BUDAPEST, Jan 29 (Reuters) - Hungary's January annual
inflation is expected to rise above 25% but in February price
growth will start slowing which could allow the central bank to
gradually start reducing its interest rates, the minister for
economic development said on Sunday.
Marton Nagy, a former central bank deputy governor, told
state radio that the "very high" interest rates made the
government's job difficult and harmed the economy.
(Reporting by Krisztina Than;
Editing by Alison Williams)
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