Márton Nagy: inflation has practically collapsed, the government has already reduced it below 4 percent

In his statement on Friday, he explained that inflation practically collapsed in the course of just one year, so it is no longer a significant problem from the point of view of the economy. Hungarian inflation has now dropped to a more favorable level than in Estonia (5.0 percent), Croatia (4.8 percent), Austria (4.3 percent) or Slovakia (4.3 percent).

According to the Minister of National Economy, this was helped by targeted government measures, such as the online price monitoring system and mandatory campaigns.