The MNB raised its inflation forecast for this year to 7.5-9.8 percent

MNB raises high inflation forecast
The previous December Inflation Report included 4.7-5.1 percent inflation this year and a 4-5 percent GDP expectation.
The MNB still expects that the rise in consumer prices will start to decline from 2022, with inflation likely to be 3.3-5.0 percent in 2023 and 2.5-3.5 percent in 2024, according to the latest forecast.
In December, the central bank still expected inflation to be between 2.5 and 3.5 percent in 2023 and 2024. (MTI)
Related news
KSH: the rate of wage increases exceeds inflation, the countryside is catching up
According to the latest data from the Hungarian Central Statistical…
Read more >Gergely Gulyás: margin freeze extended until November 30
The margin freeze will be extended until November 30, the…
Read more >The government has extended the margin freeze
Viktor Orbán announced in the Facebook group Harcosok Klubja that…
Read more >Related news
Danone lines up yogurt facility expansion amid “explosive growth” in US
The Activia brand owner has made a “multi-million dollar investment”…
Read more >Denmark plans to scrap taxes on coffee, confectionery
The complete removal of taxes on coffee and confectionery is…
Read more >Katalin Neubauer: margin stop and mall stop do not serve the interests of retail
The government has extended the margin cap and tightened the…
Read more >