Analysts are also divided by the recent retail sales and inflation data

Dániel Molnár, the lead analyst of the Makronóm Institute, told MFOR that the consolidation of energy prices is already visible to companies, and that he does not expect inflation to rise again, since January’s monthly inflation was only 0.7 percent, while analysts expect an increase of over 1 percent. they mattered.

Gábor Regős, the chief economist of Gránit Alapkezelő, called Friday’s data favorable, which showed lower than expected inflation. Low inflation can be attributed to increasing competition in retail trade, the normalization of energy prices and the still not strong enough state of domestic demand.

ING Bank’s senior analyst, Péter Virovácz, noted that the 0.5 percent increase in the price of services was a surprise, especially because several food prices were reduced. The December service repricing was actually an early year repricing brought forward due to the minimum wage increase, and services inflation is still in the double-digit range.
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