The MNB would consult the European Central Bank on the measure in the coming days, he added. Virág augured an improvement in Hungary's current-account balance as a decline in European gas prices shows up with a delay, domestic demand falls, and new industrial capacities support exports.

He added that one-offs impacted the current account balance in November, pointing to the effect of imports necessary for significant domestic investments or stock building.

Hungary's C/A deficit reached EUR 1.699 billion in November, widening from EUR 1.556 bln in October.

Virág said inflation could continue to rise in January as the elimination of a motor fuels price cap early in December continues to impact the headline figure, but he added that disinflationary effects would strengthen in the coming months.