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Press release on the Monetary Council meeting of 20 October 2015 (Central Bank of Hungary) ...

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(Source: Central Bank of Hungary) At its meeting on 20 October 2015, the Monetary Council reviewed the latest economic and financial developments and voted to leave the central bank base rate unchanged at 1.35%. In the Council's assessment, Hungarian economic growth is likely to continue. While the pace of economic activity is strengthening, there continues to be a degree of unused capacity in the economy, and therefore the domestic real economic environment continues to have a disinflationary impact. Inflation remains substantially below the Bank's target. Consumer prices fell in September 2015. Core inflation was broadly unchanged. The Bank's measures of...

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