No Threat Of Deflation In Hungary

  • 10 Feb 2014 8:00 AM
No Threat Of Deflation In Hungary
Coface analysts see no threat of deflation in Hungary even though inflation has fallen to a ten-year low. The leading global credit insurer said in its latest analysis that inflation has sunk to a ten-year low in Hungary, primarily due to a series of government-mandated utilities price cuts.

The analysts point out among the positive factors that growth will be supported by exports.

Furthermore, the central bank’s lending programme could contribute to the creation of new jobs and to higher wages.


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