EU’s Fastest Inflation Slips as Hungary Eyes Rate-Cut Cycle
- Hungary inflation rate drops to 24.0% in April; estimate 24.1%
- Central bank is considering when to start cutting 18% key rate
This article is for subscribers only.
Hungarian inflation, the European Union’s fastest, eased for a third month, bringing the central bank closer to cutting the bloc’s highest key interest rate.
The inflation rate dropped to 24% in April from 25.2% the previous month, lower than the median estimate of 24.1% in a Bloomberg survey. Month-on-month prices increased 0.7%.