Hungary August inflation edges up to 1.3%
Hungary inflation inched up to 1.3% in August. The reading was well below the central bank’s 3% target, though analysts cite forint weakness and global bond-market volatility as potential caution on rate cuts.
3% in August, data showed on Tuesday, remaining well below the central bank's 3% target. Some analysts said falls in the forint and global bond market volatility may make policymakers cautious on rate cuts.