Headline Details

CEE MARKETS-Hungarian forint slips after lower-than-expected CPI

Published on: Tue, 10 Sep 2019 9:08:55 UTC
News Agency: Reuters
Description:
The Hungarian forint softened on Tuesday after a lower than expected inflation reading confirmed the country's central bank can maintain its loose policy and left investors to focus on likely monetary easing by the ECB later this week. Hungary's headline inflation slowed to an annual 3.1% in August, below analyst forecasts for 3.2%, after hitting a seven-year-high of 3.9% in May. Czech consumer prices rose 2.9% in August, remaining near th

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