The MNB has raised its inflation forecast for this year to 5.1 percent

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)
Related news
Only two EU countries have higher inflation than Hungary
The European Inflation Outlook of the Private Banker compared the…
Read more >Bankmonitor: More than 19,000 billion HUF is lying unsecured with Hungarians
According to MNB statistics, Hungarians held 19,236.1 billion forints in…
Read more >For businesses to grow, expanding their credit portfolio is essential.
For businesses to grow, it is essential to expand their…
Read more >Related news
A new era in the global economy? – New challenges for our country
May 2025 brought an acceleration of change in the global…
Read more >New cycle, stable operation, unchanged direction – ÖRT management has received trust
The General Assembly of the Hungarian Self-Regulatory Advertising Board (ÖRT)…
Read more >Consumer protection on a new basis
The National Authority for Trade and Consumer Protection (NKFH) started…
Read more >