NBH

The National Bank of Hungary (NBH) has published its monthly analysis of inflation developments

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The National Bank of Hungary (NBH) has published its monthly analysis of inflation developments on Tuesday, after the Central Statistical Office (KSH) released its April CPI readings (-0.1% yr/yr). The underlying inflation indicators also show further moderation in price pressure. In its brief analysis the central bank has also suggested that there is practically no price pressure in any segments of the economy.

This is why Hungary needs relief package for FX debtors

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debt hungary

The ratio of non-performing loans (NPLs) at Hungarian households has not increased in the second quarter of 2013, the central bank (NBH) has reported on Thursday. At the end of June 18% of household loans were overdue by more than 90 days, but don’t let be decieved by assessing the situation exclusively in light of this and note that at mortgages the ratio went up to 18.3% by end-June from 17.6% at end-March and at the other loans the NPL ratio was pushed lower mostly because banks were selling their receivables.