Hungarian inflation expectations crucial for monetary policy decisions and forecasts.
The article discusses how people in Hungary predict inflation rates. These predictions are important for the country's monetary policy decisions. By studying what professionals, households, and businesses expect inflation to be, the central bank can better understand how credible their policies are and predict future economic trends. In Hungary, surveys are used to gather this information from different groups of people. The central bank pays attention not only to the average predictions but also to how much they vary, as this can give them valuable insights.