Magyar Nemzeti Bank base rate

7.0% Hungarian Base Rate Retained as Expected

April 24, 2012

The Monetary Council at Meyar Nemzeti Bank did not change its base rate for the fourth consecutive meeting and released a statement that enumerated many upside price risks such as past forint depreciation, elevated energy costs, higher excise duties, and a hike in value added taxation.  On-year CPI inflation of 5.5% last month after 5.9% […] More