Hungary's consumer price inflation moderated more-than-expected in January to the lowest level in nearly eight years, the Hungarian Central Statistical Office said on Thursday.
Consumer prices climbed 2.1 percent year-on-year in January, slower than the 3.3 percent rise in December. Economists had expected inflation to ease to 2.4 percent.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.