Inflation Targets Three Percent

It will rise up to the target by 2018, says Hungarian National Bank

Montázs
  • 2016.09.22. - 15:32

Inflation will approach three percent by mid-2018, announced the Hungarian National Bank (MNB) Thursday.

Inflation remains low but targets three percent, according to the Hungarian National Bank Inflation Report. The target will be reached by mid-2018. MNB also reported that the Hungarian economy is on the right track with dynamic expansion, although it has a temporary slowdown earlier in 2016.

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