Antena 3 CNN World What happens in the country neighboring Romania. They reached a record over the last four decades

What happens in the country neighboring Romania. They reached a record over the last four decades

<1 minut de citit Publicat la 15:29 12 Apr 2013 Modificat la 15:29 12 Apr 2013
What happens in the country neighboring Romania. They reached a record over the last four decades
Consumer prices in Hungary recorded the lowest growth rate over the last 39 years, thus increasing the chances for the central bank to cut the key interest rate, analysts from Bloomberg say. 


The annual inflation rate slowed to just 2.2% in March from 2.8% in the previous month, the Budapest statistics office announced Thursday . This level has not been reached since September 1974 and is lower than the 2.5% average estimate made by the Bloomberg inquired economists surveyed by. Prices rose by only 0.3% compared to February.

Hungary's central bank, which reduced rates for eight months in a row, to a historic minimum of 5%, could continue this trend if the price pressure remains moderate within the parameters and the financial market stabilizes.

×
Citește mai multe din World
    » Citește mai multe din World
    x close