Hungary PPI YoY
The term "Producer Price Change" refers to the change in the price of goods and services offered by manufacturers and producers in the wholesale market from one year to the next during a certain period.
A higher than expected figure should be seen as positive (bullish) for the HUF while a lower than expected figure should be seen as negative (bearish) for the HUF.
Komunikācijas apskats (HUF)
News (HUF)
Hungary Holds Base Rate Steady At 13%, Slashes Lending Rate By 450 Bps
The Hungarian central bank left its key interest rate unchanged on Tuesday, but slashed the overnight lending rate, which was raised significantly in October last year amid the financial market turbulence, as policymakers assessed that the inflation risks are manageable and the financial market concerns have subsided.
RTTNews | 379 days ago
Hungary Tightens Monetary Policy To Combat High Inflation, External Pressures
Hungary's central bank took extraordinary measures on Friday to support the weakening forint after Prime Minister Viktor Orban urged the finance minister and the central bank governor to curb inflation that hit a 26-year high in September. The Monetary Council of the National Bank of Hungary decided to raise the upper bound of the interest rate corridor, leaving the base rate unchanged at 13.0 pe
RTTNews | 572 days ago
