Could the rate of inflation decrease after the war? – A survey by Pulzus

According to university professor György Surányi, former two-time president of the Magyar Nemzeti Bank, the government’s economic policy and the MNB have a major role in the fact that the exchange rate of the forint is in a huge slump compared to other currencies in the region.

Although the war accelerated inflation, Surányi reminded that the price and interest freezes had already started last autumn. He believes that it is unrealistic to think that the end of the war would stop inflation. He asserted that had the Hungarian government not redeemed the funds received from the union at the central bank, the forint would have appreciated, and the exchange rate might have firmed.

However, the government at the time believed that a depreciating forint would be advantageous for the economy since it would spur growth, boost exports, and reduce imports.

We questioned users of our app if they believed that the end of the war will result in a decline in inflation.

According to 25% of the respondents, it is unlikely that inflation would decrease after the end of the war.

How likely do you think it is that the rate of inflation will decrease after the war?

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