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Hungary central bank says disinflation is “tough and frequent” in economic system


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Revealed Mar 26, 2024 10:13AM ET

Hungary central bank says disinflation is
© Reuters. The Nationwide Financial institution of Hungary constructing is seen in Budapest, January 18, 2012. REUTERS/Bernadett Szabo /File Portray

BUDAPEST (Reuters) – Hungary’s central bank acknowledged on Tuesday that disinflation became “tough and frequent” in the Hungarian economic system.

In a commentary the bank acknowledged: “The weakening of the forint alternate fee in most popular weeks ingredients to a upward push in imported inflation. On the other hand, the weaker cyclical region of the domestic proper economic system in the short duration of time has a disinflationary affect.”

Hungary central bank says disinflation is “tough and frequent” in economic system

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