Zsigmond Jarai optimistic on inflation target

HUNGARY - Dec 2000 year-on-year inflation could be 6-7%, Hungary's central bank governor Zsigmond Jarai said at an event of the Joint Venture Alliance, according to the daily Vilaggazdasag.

Inflation in Mar 2001 will remain at the level of the previous two months, but will drop in the second half of the year, Jarai said. The central bank governor noted that the devaluation of the forint and price increases in the EU account for 5.2% imported inflation, adding that there is no need to introduce

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