[Tree] Hungarian economic forecast and analysis

Version 0.72 (2024-11-18 13:38:20.513000)

updates: Hungarian economy expected to grow over 3% in 2025

Version 0.71 (2024-11-15 11:45:06.388000)

updates: Updated growth forecasts and geopolitical risks highlighted

Version 0.7 (2024-11-15 09:35:23.652000)

updates: Forecast downgraded to 1.3%, ECB cuts rates

Version 0.69 (2024-10-30 14:06:06.477000)

updates: Germany's economy grows, ending recession fears

Version 0.68 (2024-10-30 12:42:42.474000)

updates: Added details on Germany's economic performance

Version 0.67 (2024-10-30 11:45:45.484000)

updates: Spain's GDP growth leads eurozone recovery

Version 0.66 (2024-10-16 12:42:20.464000)

updates: Spain's GDP growth forecast revised upward; inflation down

Version 0.65 (2024-10-16 09:35:23.915000)

updates: Updated global growth forecasts and inflation trends

Version 0.64 (2024-10-06 07:39:26.599000)

updates: GDP forecast drastically reduced; consumption declines noted

Version 0.63 (2024-10-01 14:41:52.666000)

updates: Incorporated central bank survey insights and leadership change

Version 0.62 (2024-10-01 02:44:29.474000)

updates: Optimism in business sentiment despite factory output drop

Version 0.61 (2024-09-30 03:44:43.058000)

updates: Factory output fell 3.3%, raising recovery concerns

Version 0.6 (2024-09-27 09:44:40.233000)

updates: Updated factory output and economic forecasts

Version 0.59 (2024-09-27 08:38:22.500000)

updates: Factory output declines due to typhoon and weak demand

Version 0.58 (2024-09-18 04:44:24.648000)

updates: Exports slow, machinery orders shrink, trade deficit rises

Version 0.57 (2024-09-15 03:43:54.201000)

updates: Revised GDP growth and consumption data; political uncertainty

Version 0.56 (2024-09-10 00:42:57.416000)

updates: Updated growth rate and political leadership details

Version 0.55 (2024-09-09 18:39:57.227000)

updates: Updated growth rate and political leadership context

Version 0.54 (2024-09-09 07:39:39.251000)

updates: Revised growth rate and political leadership transition

Version 0.53 (2024-09-03 03:39:08.939000)

updates: Japan allocates $6.7 billion for energy subsidies

Version 0.52 (2024-09-02 06:35:09.833000)

updates: Strong capital expenditure signals solid domestic demand

Version 0.51 (2024-08-21 04:44:31.529000)

updates: Export growth below expectations; shipment volumes declining.

Version 0.5 (2024-08-21 02:42:12.304000)

updates: Exports growth lags expectations; volumes fall again

Version 0.49 (2024-08-15 03:05:01.837000)

updates: Revised with new information on Japan's Q2 rebound and economic indicators

Version 0.48 (2024-08-11 22:11:10.820000)

updates: Japanese firms less optimistic about the economy due to weak yen and inflation

Version 0.47 (2024-08-11 22:00:50.601000)

updates: Firms less optimistic amid weak yen and inflation

Version 0.46 (2024-08-02 04:02:43.647000)

updates: Revised Q2 GDP figures and outlook, impact on Japan's economy

Version 0.45 (2024-07-01 08:57:47.667000)

updates: Revised Q1 GDP contraction to 2.9% from 1.8%, added details on public investment and housing investment, mentioned private consumption contraction, added government officials' optimism about wage hikes and tax cuts stimulating spending, added concerns about Japan's position in the global economy [7fcea16b]

Version 0.44 (2024-06-12 00:56:35.677000)

updates: Updates on earthquake, Toyota and Mazda production halt, bacterium cases, pepper spray incident, Akihabara mass killing

Version 0.43 (2024-06-10 06:57:22.340000)

updates: Japan's Q1 GDP contraction, private sector investments revised, impact of vehicle model tests scandal on the economy, production halts at Toyota's Daihatsu subsidiary, decline in consumer spending, concerns about rising utilities costs and weak yen, leaked government's economic blueprint

Version 0.42 (2024-06-10 05:52:44.873000)

updates: Updated information on GDP contraction, impact of vehicle model tests scandal, and government's economic blueprint leak

Version 0.41 (2024-06-10 04:54:49.152000)

updates: GDP contraction revised to 1.8%, private sector investments revised to minus 0.4%, additional information on factors contributing to the decline in GDP, leak of government's economic blueprint

Version 0.4 (2024-06-10 01:53:28.614000)

updates: Japan's Q1 GDP Contracts by 1.8%, Prompting Leak of Government's Economic Blueprint

Version 0.39 (2024-06-10 00:55:24.476000)

updates: Updates on Q1 2024 GDP contraction, household spending, and Bank of Japan rate talks

Version 0.38 (2024-06-03 00:52:44.699000)

updates: Information on Japanese companies' capital investment in the first quarter

Version 0.37 (2024-05-25 04:54:01.624000)

updates: Includes information on the Consumer Price Index (CPI) easing to 2.2%

Version 0.36 (2024-05-24 07:52:54.436000)

updates: Bank of Japan Governor Kazuo Ueda maintains that the economy is on track for a moderate recovery and suggests that the slump in first-quarter GDP alone will not prevent the central bank from raising interest rates in the coming months. Ueda also highlights the outlook for the U.S. economy as a key risk to growth, which will likely be discussed at the G7 finance leaders' meeting in Stresa, Italy. Japan's economy contracted by an annualized 2.0% in the first quarter due to output disruptions at some automakers and rising living costs. However, Ueda believes that auto production will recover from the second quarter onwards and inflationary pressure from rising raw material costs will dissipate. These remarks maintain market expectations that the BOJ will raise interest rates later this year. Ueda will attend the G7 finance leaders' meeting with Japanese Finance Minister Shunichi Suzuki.

Version 0.35 (2024-05-23 14:55:13.669000)

updates: Bank of Japan Governor Kazuo Ueda maintains that the economy is on track for a moderate recovery, despite a slump in first-quarter GDP. Ueda believes that the weak GDP data does not change the central bank's view on Japan's economy, as auto production is expected to recover in the second quarter. He also expects inflationary pressure to dissipate and rising nominal wages to support household income and consumption. Ueda's remarks suggest that the BOJ may raise interest rates later this year. Ueda will attend the G7 finance leaders' meeting in Stresa with Japanese Finance Minister Shunichi Suzuki.

Version 0.34 (2024-05-23 12:53:19.157000)

updates: Bank of Japan maintains view of Japan's economic outlook despite Q1 GDP contraction

Version 0.33 (2024-05-18 23:53:22.267000)

updates: Japan's economy contracted more than predicted in Q1 2024; Japanese companies predict worsening Chinese economy

Version 0.32 (2024-05-17 04:27:47.319000)

updates: Half of Japanese companies predict worsening Chinese economy

Version 0.31 (2024-05-16 16:58:20.769000)

updates: Japan's economy contracted by 0.5% in Q1 2024, worse than expected

Version 0.3 (2024-05-16 16:57:46.169000)

updates: Japan's economy contracted by 2% in Q1 2024

Version 0.29 (2024-05-16 11:54:46.171000)

updates: Japan's economy contracted by 0.5% in Q1 2024, worse than forecasted. Consumer spending and exports declined. Bank of Japan may wait for Q2 GDP data before considering interest rate hike. Weak consumer spending and rising cost of living are challenges for sustained economic growth. Concerns about subsidies and yen's weakness remain. Unemployment remains low, but wage growth is slow. Toyota's subsidiary's problems contributed to the decline. BT announces cost savings push and drop in pre-tax profits.

Version 0.28 (2024-05-16 06:56:47.304000)

updates: Japan's economy contracted at an annualized rate of 2% in Q1 2024, worse than the forecasted 1.5% drop. BT announced a new cost savings push to save £3bn per year and reported a 31% drop in pre-tax profits for the last financial year.

Version 0.27 (2024-05-16 06:54:42.631000)

updates: Japan's economy contracts by 0.5% in Q1 2024, exports and consumer spending decline

Version 0.26 (2024-05-16 03:51:55.782000)

updates: Updated information on Japan's GDP contraction, consumer spending, and auto industry

Version 0.25 (2024-05-16 01:57:23.681000)

updates: Japan's economy contracted by 0.5% in the first quarter, worse than expected

Version 0.24 (2024-05-16 00:53:08.109000)

updates: Updated information on Japan's economy contracting and the factors contributing to the decline

Version 0.23 (2024-05-15 03:55:51.873000)

updates: Japan's economy contracted in Q1

Version 0.22 (2024-05-10 00:56:03.340000)

updates: Includes information on the decline in consumer spending

Version 0.21 (2024-04-30 00:55:10.589000)

updates: Updates on factory output and economic recovery

Version 0.2 (2024-04-17 03:20:19.584000)

updates: The weakening yen and its impact on business confidence and household consumption

Version 0.19 (2024-04-17 03:18:08.975000)

updates: Japan records trade deficit for third straight fiscal year

Version 0.18 (2024-04-17 01:21:12.415000)

updates: Japan's exports grow for fourth consecutive month, boosted by China and weaker yen

Version 0.17 (2024-04-09 11:21:23.082000)

updates: Japan's economy shrinks for second consecutive month in February

Version 0.16 (2024-04-08 06:21:12.530000)

updates: Japan's current account surplus rose but missed estimates

Version 0.15 (2024-04-08 01:22:27.298000)

updates: Japan's current account surplus rises but misses estimates

Version 0.14 (2024-04-05 00:22:35.960000)

updates: Updates on household spending and inflation in Japan

Version 0.13 (2024-04-01 01:19:08.680000)

updates: Confidence among Japan's big manufacturers slips after three quarters of growth

Version 0.12 (2024-03-21 00:24:38.299000)

updates: Business confidence in Japan's economy improves as sentiment rises

Version 0.11 (2024-03-13 05:28:24.482000)

updates: Revised GDP growth falls short of expectations

Version 0.1 (2024-03-11 09:20:18.944000)

updates: Revised data shows Japan's economy grew in Q4 2023, avoiding recession. The Bank of Japan faces pressure to raise interest rates. Consumer spending and wage growth remain weak.

Version 0.09 (2024-03-11 01:16:43.204000)

updates: Revised economic data shows Japan's economy avoiding recession

Version 0.08 (2024-01-23 09:00:58.358000)

updates: BOJ considering April rate hike based on wage negotiations

Version 0.07 (2023-12-19 21:01:25.886000)

updates: The Bank of Japan maintains its negative interest rate and continues its easy credit policy. BOJ Governor Kazuo Ueda remains cautious about raising rates. Japan's inflation data exceeds expectations. Bank of Japan board members emphasize the importance of maintaining stimulus measures. The BOJ is waiting for evidence of sustainable inflation before making any moves. The bank's decision reflects its commitment to supporting the economy.

Version 0.06 (2023-12-19 08:00:09.929000)

updates: The Bank of Japan's decision to maintain negative interest rates aligns with its ongoing efforts to provide monetary stimulus and ensure financial stability. It reflects the bank's commitment to supporting the country's economic recovery from the impact of the COVID-19 pandemic. The bank's decision also comes as Japan's inflation data exceeds economists' expectations, signaling the potential for a revision of price projections in an upcoming economic report. However, the bank remains cautious about the global outlook and the need to maintain both yield curve control and negative interest rates for the time being. The Bank of Japan will continue to monitor wage growth and inflation expectations as it determines the timing for any policy shifts. Overall, the bank's decision to maintain negative interest rates underscores its commitment to supporting the economy during the holiday season and beyond.

Version 0.05 (2023-12-19 07:02:00.354000)

updates: Bank of Japan maintains negative interest rates, cautious about raising rates

Version 0.04 (2023-12-17 18:59:28.398000)

updates: Bank of Japan's decision to maintain negative interest rates ahead of Christmas

Version 0.03 (2023-12-16 22:06:38.952000)

updates: Bank of Japan is not expected to end negative interest rate policy in upcoming policy meeting

Version 0.02 (2023-11-30 07:40:26.159000)

updates: Bank of Japan board member Toyoaki Nakamura expresses caution about phasing out stimulus

Version 0.01 (2023-11-30 05:40:39.562000)

updates: Bank of Japan maintains stimulus measures, policymakers express caution

Version 0.0 (2023-11-02 07:36:36.109000)

updates: