BUDAPEST, March 19 (Reuters) - Hungary's latest indicators:
(Last updated on March 19 with Jan. wages.)
KEY CENTRAL BANK INTEREST RATES (latest change in brackets)
Base rate 5.75 pct (-25 bps on Feb 22)
2-week deposit rate 5.75 pct (
25 bps on Feb 22)
GROSS DOMESTIC PRODUCT (year-on-year pct change)
Q4 2009 Q3 2009 Full 2009 Q4 2008
Unadj. -4.0 -7.1 -6.3 -2.5
Calendar
and seasonally
-adjusted -5.3 -7.1 -6.2 -2.4
Quarter-to-
quarter -0.4 -1.2 N/A -2.3
INFLATION (pct change)
Feb 2010 Jan 2010 Feb 2009
Headline CPI m/m 0.3 1.4 1.0
Headline CPI y/y 5.7 6.4 3.0
Core CPI y/y 4.8 5.1 3.4
KSH BREAKDOWN OF CPI MONTHLY CHANGE
Food Alcohol Clothing Consumer Energy Other Service Total
tobacco durables goods
Sept -0.6 1.0 2.9 0.7 0.7 -0.1 -1.1 -0.1
Oct 0.1 0.6 3.7 -0.7 -0.2 -0.4 -0.3 0.0
Nov 0.6 0.5 0.2 -0.3 -1.5 1.5 0.0 0.3
Dec -0.2 0.0 -0.4 -0.2 0.8 -0.3 0.1 0.0
Jan 2.2 2.6 -3.9 0.4 1.7 2.5 0.7 1.4
Feb 0.3 0.1 -2.1 0.0 0.3 0.0 1.0 0.3
KSH BREAKDOWN OF CPI YEAR-ON-YEAR CHANGE
Sept 3.0 9.4 1.7 5.7 6.4 2.8 5.9 4.9
Oct 2.8 9.6 0.6 4.9 5.8 3.3 5.6 4.7
Nov 3.3 10.1 0.3 4.3 2.0 7.6 5.9 5.2
Dec 2.9 10.0 0.1 4.0 2.7 10.2 5.8 5.6
Jan 2.9 11.6 1.2 3.9 4.0 13.7 5.6 6.4
Feb 2.1 11.1 0.9 3.4 3.2 11.0 6.0 5.7
INDUSTRIAL PRODUCER PRICE INDEX (PPI pct change)
Jan 2010 Dec 2009 Jan 2009
Month-on-month 0.8 0.1 3.0
Year-on-year -0.6 1.3 5.7
INDUSTRIAL OUTPUT (pct change)
Jan 2010 Dec 2009 Jan 2009
Month-on-month (adjusted) 8.8 -5.9 1.8
Year-on-year (adjusted) 5.7 -1.2 -20.7
Year-on-year (unadjusted) 3.4 1.0 -22.4
NOTE: Month-on-month figures are seasonally and working day-adjusted. Adjusted year-on-year data reflect the number of working days.
UNEMPLOYMENT (Three-month rolling figures)
Nov-Jan '10 Oct-Dec '09 Nov-Jan '09
Unemployed
(Pct of workforce) 10.8 10.5 8.4
Number of jobless 455,600 442,100 350,800
Employed
(Pct of workforce) 48.8 49.2 49.8
(million) 3.750 3.783 3.838
WAGES (year-on-year pct change)
Jan 2010 Dec 2009 FY 2008 FY 2009
--Real wage 6.1 N/A 0.7 -2.4
--Net wage 12.9 2.5 6.8 1.7
--Gross wage 6.5 0.0 7.5 0.5
--Private sector
bonus-adjusted 4.7 3.5 8.2 N/A
RETAIL SALES (pct change)
Dec 2009 Nov 2009 Dec 2008
Month-on-month -0.7 -0.8 -0.9
Year-on-year -7.4 -7.8 -3.6
NOTE - Month-on-month retail data are seasonally and working day-adjusted. Year-on-year data are working day-adjusted.
BUDGET BALANCE (in billion Hungarian forints)
Jan-Feb 2009 Jan-Feb 2010
Central state budget -262 -336
Indep. govt funds 31.5 26.1
Social sec. funds -26.2 -40.7
Public sector balance -256.7 -350.6
NOTE - The figures are cash-flow based and do not include local governments.
DETAILED CENTRAL BANK C/A AND FINANCING (In million euros)
Q3 Q2 Q3
2009 2009 2008
Trade of goods/services 1,986 1,815 76
Goods 1,268 1,398 -429
-Exports 14,851 14,334 18,198
-Imports 13,583 12,936 18,627
Services 718 417 504
Income and current transfers -1,288 -1,340 -2,314
CURRENT ACCOUNT 698 475 -2,239
Capital account 354 415 129
Non debt creating financing 1,034 -615 372
-Abroad -134 -373 -331
(Equity capital) -82 -347 -193
-in Hungary 1,546 -1,038 1,025
(Equity capital) 481 351 384
Reinvested profits 1,065 -1,388 641
Portfolio inv. -378 796 -323
KSH TRADE BALANCE (million euros)
Dec 2009 Nov 2009 Full 2009 Dec '08 Full 2008
375.4 409.5 4,569.7 -81.6
319.4
NOTE - Dec. 2009 figures are preliminary. The KSH is the Central Statistics Office.
CENTRAL BANK INTERNATIONAL RESERVES (million euros, end-period)
Feb 2010 Jan 2010 Dec 2009 Feb 2009
32,860 32,571 30,676 24,905
LATEST TREASURY BILL AUCTION YIELDS (pct)
6-week 3-month 12
month
6.48 5.37 5.30
LATEST GOVERNMENT BOND AUCTION YIELDS (pct)
3-yr 2013/E 5-yr 2015/A 10-yr 2019/A 15
yr 2023/A
6.33 6.52 7.46 7.16
HUNGARY'S SOVEREIGN RATINGS (Outlook in brackets)
Fitch Moody's S&P
(negative) (negative) (stable)
Short-term forint N/A N/A A-3
Long-term forint BBB+ Baa1 BBB-
Short-term foreign c. F3 N/A A-3
Long-term foreign c. BBB Baa1 BBB-
Data release diary.........................
Forecasts for key indicators................
Forecasts for EUR/HUF.....................
Benchmark govt securities yields...........
Government securities auctions...
Auction history..........................
Foreigners' govt bond holding history......
Duration of foreigners' holding history....
NBH forint fixings.........................
Forint/dollar market quotes................
Forint/euro market quotes..................
Interbank o/n, t/n deposit rates...
Budapest Stock Exchange BUX index..........
(Reporting by Sandor Peto) Keywords: HUNGARY INDICATORS/ (sandor.peto@thomsonreuters.com; +36 1 327 4744; Reuters Messaging sandor.peto.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
(Last updated on March 19 with Jan. wages.)
KEY CENTRAL BANK INTEREST RATES (latest change in brackets)
Base rate 5.75 pct (-25 bps on Feb 22)
2-week deposit rate 5.75 pct (
25 bps on Feb 22)
GROSS DOMESTIC PRODUCT (year-on-year pct change)
Q4 2009 Q3 2009 Full 2009 Q4 2008
Unadj. -4.0 -7.1 -6.3 -2.5
Calendar
and seasonally
-adjusted -5.3 -7.1 -6.2 -2.4
Quarter-to-
quarter -0.4 -1.2 N/A -2.3
INFLATION (pct change)
Feb 2010 Jan 2010 Feb 2009
Headline CPI m/m 0.3 1.4 1.0
Headline CPI y/y 5.7 6.4 3.0
Core CPI y/y 4.8 5.1 3.4
KSH BREAKDOWN OF CPI MONTHLY CHANGE
Food Alcohol Clothing Consumer Energy Other Service Total
tobacco durables goods
Sept -0.6 1.0 2.9 0.7 0.7 -0.1 -1.1 -0.1
Oct 0.1 0.6 3.7 -0.7 -0.2 -0.4 -0.3 0.0
Nov 0.6 0.5 0.2 -0.3 -1.5 1.5 0.0 0.3
Dec -0.2 0.0 -0.4 -0.2 0.8 -0.3 0.1 0.0
Jan 2.2 2.6 -3.9 0.4 1.7 2.5 0.7 1.4
Feb 0.3 0.1 -2.1 0.0 0.3 0.0 1.0 0.3
KSH BREAKDOWN OF CPI YEAR-ON-YEAR CHANGE
Sept 3.0 9.4 1.7 5.7 6.4 2.8 5.9 4.9
Oct 2.8 9.6 0.6 4.9 5.8 3.3 5.6 4.7
Nov 3.3 10.1 0.3 4.3 2.0 7.6 5.9 5.2
Dec 2.9 10.0 0.1 4.0 2.7 10.2 5.8 5.6
Jan 2.9 11.6 1.2 3.9 4.0 13.7 5.6 6.4
Feb 2.1 11.1 0.9 3.4 3.2 11.0 6.0 5.7
INDUSTRIAL PRODUCER PRICE INDEX (PPI pct change)
Jan 2010 Dec 2009 Jan 2009
Month-on-month 0.8 0.1 3.0
Year-on-year -0.6 1.3 5.7
INDUSTRIAL OUTPUT (pct change)
Jan 2010 Dec 2009 Jan 2009
Month-on-month (adjusted) 8.8 -5.9 1.8
Year-on-year (adjusted) 5.7 -1.2 -20.7
Year-on-year (unadjusted) 3.4 1.0 -22.4
NOTE: Month-on-month figures are seasonally and working day-adjusted. Adjusted year-on-year data reflect the number of working days.
UNEMPLOYMENT (Three-month rolling figures)
Nov-Jan '10 Oct-Dec '09 Nov-Jan '09
Unemployed
(Pct of workforce) 10.8 10.5 8.4
Number of jobless 455,600 442,100 350,800
Employed
(Pct of workforce) 48.8 49.2 49.8
(million) 3.750 3.783 3.838
WAGES (year-on-year pct change)
Jan 2010 Dec 2009 FY 2008 FY 2009
--Real wage 6.1 N/A 0.7 -2.4
--Net wage 12.9 2.5 6.8 1.7
--Gross wage 6.5 0.0 7.5 0.5
--Private sector
bonus-adjusted 4.7 3.5 8.2 N/A
RETAIL SALES (pct change)
Dec 2009 Nov 2009 Dec 2008
Month-on-month -0.7 -0.8 -0.9
Year-on-year -7.4 -7.8 -3.6
NOTE - Month-on-month retail data are seasonally and working day-adjusted. Year-on-year data are working day-adjusted.
BUDGET BALANCE (in billion Hungarian forints)
Jan-Feb 2009 Jan-Feb 2010
Central state budget -262 -336
Indep. govt funds 31.5 26.1
Social sec. funds -26.2 -40.7
Public sector balance -256.7 -350.6
NOTE - The figures are cash-flow based and do not include local governments.
DETAILED CENTRAL BANK C/A AND FINANCING (In million euros)
Q3 Q2 Q3
2009 2009 2008
Trade of goods/services 1,986 1,815 76
Goods 1,268 1,398 -429
-Exports 14,851 14,334 18,198
-Imports 13,583 12,936 18,627
Services 718 417 504
Income and current transfers -1,288 -1,340 -2,314
CURRENT ACCOUNT 698 475 -2,239
Capital account 354 415 129
Non debt creating financing 1,034 -615 372
-Abroad -134 -373 -331
(Equity capital) -82 -347 -193
-in Hungary 1,546 -1,038 1,025
(Equity capital) 481 351 384
Reinvested profits 1,065 -1,388 641
Portfolio inv. -378 796 -323
KSH TRADE BALANCE (million euros)
Dec 2009 Nov 2009 Full 2009 Dec '08 Full 2008
375.4 409.5 4,569.7 -81.6
319.4
NOTE - Dec. 2009 figures are preliminary. The KSH is the Central Statistics Office.
CENTRAL BANK INTERNATIONAL RESERVES (million euros, end-period)
Feb 2010 Jan 2010 Dec 2009 Feb 2009
32,860 32,571 30,676 24,905
LATEST TREASURY BILL AUCTION YIELDS (pct)
6-week 3-month 12
month
6.48 5.37 5.30
LATEST GOVERNMENT BOND AUCTION YIELDS (pct)
3-yr 2013/E 5-yr 2015/A 10-yr 2019/A 15
yr 2023/A
6.33 6.52 7.46 7.16
HUNGARY'S SOVEREIGN RATINGS (Outlook in brackets)
Fitch Moody's S&P
(negative) (negative) (stable)
Short-term forint N/A N/A A-3
Long-term forint BBB+ Baa1 BBB-
Short-term foreign c. F3 N/A A-3
Long-term foreign c. BBB Baa1 BBB-
Data release diary.........................
Forecasts for key indicators................
Forecasts for EUR/HUF.....................
Benchmark govt securities yields...........
Government securities auctions...
Auction history..........................
Foreigners' govt bond holding history......
Duration of foreigners' holding history....
NBH forint fixings.........................
Forint/dollar market quotes................
Forint/euro market quotes..................
Interbank o/n, t/n deposit rates...
Budapest Stock Exchange BUX index..........
(Reporting by Sandor Peto) Keywords: HUNGARY INDICATORS/ (sandor.peto@thomsonreuters.com; +36 1 327 4744; Reuters Messaging sandor.peto.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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