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Press release on the Monetary Council meeting of 17 November 2015 (Central Bank of Hungary) ...

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(Source: Central Bank of Hungary) 17 November 2015 At its meeting on 17 November 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 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 annual consumer price index and core inflation both rose in October. As a result, inflation returned into positive territory. The Bank's measures of underlying inflation indicate moderate...

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