MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Finance Minister Warns Against Complacency in Fight Against Inflation

HUNGARY
  • Hungary's GKI economic sentiment rose to -10.8 in January from a revised -13.1 in December, according to the GKI Economic Research. That is its highest level since July 2022. Business confidence fell to -8 from -6.9, while consumer confidence rose to -19 from a revised -30.7.
  • Speaking in an interview to Vilaggazdasag newspaper over the weekend, Finance Minister Varga warned against complacency as inflation declines. “A slight global market swing or other imbalance may still push Hungarian inflation to unpleasant heights,” the minister said. The comments contradict those from Prime Minister Orban on Friday, who said the rate of inflation resurging was “minimal” and called for the central bank to help growth by lowering interest rates.
  • Foreign Minister Szijjarto will attend an EU meeting focused on longer-term security commitments and military support to Ukraine. There are no major data releases on the docket today, with average wage and unemployment rate data the highlights later in the week.
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.