VOSZ: High inflation will not return even with lower interest rates!
As we reported, the economy suffers from the high level of interest, as it means unrecoverable interest costs. Our analyzes show that a more serious interest rate reduction would be necessary, which would be good for entrepreneurs and employees alike, and that inflation would not return either!
Inflation in our country is still in “free fall”: it has already dropped from a level of over 25% at the beginning of last year to 3.8%. The trend of price growth is thus still not a cause for concern either here in our region or compared to EU data. With the help of our partner, the Equilibrium Institute, we investigated whether the economy could withstand a larger interest rate cut without the return of high inflation. As we show, the interest rate reduction would really benefit the economy!
Related news
Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >Record high food prices in Hungary: discount chains are the winners of the situation
In recent months, food prices in Hungary have been rising…
Read more >Mihály Varga: the central bank’s primary goal is to maintain price stability
The primary goal of the Hungarian National Bank (MNB) is…
Read more >Related news
Master Good, Nestlé Hungária, Tesco Hungary are this year’s winners
This year, Trade Magazine announced the Christmas TV Ads 2024…
Read more >This year’s CO-OP Star Silver Pine and Silver Star awards have been presented
As every year before Christmas, this December, the CO-OP Star…
Read more >Declining company numbers, permanent half-million limit
In 2024, the number of partnerships is expected to decrease…
Read more >