© Reuters. The National Bank of Hungary building is seen in Budapest, January 18, 2012. REUTERS/Bernadett Szabo /File Photo
BUDAPEST (Reuters) – Hungary’s central bank said on Tuesday that disinflation was “strong and general” in the Hungarian economy.
In a statement the bank said: “The weakening of the forint exchange rate in recent weeks points to a rise in imported inflation. On the other hand, the weaker cyclical position of the domestic real economy in the short term has a disinflationary impact.”