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Press release on the Monetary Council meeting of 23 February 2016 (Central Bank of Hungary) ...

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(Source: Central Bank of Hungary) At its meeting on 23 February 2016, 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 continues. A degree of unused capacity remains in the economy, and therefore the domestic real economic environment continues to have a disinflationary impact. Inflation remains substantially below the Bank's target. The annualinflation rate was unchanged and core inflation has remained broadly the same in January 2016. The Bank's measures of underlying inflation continued to indicate moderate inflationary pressures in the...

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