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[–] derram 0 points 1 point (+1|-0) ago 

https://archive.ph/83OEY :

2019-06-26 | Risk of Hungary's booming economy overheating is very low: central banker - Reuters

'Productivity was also increasing, Nagy said.“There is a very fine line” separating a high-pressure economy from an overheated economy, Nagy said. '

'BUDAPEST (Reuters) - Hungary’s economy is in a high-pressure phase with strong wage and output growth, but the risk of overheating is very low as investments are booming and it is running a current account surplus, a senior central banker said on Wednesday. '

'In the first quarter, Hungary’s economy expanded an annual 5.3% and wage growth hit double digits. '

'But Nagy said the bank would not react automatically if tax-adjusted core inflation - the bank’s key measure - rose to 4%. '

'The bank targets 3 percent inflation with a tolerance band of a percentage point on either side. '


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