The below three percent inflation data is only temporary, deflation doesn't endanger Hungary, says officials.
According to the Central Bank of Hungary, currently people have more money to spend, so consuming will grow up soon. The Hungarian economy has been dynamic in the last few quarters, so there won't be the same deflation that happened in Japan on the 90s. Of course, in a long term basis a low positive inflation is needed to “power economy”, officials said.
