Exchange Rate in Hungary
Hungary - Exchange Rate
Economic activity seemingly remained robust in the fourth quarter of 2018, after strong consumer spending and surging fixed investment drove the third-quarter expansion. In October, growth in the industrial sector picked up on the back of solid car production and retail sales continued to expand sturdily, buttressed by a tight labor market and soaring wages. Although the economic environment remains bright, the political scenario is more turbulent. In order to address the problem of rising labor shortages, in mid-December the Hungarian parliament approved a law which increases the amount of overtime working hours employers can demand their workers to take on. Moreover, in a move which could spark further clashes with EU institutions, the National Assembly passed another law creating a new court system to arbitrate on administrative matters, which will be overseen by the justice minister. Although both laws prompted opposition parties to take to the streets, protests are unlikely to represent a serious challenge to the government due to the political diversity among the opposition and the high approval rating of Prime Minister Viktor Orban.Hungary - Exchange Rate Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Exchange Rate (vs USD) | 216.4 | 261.7 | 290.5 | 294.0 | 259.0 |
Hungary Exchange Rate Chart
Source: Thomson Reuters.
Hungary Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.85 | 0.0 % | Jan 14 |
| Exchange Rate | 280.5 | -0.68 % | Jan 14 |
| Stock Market | 40,668 | 0.04 % | Jan 14 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
Hungary: Inflation at seven-month low in December
January 15, 2019
Consumer prices dropped 0.3% over the previous month in December, matching November’s reading.
Hungary: Second estimate confirms slightly stronger industrial production growth in November
January 14, 2019
According to revised data released by the Hungarian Central Statistical Office (KSH) on 14 January, industrial output rose a working-day adjusted 3.5% year-on-year in November.
Hungary: First estimate signals growth in industrial production gains some steam in November
January 8, 2019
According to a first estimate released by the Hungarian Central Statistical Office (KSH) on 8 January, industrial output increased a working-day adjusted 3.5% year-on-year in November, up from October’s revised 3.2% rise (previously reported: +3.3% year-on-year). In month-on-month, seasonally and working-day adjusted terms, industrial production dropped 1.1%, contrasting a 2.0% expansion in October.
Hungary: Economic sentiment closes year on a high note
December 21, 2018
The GKI economic sentiment index, a composite indicator, rose to 8.6 points in December from 7.5 points in November.
Hungary: Central Bank stands pat in December
December 18, 2018
At its latest monetary policy meeting held on 18 December, the Monetary Council of the Hungarian National Bank (MNB) left the base rate unchanged at its current record low of 0.90%, while also holding steady all other monetary policy instruments.
© Copyright: 2019 | Hungary Exchange Rate | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed ...
