Enter your e-mail address below
to reset your password.
Please activate your registration
by clicking the link in the activation email
or click submit to resend the activation email.
Please check your spam folder too...
Check your mailbox to activate your registration.
Please check your spam folder too.
Annual average consumer price inflation (CPI)should be 4.2% this year after 6.1% last year, the National Bank of Hungary (MNB) latest quarterly report showed on Wednesday.
MNB expected 4.5% for this year in its earlier report in August.
MNB now predicts 3.9 % CPI for next year instead of 4.1% in the August report, and 1.91% for 2011 instead of 2.1% in the earlier, August report.
MNB still expects GDP to decline by 6.7% this year, but its prediction for next year, minus 0.6%, is better than the minus 0.9% predicted in the August report. It sees 3.4% real GDP growth in 2011, the same as in the August report. (MTI-ECONEWS)