Goldman Sachs: CPI positive by 2015
TOO SMALL, DO NOT USE
London-based economists from Goldman Sachs are expecting Hungarian CPI to drop 0.3% in September year-on-year primarily due to continued decrease in fuel prices and base effects of certain components of core inflation, whilst JP Morgan analysts are expecting 0.2% drop in CPI for the same period, according to reports from Hungarian news agency MTI.
Like most London-based banks, GS analysts also forecast positive inflation data for the fourth quarter due to the fact that last year’s utility price reductions are no longer a consideration while food prices are expected to increase. In spite of negative CPI in September, Goldman Sachs analysts are expecting Hungarian inflation to accelerate to 3% by mid-2015, in line with the central bank’s targets.
Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March
Hungary Condemns Iranian Attack on Israel
Share of 1st Time Home Buyers Climbs
Tribe Hotel Budapest Stadium Recognized at LIV Hospitality D...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.
