MNI China Daily Summary: Thursday, December 12

RPT-MNI BOC WATCH: More Gradual Approach Seen After 50BP Cut

MNI BRIEF: Beijing To Protect Firms From U.S. Bill - MOFCOM

MNI: PBOC Net Injects CNY28.8 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.1854 Thurs; -1.13% Y/Y

MNI: BRAZIL'S COPOM RAISES SELIC RATE BY 100BPS TO 12.25%

MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

MNI:AUSTRALIA NOV UNEMPLOYMENT RATE +3.9%

MNI: US NOV TREASURY BUDGET -$366.8B

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

HUNGARY: Producer Prices Fall 0.9% M/M, Moody’s May Provide Ratings Update

HUNGARY
  • Hungary's producer prices fell 0.9% m/m in April. Year-on-year, prices fell 2.0%, marking the ninth consecutive month of contraction (Prior: -3.0%). Domestic prices of the manufacturing sector, which have a 60.0% weight in the PPI, edged up 0.4% year-on-year. Domestic energy prices, which account for 38.6% of PPI, fell 15.3%.
  • Meanwhile, Hungary's final trade balance for March came in at +EUR 1.570bn, broadly in-line with the preliminary reading of +EUR 1.510bn, according to the Central Statistical Office. Imports fell 2.4% m/m while exports fell 3.1% m/m.
  • Mol discovered another oil well near Budapest with another 1,300 barrel-per-day output, boosting hydrocarbon production by about 1.5%, Bloomberg report.
  • Moody’s is scheduled to review Hungary’s sovereign credit rating after markets close (Current Rating: Baa2; Outlook: stable). Foreign Minister Peter Szijjarto will attend a NATO meeting in Prague.
CEEMEAEM BulletBulletGlobalEmerging Market NewsHungary
CEEMEAEM BulletBulletGlobalEmerging Market NewsHungary

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.