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Hungary's Feb industry output up 8.1pc y/y BUDAPEST: Hungary's industrial output rose by an annual 8.1 percent in February according to preliminary unadjusted data, faster than a 6.1 percent analyst forecast, the Central Statistics Office (KSH) said on Tuesday.It is the steepest growth since March 2011, when output expanded by 9.5 percent, KSH statistician Ildiko Miko said. She added that as before, vehicle manufacturing was still the main driver of industry output, as well as exports.Copyright Reuters, 2014


Turkish central bank opens 5bn lira repo auction ISTANBUL: Turkey's central bank opened a one-week repo auction on Tuesday with a volume of 5 billion lira ($2.37 billion) at a fixed rate of 10 percent. The repo will mature on April 15.Copyright Reuters, 2014

Ford says March China auto sales up 28pc year/year SHANGHAI: Ford Motor Co and its Chinese joint ventures sold 103,815 vehicles in China in March, up 28 percent from a year earlier, the US automaker said on Tuesday. That follows a 67 percent year-on-year jump in February and a 53 percent rise in January. The company's sales in the first three months of the year came to 271,321 cars, up 45 percent from the same period a year earlier. Ford's China sales have been ...

Indonesia central bank holds rates steady as pressures ease JAKARTA: Bank Indonesia kept its benchmark reference rate steady for a fifth straight month, as expected, helped by a narrowing in the country's current-account deficit. Southeast Asia's largest economy appears to have turned a corner this year as confidence returns to the rupiah on signs the economy is improving. Its trade balance reverted to surplus in February and inflation has continued to moderate. Analysts expect policymakers will likely keep policy unchanged for now as inflation ...

Lufthansa agrees fresh labour talks with pilots FRANKFURT: German carrier Lufthansa said it had agreed to meet with pilots' union VC on Thursday to discuss their demands for an early retirement scheme and higher pay. The aim of the meeting was to define the next steps and lay the grounds for negotiations, a spokesman for the German flagship carrier said on Tuesday, adding that there would be no new offer."We will take up talks on the basis of the offer on the ...

Bulgarian industrial output up 0.7pc m/m in February SOFIA: Bulgaria's industrial output rose 0.7 percent on the month in February after a revised 1.8 percent increase in January, seasonally adjusted statistics office data showed on Tuesday. Year-on-year, output rose 6.5 percent in February compared to a revised 2.5 percent increase a month earlier.Processing industry rose 3.0 percent on the month in February, mining industry fell 16.7 percent while electricity and heating production fell 8.1 percent month-on-month.Copyright Reuters, 2014

Malaysia Feb factory output seen expanding 6.3pc y/y KUALA LUMPUR: Malaysia's February factory output as measured by the Industrial Production Index likely rose 6.3 percent from a year earlier, a Reuters poll of 16 economists showed, as a slowly improving export outlook supports the manufacturing and electronics sectors.Output in January was up 3.7 from a year earlier. Copyright Reuters, 2014


 



 
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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln