ADVERTISEMENT

MNB measures of underlying inflation little changed in October

Analysis

The measures of underlying inflation employed by the National Bank of Hungary (MNB) were “broadly unchanged” in October from the previous month, the central bank said today, according to Hungarian news agency MTI.

“The measures continue to indicate a moderate inflation environment,” the MNB said. “Households’ inflation expectations have been largely unchanged in recent months and remained at moderate levels, in line with low underlying inflation developments,” it added.

The indicator for core inflation, excluding indirect tax effects, was 1.4% in October, level with the previous month. The indicator for demand-sensitive inflation, which excludes processed foods from core inflation, was 1.5%, also the same as in September.

The indicator for sticky price inflation, which includes items for which retail prices vary, on average, no more than 15% a month, was 1.8%, down from 1.9% in the previous month.

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan Debt

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan

Hungary Treats Smooth EU Transition as Priority, Says Bóka EU

Hungary Treats Smooth EU Transition as Priority, Says Bóka

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Inspiring Women at the Focus of Gourmet Fest In Budapest

Inspiring Women at the Focus of Gourmet Fest

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.