Hungary's cb says inflation expectation still risk

There remains a risk that inflationary expectations may stabilize at higher levels than previously forecast by the Hungarian National Bank (MNB), Henrik Authg, vice president of the central bank said on Wednesday 11 April.

"Although nothing has changed since our last inflation report in February, there remains a risk that inflationary expectations will stabilize above predictions," said Auth.

"The MNB is watching the development of wages very carefully."

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