Analysts expect consumer prices to continue rising

Analysis

Image by Shutterstock.com

The rise in consumer prices may have accelerated further in March, at least according to analysts informing business daily Világgazdaság.

The analysts' consensus forecast was for an increase of 8.2% in February inflation, while the real price increase was 8.3%.

In March, however, inflation continued to rise, and analysts have already predicted a price increase of 8.7%.

They have also further increased their inflation forecast for this year, which predicts inflation of 9.1% by the end of 2022 instead of the previous 7.8%, and an increase in inflation expectations of 4.6% in 2023 to 6%.

Core inflation and tax-adjusted core inflation also accelerated sharply.

Both values ​​were likely 8.7% in March, according to the consensus.

ADVERTISEMENT

Romania's Industrial PPI up in December  Figures

Romania's Industrial PPI up in December 

IMF Urges Hungarian Authorities to Carry out Structural Refo... Government

IMF Urges Hungarian Authorities to Carry out Structural Refo...

New CEO at the Helm of Kifli.hu Appointments

New CEO at the Helm of Kifli.hu

120,000 Guest Nights Expected From World Athletics Champions... Tourism

120,000 Guest Nights Expected From World Athletics Champions...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.