Economy

Hungary 3.1% November CPI shocks analysts (2)

Consumer prices in Hungary were 3.1% higher on average in November 2018 than a year earlier, down from 3.8% in October, the Central Statistical Office... 

Hungary PM insists 'slavery bill' is in workers' interests

The government will not withdraw its proposed amendment to the Labour Code as it serves the interest... 

Low demand, higher yields at Hungary T-bill auction

The Government Debt Management Agency (ÁKK) managed to sell only HUF 48 bn of the originally planned... 

Hungary agriculture output up 3.1% in 2018

The volume of output of agriculture grew by 3.1% in 2018, the Central Statistical Office (KSH) said on... 

Huge turnaround in Hungary: CPI has not done this for eight months

Analysts see CPI turning down from 6-year high.

Fate of Brexit to be decided this week

EUR/USD could be affected by ECB policy meeting.

Clouds are gathering over Hungary's banking sector

Profits dwindle despite increased lending.

Hungary's Orbán makes "confession" about wage hike plans

In radio interview.

Planned wage hikes seen upsetting Hungary's budget in 2020

OTP analysts look at possible fiscal impacts.

Moody's says Hungary's credit profile balances robust growth

If only that still-elevated public debt was not there...

Hungarian budget helped out by EU transfers

In November 2018.

Hungary Supreme Court makes critical announcement

Turnaround in FX mortgages saga.

Hungary's exports increase markedly in October

Imports grow even more, though.

Hungary to sign strategic agreement with Tungsram

Government decree published.

No agreement on minimum wage hike in Hungary

The ball's in the government's court.

Hungarian government bonds as popular as ever, yields plummet

Issuer sells HUF 20 billion more than planned.
Commentary

Huge turnaround in Hungary: CPI has not done this for eight months

Analysts see CPI turning down from 6-year high.

Planned wage hikes seen upsetting Hungary's budget in 2020

OTP analysts look at possible fiscal impacts.

Moody's says Hungary's credit profile balances robust growth

If only that still-elevated public debt was not there...

     
     
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