Hungary
Economy
Hungarian industrial production contracted by a shocking 27.1% y-o-y in April, compared to a reduction of only 15.6% in March, although the Central Statistical Office points out that...
2009-06-25Economy
Hungarian inflation is likely to remain above-target in the short term as the global commodities bounce remains in play, and this is in turn likely to tie the hands of the National...
2009-06-18Economy
Hungarian unemployment rose to 9.9% in February-April, from 9.7% in January-March and 7.7% during the same period of 2008. Unemployment has now increased by 2.4 percentage points...
2009-05-29Economy
The Hungarian foreign ministry is finalising plans to reduce the size of the country's overseas diplomatic network as a cost-saving measure. Foreign Minister Peter Balasz told local...
2009-05-29Economy
There are mounting downside risks to our end-2009 Hungarian base rate forecast of 10.00%. That said, we hold to our core view for monetary tightening by end-year, given the inflationary...
2009-05-27Economy
Hungarian conservative opposition party Fidesz registered 70% support amongst decided voters in an April poll conducted by Median, compared to only 18% for the governing centre-left...
2009-05-05Economy
Hungarian industrial production continues to collapse, registering a 28.9% y-o-y contraction in March, compared to a 22.9% fall in February (25.4% versus 21.0% in seasonally-adjusted...
2009-05-05Economy
The details of Hungary's planned fiscal austerity package are encouraging, as they show large and extensive reductions in state spending and the tax burden on employment, both of...
2009-04-22Economy
The National Bank of Hungary (NBH) is likely to hold its key base rate at 9.50% in the short term and hike it slightly to 10.00% by end-2009, as forint weakness poses a risk of...
2009-04-21Economy
On March 21, Hungarian Prime Minister Ferenc Gyurcsany announced that he will stand down from his post in April, citing a growing belief in parliament that he is an obstacle to the...
2009-03-31



