Tag: instant

(Adds comment by Citi, Nomura on page3) According to the flash estimate the Hungarian economy contracted by 0.7% year on year in Q1 2012, below market consensus (-0.4%), while the working-day-adjusted... 

Hungary’s consumer price index picked up to 5.7% yr/yr in April from 5.5% in March, beating the market’s call (5.5%). The upside surprise has been partly driven by fuel prices but core price... 

The replacement of Hungary’s chief aid negotiator announced by Prime Minister Viktor Orbán on Friday will be seen as a positive, commented Timothy Ash, economist at the Royal Bank of Scotland in... 

The Hungarian government has on Wednesday approved the tax measures which were included in the Convergence Programme (or the Széll Kálmán Plan 2.0 - published on 23 April). In 2010 the government introduced... 

Hungary’s preliminary March industrial production figures published on Tuesday surprised to the downside. According to the Central Statistics Office (KSH), the yr/yr working-day adjusted figure showed... 

(Adds comment by CIB, Citi, UniCredit) Hungary’s inflation eased in March to 5.5% year on year from 5.9% in February, in line with the consensus estimate of analysts in a Portfolio.hu poll. 2012.04.11... 

(Adds comment by Erste, Citi, Raiffeisen) The Monetary Council of Hungary’s central bank (NBH) has left the base rate unchanged at its monthly policy meeting on Tuesday. The benchmark rate has been... 

Hungary’s industrial production increased by 2.1% month on month in January 2012, according to preliminary data adjusted seasonally and by working days, following a 7.3%% contraction in December... 

(Extends comment by Erste, adds comment by Citi, Goldman Sachs, RBS) Hungary’s central bank (NBH) has on Tuesday left its key policy rate unchanged at 7.00%. The rate call is the same as in January... 

U.S. Forest Laboratories and Hungary’s Gedeon Richter Plc. Announced on Tuesday morning positive topline results in two Phase III clinical trials of cariprazine (RGH-188) for the treatment of acute... 

(Adds comment by Citi Gross wages of full-time employees in Hungary rose by 10.1% year on year in December 2011, up from +6.1% in Nov, and the rise in net wages also picked up to 11.4% yr/yr from 7.9%.... 

Hungary's central bank (NBH) will stand ready to offset the recent weakening in banks’ capacity to lend by introducing a two-year collateralised credit facility, a new universal mortgage bond purchase... 

(Adds comment by Concorde) The Hungarian economy grew by 1.4% year on year in the fourth quarter of 2011, unchanged from Q3 and more than the market expected (0.8% in a Portfolio.hu poll). According... 

(Adds comment by Erste, Citi) Hungary’s consumer price index leaped to 5.5% yr/yr in January, up from 4.1% yr/yr in December 2011 as the VAT hike (to 27% from 25%) kicked in. The consensus forecast... 

(Adds new comments on page 3 and 4) Against the market’s call for a 50-bp hike, the Monetary Council of the National Bank of Hungary (NBH) has kept the base rate on hold at 7.00% on Tuesday, breaking... 

(Adds comment by Goldman Sachs) Hungary’s consumer prices grew by 4.1% year on year in December 2011, less than in Nov (4.3%), primarily thanks to a smaller rise in fuel prices and pre-Christmas... 

(Adds comment by Nomura on page2) The National Bank of Hungary (NBH) has on Tuesday raised its benchmark interest rate to 7.00% from 6.50%, as widely expected. The key focus in Hungarian news is last... 

EU Commissioner Olli Rehn has interrupted talks with Hungarian authorities in close co-ordination with the IMF on Friday. The reason why the delegations have walked away before their scheduled departure... 

(Adds comment by 4Cast) Hungary’s industrial production decreased by swda 0.9% month and month in October, down from an increase of 3.9% in September. The yr/yr growth figure remained unchanged... 

(Adds comment by HSBC on page3) Hungary’s central bank (NBH) has raised its key policy rate by 50 basis points to 6.50% on Tuesday, in line with expectations. The majority of the market was expecting...