The MNB has raised its inflation forecast for this year to 5.1 percent
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MNB expects inflation to be above five percent this year
The previous September Inflation Report included inflation of 4.6-4.7 percent this year and an expectation of 6.5-7.0 percent of GDP.
The MNB still expects that the rise in consumer prices will start to decline from 2022, with inflation likely to be 4.7-5.1 percent next year and 2.5-3.5 percent in 2023 and 2024, according to the latest forecast. (MTI)
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