No threat of deflation in Hungary, PM says
BUDAPEST Jan 20 (Reuters) - There is no threat of deflation in the Hungarian economy despite price growth running near historic lows, Prime Minister Viktor Orban said on Monday.
"Hungary is a country where inflation has to be looked for under a microscope, without, however, there being any deflationary threat in the economy," Orban told a conference.
Annual inflation fell to 0.4 percent in December, the lowest in 43 years, due largely to government-imposed cuts in household energy prices, as well as lower food prices. (Reporting by Gergely Szakacs)
- Total CEO de Margerie killed in Moscow as jet hits snow plow |
- Sweden gets two new sightings, as hunt for undersea intruder goes on
- Pistorius starts five-year term for killing Reeva Steenkamp
- U.S. to funnel travelers from Ebola-hit region through five airports
- Ebola crisis turns a corner as U.S. issues new treatment protocols