MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 22

MNI: PBOC Net Injects CNY76.7 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1918 Mon; -1.35% Y/Y

CHINA PRESS: Yuan To Reach 17% Of Global Payments By 2035

MNI China Daily Summary: Friday, November 22

MNI: PBOC Net Drains CNY345.9 Bln via OMO Friday

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

EZ/UK Bond Supply Calendar: Gilt Syndi; IT, EU Due Monday

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT FINAL NOV INDEX 71.8

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

FED: Powell's Time Looks Up, Replacement Could Be Less Willing To Cut Rates?

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

Orban Says Single-Digit Inflation May Arrive Sooner than Expected

HUNGARY
  • Speaking to state radio this morning, Prime Minister Orban said inflation could fall to single-digits "one to one-and-a-half months" earlier than expected (officials have said they expect the figure to be in the single-digits by year-end). While the CPI index stayed above 20% in June, the trend remains on a downward trajectory and the government will take aggressive steps to keep it there, Orban said.
  • On the Russia-Ukraine war, Orban said "We must be prepared that the war and sanctions will not disappear from our lives." If it actually happened, "a large part of the economic troubles would be fixed". He also said that Ukraine's accession to NATO would immediately lead to a third world war because it would mean that the alliance is at war with Russia.
  • The government is insistent on protecting its scheme to ensure households have access to cheap energy, notwithstanding "attacks from Brussels and the left wing", the government commissioner for maintaining the scheme said on Thursday as per MTI.
  • As well as continuing to discuss Sweden’s NATO accession, Hungary’s cabinet will discuss public finances today. Note yesterday a ruling Fidesz party lawmaker said Hungary may ratify the bid in the autumn. There are no major data releases scheduled for today.
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.