Better prospect for Hungary. Rating agency Standard & Poor’s upgraded outlook on Hungary’s “BBB+” credit rating from negative to stable.
Downwards revision. US economy growth rate in the 3Q06 was revised downwards to 2.0% from previous 2.2% q/q.
Lower fine for building societies. Building societies will be fined significantly lower than previously expected. The fine should now amount to CZK 55m as opposed to CZK 484m stated previously.
Hungary’s balance of trade ended in deficit in October of EUR 189.6m. This is a revised figure from preliminary EUR 207.4m.