"We can see the light at the end of the tunnel," Gulyás said at a talk at the 32nd Balvanyos Summer Free University and Student Camp in Baile Tusnad, Romania.
Hungary's CPI rose 20.1% year-on-year in June, falling for the fifth month in a row after peaking at 25.7% in January.
The government has pledged to bring inflation down to the single digits by year-end.
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