Free Trial

Minister For Economic Development Says Inflation Could Exceed 25% Y/y

HUNGARY

Comments From Hungary’s Minister For Economic Development Nagy:

  • Says Q3 GDP growth could be around 4%, full year 2022 growth above 4.5%.
  • Says annual inflation could exceed 25% by the end of this year.
  • Says govt could decide on fresh price caps within days.
  • Says when asked about phasing out existing price caps: we need to see how persistent inflation is. – Inforadio (Reuters News)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.