Hungary
Economy
Hungarian inflation fell to 3.0% y-o-y in February from 3.1% in January. The principal driver of the slight slowdown was the utilities component, with price growth of 'housing, electricity,...
2009-03-30Economy
Hungary's economy is set to contract by 6.4% in real terms in 2009 - the worst recession since the country's 1991 transition to market capitalism - as foreign capital inflows, exports...
2009-03-20Economy
Hungarian industrial production contracted by a staggering 23.3% y-o-y in December, by far the worst outturn recorded in Hungarian Central Statistical Office figures dating back to...
2009-03-02Economy
The risks of the National Bank of Hungary (NBH) cutting short or even reversing its recent monetary easing are mounting, as forint depreciation threatens both the banking sector...
2009-02-26Economy
Hungarian inflation slowed to 3.5% y-o-y in December from 4.2% in November. The principal driver of the disinflation was the transport component, where prices contracted by 3.6%...
2009-01-30Economy
Hungary's current account deficit is set to contract in 2009, as the recession and declining capital inflows cause imports to fall faster than exports. We caution, however, that even...
2009-01-14Economy
Hungarian industrial output contracted by 7.2% y-o-y in October, the third consecutive month of negative industrial growth. This further confirms our view that the recession in the...
2009-01-05Economy
Pressure in the Hungarian gas supply network fell to 45 bars on January 2 as a result of Russia's January 1 supply cut-off to Ukraine, through which a large proportion of Hungary's...
2009-01-05Economy
The successful passage of the 2009 budget leaves the Hungarian Socialist government politically strengthened, and we expect it to survive through 2009 on the back of de facto support...
2008-12-16Economy
We expect the National Bank of Hungary to pursue further monetary easing, with a base rate of 7.50% forecast for end-2009. This will be driven by a combination of exchange rate...
2008-12-09



