Márton Nagy: we are on the right track in reducing inflation
As the government indicated in advance, inflation peaked in January, and in February it started to moderate, the Minister of Economic Development told Világgazdaság. According to Márton Nagy, all of this will continue in the coming months, and the rate of inflation is even faster.
In the interview published on Tuesday, the minister emphasized that twenty measures have already been taken to combat the sanctioned inflation and counter the negative economic effects, which both protect jobs, help families and the economy. He said that inflation mainly stems from supply factors, so these should be addressed first.
“We are on the right track, our expectations have been confirmed, as the government had previously indicated, inflation peaked in January, and in February it started to moderate”
– said the minister, adding that by the end of the year, the rate of inflation may fall back to around 9 percent.
Related news
At a suffocating pace: the corporate world is still shrinking, but the decline is slowing
The number of domestic companies continues to decline, but the…
Read more >Sándor Czomba: the purchasing power of salaries has been continuously increasing for more than 1.5 years
Brussels has been pursuing a flawed economic policy for a…
Read more >GKI: Companies’ price increase intentions have noticeably decreased this year, but cost pressure is still present
In the past part of 2025, price increase intentions have…
Read more >Related news
Starbucks calls corporate employees back to the office — or take a payout
Starbucks Corp. wants its corporate employees to spend more time…
Read more >At a suffocating pace: the corporate world is still shrinking, but the decline is slowing
The number of domestic companies continues to decline, but the…
Read more >Sándor Czomba: the purchasing power of salaries has been continuously increasing for more than 1.5 years
Brussels has been pursuing a flawed economic policy for a…
Read more >