Hungary central bank says disinflation is “strong and general” in economy

BUDAPEST (Reuters) – Hungary’s central bank said on Tuesday that disinflation was “strong and general” in the Hungarian economy.

In a statement the bank said: “The weakening of the forint exchange rate in recent weeks points to a rise in imported inflation. On the other hand, the weaker cyclical position of the domestic real economy in the short term has a disinflationary impact.”

(Reporting by Krisztina Than and Gergely Szakacs)