Simor noted that the MNB had calculated with a $137-per-barrel crude price in its last Inflation Report in August, but the price has since slipped to around $90 per barrel. This — if all other factors remain unchanged — will have a positive effect on inflation, he said.
Speaking about Hungary’s outlook for adopting the euro, Simor said it is not enough to meet the Maastricht requirements, it must achieve these in a sustainable way.
Asked by MTI how severely the political uncertainty in Hungary is affecting the assessment of investment constructions, Simor said if there is risk, it will come with a higher risk premium. He added that global tendencies currently had the biggest effect on the market. (MTI-Econews)
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
