Hungary central bank says disinflation is “strong and general” in economy

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Published Mar 26, 2024 10:13AM ET

© Reuters. The National Bank of Hungary building is seen in Budapest, January 18, 2012. REUTERS/Bernadett Szabo /File Photo

BUDAPEST (Reuters) – Hungary’s central bank said on Tuesday that disinflation was “strong and general” in the Hungarian economy.

In a statement the bank said: “The weakening of the forint exchange rate in recent weeks points to a rise in imported inflation. On the other hand, the weaker cyclical position of the domestic real economy in the short term has a disinflationary impact.”

Hungary central bank says disinflation is “strong and general” in economy

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