The MNB expects Inflation below three percent and growth in real wages

By: trademagazin Date: 2013. 06. 27. 12:06

According to the report of the National Bank of Hungary (MNB) published on Thursday, inflation is likely to remain below 3 percent in the next eight quarters, which points toward a monetary easing.

According to the “Report on Inflation” publication of the Central Bank, in accordance with increasing real incomes, households will continue to behavior carefully, so the domestic demand will remain low-key, companies can assert their rising production costs in the prices only limited. (MTI)

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