MNB vice president Auth warns against wage index

Inflationary pressures could build up in the Hungarian economy if next year's wage rises are linked to planned tax changes, warned the vice president of the national bank of Hungary Henrik Auth in an interview.

Source: Reuters

Hungary's centre-left government must avoid linking next year's wage rises to planned tax changes, as such indexation would increase inflationary pressure, vice president of central bank Magyar Nemzeti Bank (MNB) Henrik Auth said in an interview with Reuters on Wednesday.

Au

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.