Hungary's inflation could slow further "at accelerating pace" -minister

Kitco Media
By Reuters
Published:
Updated:
Reuters
BUDAPEST, March 14 (Reuters) - Hungary's inflation could slow further in coming months at an accelerating pace and drop to around 9% in annual terms by the end of the year, business news site vg.hu cited the economy minister as saying on Tuesday. Minister for Economic Development Marton Nagy said the government was committed to curbing inflation to single-digit by the end of 2023. "Declining inflation could also open the room for a reduction in central bank and market interest rates," Nagy was cited as saying in an interview.


(Reporting by Krisztina Than)

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