Mihaly Varga said that the government do not need to make changes to this year’s budget.
The National Bank of Hungary’s (NBH) closely watched gauge of lasting price developments, tax-adjusted core inflation, will peak at 3.8% in the fourth quarter and decline from the end of 2019, the bank said in its quarterly inflation report.
US underlying consumer prices increased solidly in August, leading to the largest annual gain in a year, but rising inflation is unlikely to deter the Federal Reserve from cutting interest rates again next week to support a slowing economy.
South Korea’s consumer inflation faltered to its slowest on record in August while second quarter economic growth was revised down on weaker exports, firming up the case for central bank rate cuts as early as next month.
The UAE Cabinet has approved a landmark decree amending certain provisions of the existing “commercial transactions law” to allow drawers and payees of bounced cheques additional opportunities at reconciliation.
Tower A, the Elite building of Bloom Towers, consists of 255 premium residential units ranging from one-bedroom to three- bedroom apartments with sizes from 700 to 1,600 sqft available to purchase with prices starting from Dhs750,000, offering homeowners and investors great opportunities to secure exceptional long-term value and a guaranteed 8% return on investment for three years.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, has launched the Nasdaq Dubai Growth Market, a new market under the umbrella of Nasdaq Dubai.
Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Group CEO of the Abu Dhabi National Oil Company (Adnoc), reinforced the close and deep-rooted economic ties between the United Arab Emirates