Central Bank RatesHungary policy rate in 2003 (5 changes)
Start of year8.50%
End of year12.50%Dec 31, 2003
Net change+400 bp3 hikes, 2 cuts
Average8.468%
Rank by level5 / 36
Changes in 2003
| Date | From | To | Change |
|---|---|---|---|
| Jan 16, 2003 | 8.50% | 7.50% | cut -100 bp |
| Jan 17, 2003 | 7.50% | 6.50% | cut -100 bp |
| Jun 11, 2003 | 6.50% | 7.50% | hike +100 bp |
| Jun 19, 2003 | 7.50% | 9.50% | hike +200 bp |
| Nov 28, 2003 | 9.50% | 12.50% | hike +300 bp |
Compared with other areas at the end of 2003
26%
21.25%
16.5%
16%
12.5%
9%
8%
7.25%
7%
6.75%
6.65%
6.12%
5.31%
5.25%
5.25%
5.2%
5.16%
5%
4.5%
3.75%
3.75%
3.25%
3.25%
2.75%
2.75%
2.5%
2.5%
2.25%
2.25%
2.15%
2%
2%
1.75%
1.25%
1%
0.375%
Year-end rate over time
5.5%
6.5%
6.5%
10.75%
13%
2.4%
0.6%
0.9%
0.9%
0.9%
0.9%
1.35%
2.1%
3%
5.75%
7%
5.75%
6.25%
10%
7.5%
8%
6%
9.5%
12.5%
8.5%
9.75%
11%
2003: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.