Weekly Highlights:
New FX loans conversion plans of the Hungarian government worry markets
Polish industry improves, but inflation still falls
The NBH base rate slips to fresh lows at 4.0%
Chart of the Week: Hungary’s FX debt trap
FX loans of Hungarian households currently total to almost 14% of GDP..
This non-exhaustive information is based on short-term forecasts for expected developments on the financial markets. KBC Bank cannot guarantee that these forecasts will materialize and cannot be held liable in any way for direct or consequential loss arising from any use of this document or its content. The document is not intended as personalized investment advice and does not constitute a recommendation to buy, sell or hold investments described herein. Although information has been obtained from and is based upon sources KBC believes to be reliable, KBC does not guarantee the accuracy of this information, which may be incomplete or condensed. All opinions and estimates constitute a KBC judgment as of the data of the report and are subject to change without notice.
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