MNB: rise in inflation is temporary

Inflation is only temporarily and exceeded 3 percent in June, due to external reasons – Várhegyi Judit, head of the Hungarian National Bank (MNB) told M1 news channel on Wednesday.

The Central Statistical Office (KSH) said on Tuesday that consumer prices in June were 3.1 percent higher than in the previous year.

Várhegyi Judit emphasized that the core indicators defining core inflation, show a mild increase of only 2-2.5 percent just like in the previous months. (MTI)