Inflationary pressures on the economy are strengthening

Inflationary pressures on the economy are strengthening – macroeconomic analysts told MTI. This year the core inflation could reach 3 percent permanently, while the National Bank of Hungary (MNB) could gradually prepare for the normalization of monetary conditions.

According to the data released by the Hungarian Central Statistical Office (KSH) published on Tuesday, consumer prices were 2.8 percent higher year-on-year, compared to last year, and in December increased by 2.7 percent year-on-year. Compared to the previous month, prices decreased by 0.3 percent last December, just like in the previous month. (MTI)