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globalreutersAugust 9, 20241 Mins read
HUF: July inflation undermines the August rate cut but supports the forint – ING
globalreutersAugust 9, 20241 Mins read Thursday’s inflation in Hungary surprised slightly to the upside with a rise from 3.7% to 4.1%, but there is a bigger surprise here compared to the National Bank of Hungary’s (NBH) forecast of 3.8% year-on-year, ING’s FX strategist Frantisek Taborsky notes.
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