Hungary's deflation decreased in March

As in the rest of the region, prices went up (by 0.6%) in mom terms, mainly due to higher fuel prices. 

According to the Hungarian Central Bank's latest report on inflation, inflation will remain negative in the first half of this year but should rise gradually over the next few months. 

The low base effect from the decrease in fuel prices starting at the end of 2014 will contribute significantly to the rise of inflation at the end of 2015 and start of 2016. 

The central bank expects inflation in 2015 to be around zero on average and around 2.6% in 2016.