Data Gold February 11, Hungary's inflation rate accelerated far beyond expectations, testing the Bank Sentral's hawkish policy and evolving into a political issue for Hungarian Prime Minister Orban before the election. Data released by the Hungarian Statistical Office on Tuesday showed that consumer prices in January rose by pump 5.5% year-on-year, the fastest increase in 13 months, higher than December last year's 4.6%. Despite the country's Bank Sentral's statement that price increases will peak in January and then cool down, the latest data highlights concerns that people's inflation expectations may stabilize at levels higher than expected. This could also put pressure on Orban, who is facing a cost of living crisis just over a year before the tense election. Orban's ruling party is lagging behind in opinion polls, and he has announced victory over inflation, which reached as high as 26% two years ago. But many Hungarians are not convinced.
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Inflasi yang melonjak di Hungaria menjadi masalah politik bagi Orban
Data Gold February 11, Hungary's inflation rate accelerated far beyond expectations, testing the Bank Sentral's hawkish policy and evolving into a political issue for Hungarian Prime Minister Orban before the election. Data released by the Hungarian Statistical Office on Tuesday showed that consumer prices in January rose by pump 5.5% year-on-year, the fastest increase in 13 months, higher than December last year's 4.6%. Despite the country's Bank Sentral's statement that price increases will peak in January and then cool down, the latest data highlights concerns that people's inflation expectations may stabilize at levels higher than expected. This could also put pressure on Orban, who is facing a cost of living crisis just over a year before the tense election. Orban's ruling party is lagging behind in opinion polls, and he has announced victory over inflation, which reached as high as 26% two years ago. But many Hungarians are not convinced.