MNI BRIEF: Japan Q3 Capex Up Q/Q; GDP Revised Lower

MNI: Canada Apr-Sept Budget Deficit Widens On Spending

CANADA'S TRUDEAU: I CONTINUE TO HAVE GOOD TALKS WITH TRUMP

MNI BRIEF: PBOC Added Outright Repo For Ample Lqdty In Nov

MNI China Daily Summary: Friday, November 29

MNI BRIEF: China Extends U.S. Import Tariff Exemption List

MNI: AUSTRALIA Q3 BIZ INDICATORS INVENTORIES -0.9%

MNI: AUSTRALIA OCT BUILDING APPROVALS +4.2% M/M, +6.1% Y/Y

MNI: AUSTRALIA NOV DWELLING APPROVALS +4.2% M/M

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Consumer Prices Rise 21.5% y/y (Est: 22.3%)

HUNGARY
  • Hungary’s consumer prices rose a lower-than-expected 21.5% y/y in May (Est: +22.3%) versus 24.0% in April with the core figure seen declining 0.4% (Est: 0.5%; Prior: 0.7%). Core inflation crossed at 22.8%. Food prices rose 33.5%, decelerating from 37.9% prior, while household energy prices increased 37.2%.
  • Hungary's preliminary trade surplus narrowed to EUR308m in April from EUR886m in March, data released this morning showed. Exports rose by an annual 3.4%, while imports were down 4.0%.
  • "Reaching single-digit inflation by the end of the year could mean that central bank interest rates could also be single-digit by the spring of 2024," Minister of Economic Development Marton Nagy said in an interview to local news site vg.hu. He added that the 2024 budget was tight due to surging debt service costs.
  • Prime Minister Viktor Orban called a meeting of the Defence Council early Thursday amid an escalation in the war in Ukraine, the PM's press chief said as per MTI. "Although a ceasefire and peace would be the most important for Hungary, escalating battles are underway in the Ukrainian-Russian war... Hungary's security remains the priority for us," Orban stressed at the meeting.
  • Budget balance data is on the docket later today (1000BST/1100CET).
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.