Despite the result, analysts said it is too early to speak of deflation in the economy, as it is not yet a lasting trend.
 
Core inflation, at 2.5% year-on-year, suggests that there is no deflationary pressure in the economy, Napi Gazdaság writes, citing analysts.
 
State-imposed cuts in energy prices were the main factor behind the fall in inflation in the last two months. Energy prices were down 12.5% year-on-year and 2.5% on a monthly basis.
 
Source: Hungary Around the Clock
 
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Source of photo: MTI