68 result(s) for inflation forecasts
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
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 ...
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
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 ...
EC Forecasts Hungary Growth Slowing, Smaller Deficit
- 5 Feb 2015 2:00 AM
- business
Hungary’s economic growth is forecast to slow down in 2015 and in 2016 while its 2014 budget deficit is likely to be lower than the target, the European Commission said in its winter forecast.
Századvég Forecasts 3.3% Growth This Year In Hungary
- 22 Sep 2014 9:00 AM
- business
Hungary’s economy will grow by 3.3% this year and by 2.4% in the next, thinktank Századvég told MTI. Investments, especially in vehicle making, will boost growth this year, and domestic consumption in 2015, while technical factors and the phasing out of the National Bank of Hungary’s credit for growth scheme will slow down the economy in 2015.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
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 ...
City: Hungary Could Return To Investment Grade In 2016
- 1 Dec 2015 8:00 AM
- current affairs
Hungary is set to regain investment grade status next year, and the central bank is likely to embark on a new rate cutting cycle, London-based emerging markets economists said. In a report outlining its revised 2016 forecasts for emerging markets, released to clients in London, Morgan Stanley said that “credit upgrades are overdue” and Hungary will regain its investment grade rating with at least ...
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 ...
EC Forecasts Hungary Growth Slowing, Smaller Deficit
- 5 Feb 2015 2:00 AM
- business
Hungary’s economic growth is forecast to slow down in 2015 and in 2016 while its 2014 budget deficit is likely to be lower than the target, the European Commission said in its winter forecast.
Századvég Forecasts 3.3% Growth This Year In Hungary
- 22 Sep 2014 9:00 AM
- business
Hungary’s economy will grow by 3.3% this year and by 2.4% in the next, thinktank Századvég told MTI. Investments, especially in vehicle making, will boost growth this year, and domestic consumption in 2015, while technical factors and the phasing out of the National Bank of Hungary’s credit for growth scheme will slow down the economy in 2015.
National Bank Of Hungary: Another 10bp Rate-Cut Seen Likely
- 25 Jun 2014 9:00 AM
- business
Rate setters of the (NBH) are all but certain to slash the base rate by another 10 basis points at their next meeting, and the economy’s inflation indicators and external risk environment provides scope for more easing, London-based analysts said ahead of Tuesday’s rate-setting meeting. The expected 10-basis-point cut would bring the rate to 2.3%.
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.