Economy

Personal loans - Are Hungarians playing with fire?

Number of risk-takers on the rise. 

Financial awareness of Hungarians still lacking, central bank survey finds

Nearly half believe loan interest rates are now higher than five years ago.

Hungarians turn more upbeat in May

GKI economic sentiment index shows improvement.

European parliamentary election results out

EPP loses seats but wins.

What was behind Hungary's outstanding growth? We'll find out this week

We should be concerned about the forint too.

New details revealed about Hungary's new 'super bond'

It's a most lucrative investment.

The moment of truth arrives: Hungarian banks on the Wall of Shame

Some delinquent mortgage debtors cannot be helped even by real estate market boom.

Forget everything you knew about Hungary's gravest problem

Here are the actual figures!

Petrol price to be raised in Hungary again

On Friday.

Hungary looking at HUF 400 billion financial penalty - at least

Hungarian authorities bargain in Brussels.

Hungary's FinMin urges test run of instant payment system

Instead of going live on 1 July.

Hungarian tax plans leaked - Car purchases face changes

The goal is to reduce average age of cars faster.

Hungary FinMin hints at major tax reduction plans

VAT may be affected.

Council adopts new rules on ban of single-use plastics

To reduce marine plastic litter.

Preparations for BMW plant in full swing - Foreign Minister

One billion euro project remains on track despite German automotive sector problems.

Hungary is warned again: without action there could be trouble

Not the first red flag.
Commentary

It would take a brutal crisis to tame Hungary this year

Growth cannot be dampened that much in any case.

Three things may force Hungarian cenbank to turn around

One of them is EUR/HUF north of 330.

Hungary's economic growth seen sky-high in January-March

Analysts believe robust growth continued.

     
     
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

The harmful addiction that claimed the lives of almost 1 mn people in Hungary

Every year, we lose the equivalent of the population of a small town because of smoking, which is a major demographic problem for a country naturally decreasing... 

Hungary is still facing serious risks even after upgrade - S&P

The analyst who upgraded Hungary gives interview to Portfolio.

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

In radio interview.