BUDAPEST: Hungary's core inflation adjusted for the effects of indirect taxes slowed to 3.2pc in July from 3.5pc in June, the National Bank of Hungary said on Thursday.
Figures released by the Central Statistics Office earlier in the day showed headline inflation slowing to 3.3pc percent year-on-year in July.
"The decrease in headline inflation primarily reflected the decline in fuel prices, while the drop in core inflation was due to a fall in the price index of industrial goods," the central bank said.
"Households' inflation expectations remained at moderate levels in the month, consistent with the 3 percent inflation target.
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