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Analysts project -0.3% CPI in September

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A day ahead of the official release, business daily Napi Gazdasag said today that analysts who were polled believe Hungary's consumer price index probably edged down, minus 0.3%, year-on-year in September.

The analysts put the month-on-month CPI change at 0%, according to reports. The 12-month CPI was 0.2% in August and 0.1% in July, after three months of negative rates.

The analysts said the average inflation rate will probably be 0.1% this year and 2.1% in 2015, according to an MTI report that cites Napi Gazdasag.

The Central Statistics Office (KSH) is to publish September CPI figures tomorrow (October 10).

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