148 result(s) for analysts in Business
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
Fitch Affirms Hungary’s Junk Rating; Outlook Positive
- 23 Nov 2015 8:00 AM
- business
Fitch Ratings affirmed Hungary’s “BB plus” sovereign credit rating, one notch under investment grade, with “positive” outlook, in a scheduled review Friday evening. Earlier most analysts expected an upgrade to “BBB minus”, the bottom of investment grade, but Hungary’s Economy Minister Mihály Varga played down the chance for “a major change” in a Friday morning television interview.
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
BrandFestival, Budapest, 1 - 2 October
- 14 Sep 2015 12:00 PM
- business
BrandFestival is one of the most significant strategic conferences and regular professional summits in Central-Europe. The topics are organized around corporate strategy and communication challenges. Top executives who shape the future as well as major actors of the economic life and communications industry share their experiences about strategy development, branding and sales.
BrandFestival ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Jobless Rate In Hungary Falls To 6.9%
- 30 Jul 2015 9:00 AM
- business
A 23-year record high employment rate was recorded in April-June this year combined with a ten-year jobless low. The three-month rolling jobless rate was 6.9% in April-June, down from 7.1% in March-May, the Central Statistics Office (KSH) said. The April- June jobless rate was down from 8.1% in the same period a year earlier. The number of unemployed averaged 310,400 in April-June.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Hungarian Analysts See Continued Easing On Ties
- 23 Jun 2015 9:00 AM
- business
Hungarian analysts expect the National Bank of Hungary to continue an easing cycle at a steady pace at a policy meeting. K and H chief analyst Dávid Németh said the central bank’s Monetary Council would probably reduce the base rate by 15 basis points to 1.50%. The cut is likely to be the last of the cycle on the chance that inflation rises faster than expected and reaches the NBH’s mid-term ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
Fitch Affirms Hungary’s Junk Rating; Outlook Positive
- 23 Nov 2015 8:00 AM
- business
Fitch Ratings affirmed Hungary’s “BB plus” sovereign credit rating, one notch under investment grade, with “positive” outlook, in a scheduled review Friday evening. Earlier most analysts expected an upgrade to “BBB minus”, the bottom of investment grade, but Hungary’s Economy Minister Mihály Varga played down the chance for “a major change” in a Friday morning television interview.
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
BrandFestival, Budapest, 1 - 2 October
- 14 Sep 2015 12:00 PM
- business
BrandFestival is one of the most significant strategic conferences and regular professional summits in Central-Europe. The topics are organized around corporate strategy and communication challenges. Top executives who shape the future as well as major actors of the economic life and communications industry share their experiences about strategy development, branding and sales.
BrandFestival ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Jobless Rate In Hungary Falls To 6.9%
- 30 Jul 2015 9:00 AM
- business
A 23-year record high employment rate was recorded in April-June this year combined with a ten-year jobless low. The three-month rolling jobless rate was 6.9% in April-June, down from 7.1% in March-May, the Central Statistics Office (KSH) said. The April- June jobless rate was down from 8.1% in the same period a year earlier. The number of unemployed averaged 310,400 in April-June.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Hungarian Analysts See Continued Easing On Ties
- 23 Jun 2015 9:00 AM
- business
Hungarian analysts expect the National Bank of Hungary to continue an easing cycle at a steady pace at a policy meeting. K and H chief analyst Dávid Németh said the central bank’s Monetary Council would probably reduce the base rate by 15 basis points to 1.50%. The cut is likely to be the last of the cycle on the chance that inflation rises faster than expected and reaches the NBH’s mid-term ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...