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HUNGARY: NBH to Present Inflation Report, Szijjarto Meets Russia’s Lavrov

HUNGARY
CEEMEAEM BulletBulletGlobalEmerging Market NewsHungaryRegion
  • The central bank will present its latest inflation report at 09:00BST/10:00CCET. As a reminder, it revealed at its policy meeting on Tuesday that it sees headline inflation averaging 3.5-3.9% this year, 2.7-3.6% in 2025 and 2.5-3.5% in 2026. This year’s range narrowed from the 3.0–4.5% seen in June, while in 2025 the range increased slightly, and 2026 was unchanged. Our full review for this week’s rate decision, with a summary of sell-side analyst views, can be found here.
  • Minister of Foreign Affairs and Trade Peter Szijjarto met with his Russian counterpart, Sergey Lavrov, in New York on Wednesday, his ministry said in a statement cited by MTI. Maintaining ties with Russia on the basis of mutual respect, and advancing cooperation in areas that are not affected by sanctions is in Hungary's interest, Szijjarto said after the meeting.
  • There are no major economic releases scheduled for today, with economic sentiment and unemployment rate figures (Est: 4.2%; Prior: 4.2%) due to cross before the end of the week.
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  • The central bank will present its latest inflation report at 09:00BST/10:00CCET. As a reminder, it revealed at its policy meeting on Tuesday that it sees headline inflation averaging 3.5-3.9% this year, 2.7-3.6% in 2025 and 2.5-3.5% in 2026. This year’s range narrowed from the 3.0–4.5% seen in June, while in 2025 the range increased slightly, and 2026 was unchanged. Our full review for this week’s rate decision, with a summary of sell-side analyst views, can be found here.
  • Minister of Foreign Affairs and Trade Peter Szijjarto met with his Russian counterpart, Sergey Lavrov, in New York on Wednesday, his ministry said in a statement cited by MTI. Maintaining ties with Russia on the basis of mutual respect, and advancing cooperation in areas that are not affected by sanctions is in Hungary's interest, Szijjarto said after the meeting.
  • There are no major economic releases scheduled for today, with economic sentiment and unemployment rate figures (Est: 4.2%; Prior: 4.2%) due to cross before the end of the week.