Financial Conditions Index in Hungary 2015-2023

Published by Flora Medve, Aug 7, 2023
Between 2017 and 2019, Hungary's Financial Conditions Index presented positive values. However, this was followed by a negative trend over the next quarters. In the second half of 2022, the index reached a positive value again, only to decrease to negative 0.09 percent by the first quarter of 2023.

Financial Conditions Index in Hungary from 1st quarter 2015 to 1st quarter 2023

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Source

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Release date

May 2023

Region

Hungary

Survey time period

Q1 2015 to Q1 2023

Supplementary notes

The source adds the following comment: "Positive values ​​mean a larger contribution to economic growth compared to the cyclical position of the economy, while negative values ​​mean a smaller contribution. Detailed methodology: Hosszú, Zs. (2016): The impact of credit supply shocks and a new FCI based on a FAVAR approach, MNB Working Papers 2016/1, Magyar Nemzeti Bank."

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