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September Inflation Data Rises Above 20% Y/y

HUNGARY
  • HUNGARY SEPT. CONSUMER PRICES RISE 4.1% M/M; EST. +3.3% (BBG)
  • HUNGARY SEPT. CONSUMER PRICES RISE 20.1% Y/Y; EST. +19.8% (BBG)
  • Analysts noting that the key aspect explaining the acceleration is the change in utility bill support scheme with the statistics office including this change for the first time in the September reading.

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