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文章基本信息

  • 标题:The Governor’s foreword
  • 期刊名称:Annual Report / Magyar Nemzeti Bank
  • 印刷版ISSN:1216-6197
  • 电子版ISSN:1585-4604
  • 出版年度:2007
  • 卷号:1
  • 页码:9-9
  • 出版社:Magyar Nemzeti Bank
  • 摘要:2007 saw unfavourable trends in inflation, with annual CPI varying within the range of 6.4%-9%. Following a peak in March, year-on-year inflation decreased steadily until October, when it again assumed an upward tendency. Inflation, which remained outside both the 3% medium-term target of the Magyar Nemzeti Bank and the ±1% tolerance band all through the year, can be attributed predominantly to factors beyond the central bank’s control. In addition to tax and regulated price increases, which were part of fiscal adjustments, a rapid global rise in oil and food prices in the second half of the year also fuelled inflation.
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