Imports in Hungary
Hungary - ImportsDespite upbeat first-quarter indicators, analysts expect last year’s growth spurt to be petering out amid a more challenging external-sector backdrop. Domestic demand still looks to be in the driver’s seat. Both the labor market and consumer confidence have notched gains in recent months, while industrial-sector capacity constraints and the ongoing construction boom have likely buoyed fixed investment. Some cracks have begun to appear, however. Business confidence plunged to a two-year low in April and, more broadly, higher inflation since the outset of the year is expected to take its toll. In early May, all eyes were on Moody’s in the run-up to its credit-rating call—now postponed. Ahead of any announcement, strong fundamentals and well-managed public finances bode well for an upgrade to its Baa3 credit rating—although analysts remain split on the matter.
Hungary - Imports Data
|Imports (USD billion)||99.3||114||90.8||92.2||114|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||3.33||0.0 %||May 13|
|Exchange Rate||288.7||-0.68 %||May 13|
|Stock Market||11,538||0.04 %||May 13|
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May 15, 2019
The Hungarian economy continued to fire on all cylinders in the first quarter.
May 14, 2019
Industrial output increased a working-day-adjusted 8.0% year-on-year in March, outpacing a 6.0% increase in February and marking the strongest result since October 2017.
May 9, 2019
Consumer prices increased 0.9% over the previous month in April, up from March’s 0.7% increase.
May 8, 2019
Industrial output increased a working-day-adjusted 8.0% year-on-year in March, outpacing a 6.0% increase in February.
May 6, 2019
The GKI economic sentiment index, a composite indicator, plummeted to a 23-month low 2.9 points in April from 6.2 points in March.