Like in the Czech Republic the Hungarian inflation June’s surprises on the downside. Another NBH’s cut in the air
The Hungarian consumer price index (released on Friday) fell by 0.3% Y/Y in June which was like in the Czech Republic lower figure than market consensus. Compared to the previous month CPI increased by 0.1%. Core inflation accelerated from 2.5% Y/Y in May to 2.6% Y/Y in June.
Read the full report: FX Daily