Hungary’s Central Bank Under Pressure to Make More Aggressive Rate Hike as Inflation Hits Nine-Year High

2021. november 11.

bne IntelliNews

Consumer prices in Hungary rose 6.5% year on year, their fastest rate since October 2012, up from 5.5% in the previous month, according to data released by the Central Statistics Office (KSH) on November 9. The figures are well above the 6% market consensus and the National Bank’s 6.1% projection. Month-on-month inflation was 1.1%.