Today the Central Statistics Office KSH said that he Consumer Price Index (CPI) in Hungary fell by a y.o.y 0.7% in November, while emerging market analysts in London earlier projected November’s CPI at negative 0.5%.
“The levels of the measures continue to indicate a moderate inflation environment,” the National Bank of Hungary (MNB) said in a monthly analysis. The MNB attributed the decline in headline CPI in November to the fall in the price of vehicle fuel.
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