May Inflation Falls Below Expectations

Analysts were surprised by the slowdown in Hungary’s inflation rate in May, which eased to 1.8% year-on-year from 2.1% in April, defying expectations of a modest acceleration. Latest data released by the Hungarian Central Statistical Office (KSH) shows that consumer prices were unchanged month-on-month, compared with market forecasts for annual inflation of 2.2%. Analysts attribute […] The post May Inflation Falls Below Expectations appeared first on Hungary Today.

By MTI-Hungary Today