Tag: inflation

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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.... 

Hungary 3.1% November CPI shocks analysts (2)

December 11, 2018, 9:53 am
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 (KSH) said on Tuesday. Analysts anticipated a 3.4%... 

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

December 10, 2018, 4:44 pm
After Hungary’s annual inflation accelerated close to a six-year high in October 2018, consumer prices rose at a less drastic pace in November, mainly due to a sharp fall in oil prices, analysts... 

Hungary's massive growth surprised everyone, but peak has been reached

November 23, 2018, 4:20 pm
It surprised everyone how robust the performance of the Hungarian economy was in the third quarter, but this rate is unsustainable therefore we should be prepared for a major slowdown next year and in... 

Inflation hurts more and more - Will it kill Hungary's wage boom?

November 22, 2018, 9:03 am
Wages continued to rise rapidly in Hungary in September, driven by the hike to the minimum wage and by labour shortage. However, accelerating inflation has dampened the growth of real wages. Wages in... 

Hungary cenbank expects drop in inflation due to fall in fuel prices

November 20, 2018, 3:48 pm
The Monetary Council of the National Bank of Hungary (MNB) has acknowledged in its official post-meeting statement on Tuesday that the measures of underlying inflation rose, but it expects the annual consumer... 

Hungary cenbank leaves monetary conditions on hold

November 20, 2018, 2:00 pm
The Monetary Council of the National Bank of Hungary (MNB) has not changed either the base rate, or the ends of the interest rate corridor at its monthly policy meeting on Tuesday, as expected. The 3-month... 

We'll learn this week how the Hungarian economy fared in Q3

November 12, 2018, 8:03 am
The key macroeconomic release this week in Hungary is undoubtedly that of the third-quarter GDP data, plus there’s the central bank’s (MNB) statistical balance sheet, and several important... 

EU sees higher growth in Hungary in 2018, 2019, slowdown afterwards

November 8, 2018, 2:20 pm
The European Commission has revised its 2018 GDP growth estimate for Hungary to 4.3% in its Autumn Forecasts from 4.0% projected in the spring. The EC has also turned more upbeat about the country’s... 

Hungary's inflation accelerates to almost 6-year high in October

November 8, 2018, 9:00 am
Consumer prices grew by 3.8% year on year in Hungary in October 2018, the Central Statistical Office (KSH) reported on Thursday. We have not seen a higher CPI print for almost six years. Analysts polled... 

Morgan Stanley warns Hungary inflation could be more than 4% in 2019

October 19, 2018, 6:38 pm
Financial analysts at London-based Morgan Stanley forecast inflation in Hungary to rise above 4% year-on-year for a short period next year due to high global crude oil prices. The comprehensive study... 
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