Tag: inflation

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Hungary's inflation breaks decade-long records, critical level reached

March 8, 2019, 1:29 pm
Hungary’s core inflation adjusted for the effects of indirect taxes, a key metric for the National Bank of Hungary (MNB) grew to a ten-year high of 3.2% in February from 3.0% in January. The other... 

Hungary February CPI surprises to the upside, cenbank needs to act

March 8, 2019, 9:00 am
Consumer prices rose 3.1% year on year in February 2019, the Central Statistical Office (KSH) reported on Friday. Analysts polled by Portfolio projected a 2.9% headline figure so the actual data is a surprise... 

Crucial data bound to trigger policy U-turn to be released in Hungary

March 7, 2019, 12:01 pm
Several analysts polled by Portfolio expect Hungary’s core inflation excluding indirect taxes, a key metric for the National Bank of Hungary (MNB) to show further rise in February. Due to a mounting... 

Inflation and forint in focus in Hungary this week

March 4, 2019, 8:18 am
A relatively calm and eventless week is ahead of us. In Hungary, the key release will be that of the latest inflation data on Friday, while elsewhere the focus is on the European Central Bank’s (ECB)... 

Hungary central bank delivers rate decision

February 26, 2019, 2:00 pm
In line with the market’s call, the Monetary Council of Hungary’s central bank (MNB) has not changed interest rates at its monthly policy meeting on Tuesday. The rate-setters have not even... 

Hungary cenbank could tighten monetary conditions as early as March

February 13, 2019, 10:18 am
Hungary’s January headline CPI was stable at 2.7% year on year, but this masked an underlying uptrend. The downside came mainly from non-core items, while this was offset by lower fuel and food readings.... 

Hungary inflation reaches critical level, c.bank needs to act shortly

February 12, 2019, 11:47 am
Whereas Hungary’s headline inflation remained flat at 2.7% year on year in January 2019, the central bank’s (MNB) measures of underlying inflation developments suggest that demand-side inflation... 

Hungary January CPI flat, but there's a surprise

February 12, 2019, 10:01 am
Consumer prices in Hungary rose by 2.7% year on year in January 2019, the Central Statistical Office (KSH) reported on Tuesday. This matches the consensus forecast of analysts in a Portfolio poll therefore... 

Hungary will lay its cards on the table at last

February 11, 2019, 6:00 am
Fourth-quarter GDP figures will be in focus this week without a doubt. The first growth estimates for October-December 2018 are coming out in Europe, including Hungary. Crucial inflation data are also... 

EU sees much slower growth in Hungary in 2019 than cabinet

February 7, 2019, 11:52 am
Whereas the European Commission retained its upwardly revised (Nov18) 2019 GDP growth estimate for Hungary (to 3.4% from 3.2% previously), the new projection is still greatly behind the Hungarian government’s... 

INSTANT VIEW - Hungary's inflation drops, but price pressure mounts

January 15, 2019, 2:50 pm
Hungary’s headline inflation decelerated to 2.7% in December 2018, in line with expectations, but core inflation picked up to 2.8% yr/yr from 2.6%. Here’s what analysts think of what happened... 

Has price pressure really abated in Hungary?

January 15, 2019, 12:16 pm
Inflation in Hungary decelerated further in December 2018, at least according to the headline figure published by the Central Statistical Office (KSH) on Tuesday. Meanwhile, the central bank’s (MNB)... 

Hungary's inflation decelerates in December

January 15, 2019, 9:00 am
Consumer prices in Hungary rose by 2.7% year on year in December 2018, the Central Statistical Office (KSH) reported on Tuesday. This marks a 0.4 percentage point deceleration compared to November, and... 

Hungary expects higher growth, lower deficit this year

December 21, 2018, 4:31 pm
The government's latest calculations indicate GDP growth could be 4.6% this year, exceeding expectations, the Finance Ministry said in a statement on Friday. The budget deficit will likely remain below... 

Hungary wage explosion keeps up amidst painful inflation

December 20, 2018, 9:29 am
Salaries in the private sector grew more than 11% year-on-year in October, with wage growth in the entire economy not far behind, but the growth of real wages is slowing as inflation rises. Earnings... 

Hungary central bank expects faster growth in 2018, lower inflation in 2019

December 18, 2018, 3:50 pm
GDP growth in 2018 could reach 4.7%, the National Bank of Hungary (MNB) said in its quarterly inflation report on Tuesday. The figure had been adjusted from a 4.4 % forecast made in September following... 

Hungary central bank explains rate decision - coming months key

December 18, 2018, 3:24 pm
Core inflation is likely to continue to rise in the coming quarters, which the Council will assess in terms of the sustainable achievement of the inflation target, the Monetary Council of the National... 

All eyes on the central bank in Hungary

December 17, 2018, 5:24 pm
As a result of the deceleration of inflation in November as well as global developments, the National Bank of Hungary (MNB) is not forced to take any step towards monetary tightening just yet therefore... 

Hungarian pensioners dissatisfied - Are they really paid so little?

December 14, 2018, 3:55 pm
The Hungarian Pensioners’ National Representation (NYOK) is asking Prime Minister Viktor Orbán to revisit the 2.7% pension raise planned for 2019, arguing that the recognition of the elderly population... 

Kopint-Tárki projects more robust economic growth for Hungary for 2018

December 13, 2018, 2:03 pm
Local think tank Kopint-Tárki has raised its growth estimate for Hungary to 4.8% for 2018, a raise of 0.2 percentage points compared to the previous projection made in October, announced Kopint-Tárki Zrt.... 
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