540 result(s) for price inflation
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Consumer Prices In Hungary Fall By 0.4% In Sept
- 8 Oct 2015 6:00 AM
- shopping
Consumer prices in Hungary fell by an annual 0.4% in September, the Central Statistical Office said. Prices fell at a faster pace than the 0.1% drop estimated by analysts in London. In August, the annual CPI was zero. In a month-on-month comparison, prices dropped by 0.6% in September. Seasonally-adjusted core inflation, which excludes volatile food and fuel prices, was 1.3%.
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 ...
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 ...
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Industry Associations In Hungary Call For Further Consultations On Ad Tax
- 7 May 2015 9:00 AM
- business
Industry associations continue to call for consultations on the tax on advertisements, asking the government to consider abolishing the tax due to its detrimental effect on the economy, the Hungarian Advertising Association said. In consent with another nine organisations, the association said the planned amendment to the ad tax would curb growth opportunities for micro- and small businesses and ...
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
Hungary 1% Negative Inflation In Feb
- 11 Mar 2015 8:00 AM
- shopping
Consumer prices in Hungary fell by an annual 1% in February after a drop of 1.4% in January, the Central Statistical Office (KSH) said. Emerging market analysts in London had forecast the February decline at 1.2-1.4%. In a month-on-month comparison, the headline consumer price index rose by 0.5% in February, price growth seen for the first time since mid-2014.
No Fuel Price Pass - Through But Hungarian Govt Plans No Intervention
- 17 Feb 2015 2:50 AM
- shopping
The economy ministry does not plan any intervention in market fuel prices because inflation is expected to remain low for the whole year, the ministry said, responding to a query by MTI.
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
Consumer Prices In Hungary Fall By 0.4% In Sept
- 8 Oct 2015 6:00 AM
- shopping
Consumer prices in Hungary fell by an annual 0.4% in September, the Central Statistical Office said. Prices fell at a faster pace than the 0.1% drop estimated by analysts in London. In August, the annual CPI was zero. In a month-on-month comparison, prices dropped by 0.6% in September. Seasonally-adjusted core inflation, which excludes volatile food and fuel prices, was 1.3%.
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 ...
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 ...
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Industry Associations In Hungary Call For Further Consultations On Ad Tax
- 7 May 2015 9:00 AM
- business
Industry associations continue to call for consultations on the tax on advertisements, asking the government to consider abolishing the tax due to its detrimental effect on the economy, the Hungarian Advertising Association said. In consent with another nine organisations, the association said the planned amendment to the ad tax would curb growth opportunities for micro- and small businesses and ...
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
Hungary 1% Negative Inflation In Feb
- 11 Mar 2015 8:00 AM
- shopping
Consumer prices in Hungary fell by an annual 1% in February after a drop of 1.4% in January, the Central Statistical Office (KSH) said. Emerging market analysts in London had forecast the February decline at 1.2-1.4%. In a month-on-month comparison, the headline consumer price index rose by 0.5% in February, price growth seen for the first time since mid-2014.
No Fuel Price Pass - Through But Hungarian Govt Plans No Intervention
- 17 Feb 2015 2:50 AM
- shopping
The economy ministry does not plan any intervention in market fuel prices because inflation is expected to remain low for the whole year, the ministry said, responding to a query by MTI.