Hungary: Low inflation opens path for rate cuts – ING

ING economists Peter Virovacz and Zoltán Homolya note that Hungary’s January inflation fell sharply to 2.1% year-on-year, below the National Bank of Hungary’s 3% target. Core inflation also dropped under target, helped by price shield measures and a strong Forint.

Hungary: Low inflation opens path for rate cuts – ING
ING economists Peter Virovacz and Zoltán Homolya note that Hungary’s January inflation fell sharply to 2.1% year-on-year, below the National Bank of Hungary’s 3% target. Core inflation also dropped under target, helped by price shield measures and a strong Forint.

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