Hungary's central bank on Monday decided to keep its benchmark base rate unchanged at 6 percent for the second straight month. The decision was in line with economists' expectations.
In January, the central bank raised the key rate by 25 basis points to its current level. The central bank resumed the rate hike in November after holding it steady for six meetings.
Consumer price inflation edged up to 4.1 percent in February from 4 percent in January. Inflation has been running above the 3 percent target since March 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.