Joint op-ed on plastic strategy by Karmena Vella, Commissioner for Maritime Affairs and Fisheries and Elzbieta Bieñkowska, Commissioner for Internal... 

Hungary business confidence index breaks record in January

Compared to its historical peak at the end of 2017, the economic sentiment index advanced in January... 

Hungary November real wages up 10.2% yr/yr

Earnings continued to grow fast in Hungary in November as net real wages rose 10.2% compared to a year... 

Hungary to subsidize small-scale solar plants

Hungary plans to squeeze out energy imports within 10 years, replacing its current 50% share using alternative... 

Yields lower than ever at Hungary bond auction

Hungary’s Government Debt Management Agency (ÁKK) allotted 78 billion forints worth of government... 

EU has limited tools to withhold funds from Hungary

Commenting on initiatives to use the EU budget to punish ‘rebel’ countries for failing to... 

74% of employees receive benefits in Hungary

74% of employees in Hungary received some form of benefit in kind from their employers in 2017, with... 

Mounting risks tie government's hands - OTP flash report

Although the underlying deficit and debt path remains favorable, mounting risks tie the government’s... 

Hungary least democratic country in EU - Freedom House

Hungary has scored 72 out of 100 in the Freedom in the World 2018 study published by Freedom House, making... 

Hungarians to be hurt by slower wage growth in 2018

Wages are expected to grow slower this year than in 2017, which will no doubt have some impact on the... 

Hungary November hotel revenues up 16% yr/yr

In November 2017, the number of nights spent by international tourists in Hungarian hotels and hostels... 

Hungary cenbank pours liquidity on local banks no more

Swap stock stagnates.

Internet banking spreads at breakneck speed in EU, Hungary falls behind

Hungary below average.

Hungary's Orbán talks Putin, Merkel, refugees with German paper

In interview with Welt am Sonntag.

PM Orbán talks with Audi exec about Hungarian plant

Not much info revealed, though.

It won't be long before Hungary gets rating upgrade - Erste

Hungarian bonds seen popular in 2018 too.
Commentary

It won't be long before Hungary gets rating upgrade - Erste

Hungarian bonds seen popular in 2018 too.

INSTANT VIEW - Hungary's inflation slows in Dec17, as expected (2)

Analysts comment latest CPI print, give outlook.

Consumer prices just would not rise in Hungary

Fuel prices are seen as main drag on December inflation.

     
     
Macro Snapshot
General government balance (monthly, bn HUF)16-03-140,8 mrd Ft
PMI16-1252.2 pont
Current account balance (m EUR)15Q31599.4 m euró
Interest rate on forint-based consumer credit (APR)15-1216.9 %
GDP growth (yr/yr, adjusted for calendar impact)16Q3+2.0 %
Inflation (annual consumer price index)16-111.1 %
Infláció (medium-term target)08-083.0 %
Industrial production (working day adjusted, yr/yr)16-07-0.1 %
Benchmark interest rate16-120.90 %
Retail sales (yr/yr, adjusted for calendar impact)16-05+5.7 %
Foreign trade balance (m EUR)16-05+755 m euró
Interest rate on fixed HUF household deposits (within 12 months, annualised)15-120 %
Unemployment rate (average of 3 months before publication)16-104.7 %
Corporate forint lending rate - short term15-124.1 %
Views and Interviews

EU could split in two - What would happen to Hungary then?

Tensions are mounting.

Bitcoin is a bubble, but it's okay - Nobel Prize Laureate

Thomas J. Sargent interview with Portfolio.

A German worker earns five times as much as a Hungarian - Orbán

The plant is the same, only the host country is different.