Latest Statement
🕊️ Dovish
Press release on the Monetary Council meeting of 16 December 2025
2025-12-16
The Magyar Nemzeti Bank's Monetary Council has decided to maintain the current structure of central bank interest rates, reflecting a cautious approach amid ongoing global economic uncertainties and moderate inflation trends. The bank anticipates a gradual recovery in Hungary's economy, supported by rising real wages and government measures, despite challenges in reducing public debt.
- The central bank base rate remains unchanged, reflecting a cautious stance in light of prolonged trade and geopolitical tensions.
- Hungary's economy is projected to grow by 0.5% in 2025, with stronger growth expected in subsequent years due to rising consumption and investment.
- Inflation and core inflation have decreased to 3.8% and 4.1%, respectively, supported by lower global commodity prices and a stronger forint.