The outlook among the 60 analysts questioned was worse only for Croatia.

Inflation expectations have fallen in the region as well as in Hungary.

Despite these tendencies, 44% of analysts expected rising inflation.

There is a shift regarding the long-term policies of the National Bank, as 48% expect the MNB to raise rates in the longer term, compared with 27.3% in December.

Analysts outlook for the forint also deteriorated and is now worse than for any other regional currency.

Only a minority of 18.6% expect the forint to strengthen in the next six months, down from 22.7% in December.

Four out of ten analysts expect the forint to be weaker by the end of the year, and 40% expect little change.

The analysts were more optimistic about the BUX index, with 58.3% forecasting a rise.

Source: Hungary Around the Clock

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