MNB: annual inflation may drop to 3 percent in 2022
Balatoni András, Head of the MNB’s Directorate for Budget and Competitiveness Analysis, added to the forecast at the central bank’s online press conference that inflation in 2021 could be significantly affected by oil price developments. This year, money deterioration is shaped by unusual supply-demand conditions due to the coronavirus. In the past, for example, as he said, the beginning of the summer was typically not a repricing time period, but now price increases by tourism providers have strengthened inflation. (MTI)
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