Key Events In EMEA For the Week Of Feb. 14

ING Economics
By Peter Virovacz of ING Economics
Economic and Financial Analysis •

GDP data from Hungary and other central and eastern European countries, plus a central bank meeting in Turkey are the key things to watch next week.

Hungary: GDP growth will reflect solid end to 2021

The only data release during the next week will be related to fourth-quarter GDP growth. Based on high-frequency data as well as remarks from government officials, it seems that Hungary closed 2021 on a high note. Quarter-on-quarter GDP growth of 1.5% will translate into year-on-year growth of 6.1% in 4Q21. As this is only a flash estimate we will hardly see any detailed clues from the Statistical Office regarding the drivers. But we expect the domestic demand to be sitting in the driving seat.

EMEA Economic Calendar

Source: Refinitiv, ING, *GMT

 

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