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- Covid daily new cases continue to decrease with the 7D SMA falling below 900 (lowest level since early October), down from 9,300 (March 26 high) and from 1,200 the previous week. The number of people who received at least one dose of the Covid vaccines surpassed 4.6mil this week (46% of the population).
- Yesterday, NBH deputy governor Barnabas Virag mentioned in a briefing that inflation risks have risen and that the central bank should prepare for rate hike to curb inflationary pressures; June CPI will be 'key' in policy turn.
- This morning, economic data showed that GDP growth fell 2.3% YoY in the first quarter, which was slightly better than the -3.8% expected.