JP Morgan cuts GDP forecast for Hungary, CEE

Hungary's economy, along with its Central and Eastern European peers, is facing a slowdown in the combined headwind of a struggling eurozone and the Ukraine-Russia crisis, London-based emerging markets economists said yesterday.
EconomyTuesday, 09:00, October 28, 2014 Read more

Wizz Air to enter London Stock Exchange

Seeking better financial opportunities, Wizz Air has decided to list shares. Low-cost airline Wizz Air is not in need of external financing, CEO József Váradi said after the company expressed intention to list shares on the London Stock Exchange.
BusinessThursday, 12:45, May 22, 2014 Read more

MNB sets base rate at 2.50%; last cut in easing cycle?

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 10 bp to 2.50% at a meeting on Tuesday, in line with market expectations – and possibly reflective of predictions from economists that the easing cycle may finally be over... 
EconomyTuesday, 14:30, April 29, 2014 Read more

Analysts: Hungary CPI to accelerate despite soft March data

Hungary's consumer inflation is set to jump higher later this year on the back of base effects stemming from the previous utility price cuts, London-based emerging markets economists said after softer-than-expected CPI data for March had been released on Friday...
EconomyMonday, 09:30, April 14, 2014 Read more

Dep. gov. reiterates need for MNB to reassess easing

MNB rate-setters will have to “reassess” the continued easing and concomitant lowering of its base rate in light of the changing situation on global financial markets and in Ukraine, MNB deputy governor Ádám Balog stated today, echoing comments by Gyula Pleschinger earlier this week...
EconomyThursday, 11:30, March 13, 2014 Read more

Analysts: MNB to cut 20 bp, may not stop easing at 3%

Hungary's central bank is all but certain to carry out another 20 bp interest rate cut this week and is increasingly likely to bring its policy rate below 3% by the end of its current easing cycle, London-based emerging markets analysts agreed yesterday...
EconomyTuesday, 08:20, November 26, 2013 Read more

JP Morgan upgrades Hungary growth forecast

JP Morgan has significantly upgraded its forecast for Hungary’s GDP growth on the back of a robust auto sector and the simultaneous fiscal and monetary easing. Analysis noted that Hungary's Q3 GDP results were “considerably stronger than our initial forecast of 1.5%...”
EconomyMonday, 11:00, November 11, 2013 Read more

London analysts see Hungary easing cycle reaching 3.25% by year-end

The National Bank of Hungary's easing cycle could bring the base rate to 3.25% by the end of this year from 4.75% at present, emerging market analysts at JP Morgan's office in London said in a fresh forecast.
EconomyWednesday, 15:15, May 22, 2013 Read more

Hungary Nov CPI to drop sharply on fuels, base effects, says City

Hungary's headline consumer inflation is likely to have dropped sharply last month on the back of falling fuel prices and strong base effects, London-based emerging markets analysts said ahead of Tuesday's data release.
EconomyMonday, 15:25, December 10, 2012 Read more

Hungary CPI likely "surged and peaked" last month, says City

The expected uptick is likely to have come on account of higher global commodity prices.
EconomyMonday, 11:45, October 8, 2012 Read more

Hungary CPI profile seen lower after downside May surprise, says City

The major downside surprise in Hungary's consumer inflation data for May has shifted the inflation profile for the second half of this year lower, widening the scope for monetary easing, but the central bank is likely to wait for a new IMF/EU deal before embarking on a rate cutting cycle, London-based emerging markets anlysts said after much lower-than-expected CPI figures for May had been released on Tuesday.
EconomyWednesday, 06:40, June 13, 2012 Read more

Hungary CPI likely down on strong base effects

Forecasts vary in a narrow range from 5.4% to 5.6%.

EconomyTuesday, 17:25, April 10, 2012 Read more

Hungary cohesion fund freeze unlikely, says City

The suspension of EU cohesion fund disbursements is "far from being a done deal and, in our view, is still unlikely", according to London-based JP Morgan.
EconomyWednesday, 13:25, February 22, 2012 Read more

Hungary base rate 'near peak', says City

Hungary’s central bank is likely to remain biased to tighten until the IMF/EU deal is reached, but its policy rate is now close to peaking, London-based emerging markets economists said.
EconomyMonday, 17:45, January 30, 2012 Read more

CPI to accelerate after soft Dec figures but MNB is driven by risks, says City

Hungary’s consumer inflation is likely to accelerate after the considerably south-of-consensus 4.1% year-on-year headline rate last month, but monetary policy moves will continue to be driven by the risk environment, London-based emerging markets analysts said after CPI figures for December had been released on Friday.
EconomyFriday, 18:30, January 13, 2012 Read more

Further rates moves driven by IMF talks, says City

Further interest rate moves by Hungary’s central bank will predominantly be driven by how talks with the IMF and the EU over a potential credit line will progress, London-based emerging markets analysts said after the MNB announced a widely anticipated 50bps rate hike on Tuesday.
EconomyWednesday, 09:35, December 21, 2011 Read more

50bps rate hike is "most likely", says City

A 50bps interest rate hike is the most likely outcome at the rate-setting meeting of Hungary’s Monetary Council on Tuesday, with a smaller chance of a "more decisive" step of a 200bps hike also on the cards, London-based emerging markets economists said on Monday.
EconomyTuesday, 07:00, November 29, 2011 Read more

IMF deal could please investors, signal end to unorthodox policies

Foreign investors want to see an agreement Hungary could reach with the International Monetary Fund signal a return to more orthodox economic policy, Dan Morris, global strategist for J.P. Morgan Asset Management, told MTI after a Citibank roundtable talk on Thursday.
FinanceFriday, 09:25, November 25, 2011 Read more

JP Morgan launches investment funds in Hungary

FinanceThursday, 17:20, November 24, 2011 Read more

City analysts put Hungary October CPI at 3.4%-3.8%

Emerging market analysts and economists in London estimate consumer prices in Hungary rose 3.4-3.8% in October from the same month a year earlier.
EconomyThursday, 13:35, November 10, 2011 Read more