It would be a mistake to underestimate the risk of a persistent rise in inflation, National Bank of Hungary deputy governor Barnabás Virág said on Thursday.
Virág noted that inflation is rife around the world partly due to rapid post-pandemic recoveries.
Addressing an event organised by fund manager Aegon Alapkezelő, he said, however, inflation had already taken root in the world economy well before the pandemic.
Inflation has taken off wherever economic relaunches have been robust, and this is the “ …
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Go to Source: : https://hungarytoday.hu/hungary-inflation-recovery-virag/
Central Bank Warns about Underestimating Risk of Persistent Rise in Inflation
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