Analysts: February inflation outperformed expectations

The rise in consumer prices in February surpassed expectations, core inflation and tax-filtered core inflation was well above the 3 percent central bank target.

As a result, the Monetary Council of the National Bank of Hungary may start normalizing monetary conditions, for the time being, by revoking the non-traditional instruments – analysts commented the data of the report of the Statistical Office (KSH) published on Friday. (MTI)