© Reuters. FILE PHOTO: Hungarian Central Financial institution Governor Gyorgy Matolcsy speaks throughout a enterprise convention in Budapest, Hungary, June 9, 2021. REUTERS/Bernadett Szabo
BUDAPEST (Reuters) – Hungary’s inflation might be between 15% and 18% subsequent 12 months, the Nationwide Financial institution of Hungary’s governor advised a parliament committee on Monday, whereas additionally sharply criticising the federal government’s value caps imposed on fuels, fundamental foodstuffs and mortage charges.
Governor Gyorgy Matolcsy advised the committee that “all value caps ought to be phased out instantly,” the financial institution’s spokesman advised Reuters.